The rate at which Rs. 4473000 amounts to Rs. 5814900 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 4473000 amounts to Rs. 5814900 in 3 years is

A. 9%

B. 10%

C. 8%

D. 12%

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = 1341900. R = (1341900 × 100)/(4473000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

The simple interest on a certain sum for 5 years at 8% is Rs. 2000. The principal is

A. Rs. 4500

B. Rs. 6000

C. Rs. 5000

D. Rs. 5500

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Correct Answer: Option C

Explanation:
P = (2000 × 100)/(8 × 5) = 5000.

This question belongs to: Maths Simple Interest

Question #2

The rate at which Rs. 2088000 amounts to Rs. 2714400 in 3 years is

A. 12%

B. 10%

C. 8%

D. 9%

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Correct Answer: Option B

Explanation:
SI = 626400. R = (626400 × 100)/(2088000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

A sum of Rs. 315000 amounts to Rs. 441000 in 4 years at simple interest. The rate is

A. 9%

B. 12%

C. 8%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 126000. R = (126000 × 100)/(315000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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