The rate at which Rs. 648000 amounts to Rs. 842400 in 3 years is MCQ with Answer and Explanation

Question

Share Report Error

The rate at which Rs. 648000 amounts to Rs. 842400 in 3 years is

A. 12%

B. 9%

C. 8%

D. 10%

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = 194400. R = (194400 × 100)/(648000 × 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 principal that gives Rs. 21600 interest in 6 years at 6% SI is

A. Rs. 60000

B. Rs. 59000

C. Rs. 58000

D. Rs. 61000

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
P = (21600 × 100)/(6 × 6) = 60000.

This question belongs to: Maths Simple Interest

Question #2

In how many years will Rs. 3051000 amount to Rs. 4271400 at 8% simple interest?

A. 4 years

B. 7 years

C. 6 years

D. 5 years

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = 1220400. T = (1220400 × 100)/(3051000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3

A sum becomes Rs. 25200 after 3 years and Rs. 28000 after 5 years at simple interest. The principal is

A. Rs. 19600

B. Rs. 22400

C. Rs. 18200

D. Rs. 21000

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
Difference for 2 years = 2800. SI per year = 1400. SI for 3 years = 4200. Principal = 25200 - 4200 = 21000.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs