The rate at which Rs. 522000 amounts to Rs. 678600 in 3 years is MCQ with Answer and Explanation

The rate at which Rs. 522000 amounts to Rs. 678600 in 3 years is
A. 9%
B. 10%
C. 12%
D. 8%
Answer: Option B
Solution (By JKSSB Mock Tests)
SI = 156600. R = (156600 × 100)/(522000 × 3) = 10%.

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Practice More Simple Interest Questions

Question #1
Amount after 6 years on Rs. 25000 at 8% SI
A. Rs. 37000
B. Rs. 36000
C. Rs. 38000
D. Rs. 35000

Correct Answer: Option A


Explanation:
SI = 12000. Amount = 37000.

This question belongs to: Maths Simple Interest
Question #2
Simple interest on Rs. 504000 for 3 years at 17% per annum is
A. Rs. 257240
B. Rs. 257440
C. Rs. 256840
D. Rs. 257040

Correct Answer: Option D


Explanation:
SI = (504000 × 17 × 3)/100 = 257040.

This question belongs to: Maths Simple Interest
Question #3
In how many years will Rs. 1521000 amount to Rs. 2129400 at 8% simple interest?
A. 5 years
B. 7 years
C. 4 years
D. 6 years

Correct Answer: Option A


Explanation:
SI = 608400. T = (608400 × 100)/(1521000 × 8) = 5 years.

This question belongs to: Maths Simple Interest