The rate at which Rs. 450000 amounts to Rs. 585000 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 450000 amounts to Rs. 585000 in 3 years is

A. 9%

B. 10%

C. 12%

D. 8%

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = 135000. R = (135000 × 100)/(450000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

The principal that gives Rs. 63000 interest in 7 years at 9% SI is

A. Rs. 99000

B. Rs. 101000

C. Rs. 100000

D. Rs. 98000

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Correct Answer: Option C

Explanation:
P = (63000 × 100)/(9 × 7) = 100000.

This question belongs to: Maths Simple Interest

Question #2

The amount after 3 years on Rs. 14000 at 8% SI is

A. Rs. 17560

B. Rs. 17760

C. Rs. 17360

D. Rs. 17160

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Correct Answer: Option C

Explanation:
SI = 3360. Amount = 17360.

This question belongs to: Maths Simple Interest

Question #3

Rate for Rs. 217000 to Rs. 282100 in 3 years SI

A. 10%

B. 9%

C. 8%

D. 12%

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Correct Answer: Option A

Explanation:
SI = 65100. R = (65100 * 100)/(217000 * 3) = 10%.

This question belongs to: Maths Simple Interest

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