The rate at which Rs. 72000 amounts to Rs. 93600 in 3 years is MCQ with Answer and Explanation

Question

Share Report Error

The rate at which Rs. 72000 amounts to Rs. 93600 in 3 years is

A. 9%

B. 8%

C. 10%

D. 12%

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = 21600. R = (21600 × 100)/(72000 × 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

Simple interest on Rs. 837000 for 2 years at 26% per annum is

A. Rs. 435040

B. Rs. 435440

C. Rs. 435640

D. Rs. 435240

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = (837000 × 26 × 2)/100 = 435240.

This question belongs to: Maths Simple Interest

Question #2

The principal that gives Rs. 17280000 interest in 9 years at 40% SI is

A. Rs. 4798000

B. Rs. 4801000

C. Rs. 4799000

D. Rs. 4800000

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
P = (17280000 × 100)/(40 × 9) = 4800000.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 302400 interest in 8 years at 9% SI is

A. Rs. 421000

B. Rs. 418000

C. Rs. 420000

D. Rs. 419000

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
P = (302400 × 100)/(9 × 8) = 420000.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs