The rate at which Rs. 693000 amounts to Rs. 900900 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 693000 amounts to Rs. 900900 in 3 years is

A. 9%

B. 8%

C. 12%

D. 10%

Answer: Option D

Solution (By JKSSB Mock Tests)

SI = 207900. R = (207900 × 100)/(693000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

The principal that gives Rs. 13759200 interest in 9 years at 34% SI is

A. Rs. 4501000

B. Rs. 4500000

C. Rs. 4498000

D. Rs. 4499000

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Correct Answer: Option B

Explanation:
P = (13759200 × 100)/(34 × 9) = 4500000.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 2934000 for 3 years at 70% per annum is

A. Rs. 6161600

B. Rs. 6161800

C. Rs. 6161400

D. Rs. 6161200

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Correct Answer: Option C

Explanation:
SI = (2934000 × 70 × 3)/100 = 6161400.

This question belongs to: Maths Simple Interest

Question #3

In how many years will Rs. 3861000 amount to Rs. 5405400 at 8% simple interest?

A. 5 years

B. 7 years

C. 4 years

D. 6 years

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Correct Answer: Option A

Explanation:
SI = 1544400. T = (1544400 × 100)/(3861000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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