The rate at which Rs. 504000 amounts to Rs. 655200 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 504000 amounts to Rs. 655200 in 3 years is

A. 10%

B. 8%

C. 9%

D. 12%

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = 151200. R = (151200 × 100)/(504000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

Rate for Rs. 161000 to Rs. 209300 in 3 years SI

A. 8%

B. 12%

C. 10%

D. 9%

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Correct Answer: Option C

Explanation:
SI = 48300. R = (48300 * 100)/(161000 * 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 675000 amounts to Rs. 945000 in 4 years at simple interest. The rate is

A. 8%

B. 10%

C. 9%

D. 12%

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Correct Answer: Option B

Explanation:
SI = 270000. R = (270000 × 100)/(675000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 10094400 interest in 9 years at 28% SI is

A. Rs. 4001000

B. Rs. 3999000

C. Rs. 4000000

D. Rs. 3998000

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Correct Answer: Option C

Explanation:
P = (10094400 × 100)/(28 × 9) = 4000000.

This question belongs to: Maths Simple Interest

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