The rate at which Rs. 603000 amounts to Rs. 783900 in 3 years is MCQ with Answer and Explanation

Question

Share Report Error

The rate at which Rs. 603000 amounts to Rs. 783900 in 3 years is

A. 9%

B. 10%

C. 8%

D. 12%

Answer: Option B

Solution (By JKSSB Mock Tests)

SI = 180900. R = (180900 × 100)/(603000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Simple Interest Questions

Question #1

The simple interest on a certain sum for 5 years at 8% is Rs. 2000. The principal is

A. Rs. 6000

B. Rs. 5500

C. Rs. 5000

D. Rs. 4500

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
P = (2000 × 100)/(8 × 5) = 5000.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 3132000 for 2 years at 77% per annum is

A. Rs. 4823680

B. Rs. 4823480

C. Rs. 4823080

D. Rs. 4823280

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = (3132000 × 77 × 2)/100 = 4823280.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 529200 interest in 9 years at 11% SI is

A. Rs. 535000

B. Rs. 533000

C. Rs. 536000

D. Rs. 534000

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
P = (529200 × 100)/(11 × 9) = 535000.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs