The rate at which Rs. 4518000 amounts to Rs. 5873400 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 4518000 amounts to Rs. 5873400 in 3 years is

A. 10%

B. 9%

C. 12%

D. 8%

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = 1355400. R = (1355400 × 100)/(4518000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

Rate if Rs. 56000 gives Rs. 16800 SI in 4 years

A. 6%

B. 7.5%

C. 8%

D. 9%

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Correct Answer: Option B

Explanation:
R = (16800 * 100)/(56000 * 4) = 7.5%.

This question belongs to: Maths Simple Interest

Question #2

In how many years will Rs. 2511000 amount to Rs. 3515400 at 8% simple interest?

A. 6 years

B. 7 years

C. 4 years

D. 5 years

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Correct Answer: Option D

Explanation:
SI = 1004400. T = (1004400 × 100)/(2511000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

Rate for Rs. 35000 to become Rs. 45500 in 4 years SI

A. 7.5%

B. 6%

C. 8%

D. 9%

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Correct Answer: Option A

Explanation:
SI = 10500. R = (10500 * 100)/(35000 * 4) = 7.5%.

This question belongs to: Maths Simple Interest

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