The rate at which Rs. 4563000 amounts to Rs. 5931900 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 4563000 amounts to Rs. 5931900 in 3 years is

A. 8%

B. 10%

C. 12%

D. 9%

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = 1368900. R = (1368900 × 100)/(4563000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1

Simple interest on Rs. 1827000 for 2 years at 48% per annum is

A. Rs. 1754120

B. Rs. 1753720

C. Rs. 1754320

D. Rs. 1753920

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Correct Answer: Option D

Explanation:
SI = (1827000 × 48 × 2)/100 = 1753920.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 3447000 for 2 years at 84% per annum is

A. Rs. 5790960

B. Rs. 5791360

C. Rs. 5791160

D. Rs. 5790760

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Correct Answer: Option A

Explanation:
SI = (3447000 × 84 × 2)/100 = 5790960.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 1234800 interest in 9 years at 13% SI is

A. Rs. 1054000

B. Rs. 1055000

C. Rs. 1056000

D. Rs. 1057000

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Correct Answer: Option C

Explanation:
P = (1234800 × 100)/(13 × 9) = 1056000.

This question belongs to: Maths Simple Interest

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