The rate at which Rs. 4428000 amounts to Rs. 5756400 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 4428000 amounts to Rs. 5756400 in 3 years is

A. 12%

B. 8%

C. 10%

D. 9%

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = 1328400. R = (1328400 × 100)/(4428000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

A sum of Rs. 1035000 amounts to Rs. 1449000 in 4 years at simple interest. The rate is

A. 10%

B. 8%

C. 9%

D. 12%

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Correct Answer: Option A

Explanation:
SI = 414000. R = (414000 × 100)/(1035000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

In how many years will Rs. 1566000 amount to Rs. 2192400 at 8% simple interest?

A. 7 years

B. 4 years

C. 6 years

D. 5 years

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Correct Answer: Option D

Explanation:
SI = 626400. T = (626400 × 100)/(1566000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 756000 interest in 8 years at 12% SI is

A. Rs. 786500

B. Rs. 787500

C. Rs. 788500

D. Rs. 785500

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Correct Answer: Option B

Explanation:
P = (756000 × 100)/(12 × 8) = 787500.

This question belongs to: Maths Simple Interest

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