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

The rate at which Rs. 72000 amounts to Rs. 93600 in 3 years is
A. 8%
B. 12%
C. 10%
D. 9%
Answer: Option C
Solution (By JKSSB Mock Tests)
SI = 21600. R = (21600 × 100)/(72000 × 3) = 10%.

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Practice More Simple Interest Questions

Question #1
Rate for Rs. 91000 to Rs. 118300 in 3 years SI
A. 8%
B. 9%
C. 10%
D. 12%

Correct Answer: Option C


Explanation:
SI = 27300. R = (27300 * 100)/(91000 * 3) = 10%.

This question belongs to: Maths Simple Interest
Question #2
Simple interest on Rs. 52500 for 3 years at 10%
A. Rs. 15550
B. Rs. 15950
C. Rs. 15750
D. Rs. 16150

Correct Answer: Option C


Explanation:
SI = (52500 * 10 * 3)/100 = 15750.

This question belongs to: Maths Simple Interest
Question #3
The rate at which Rs. 603000 amounts to Rs. 783900 in 3 years is
A. 8%
B. 9%
C. 12%
D. 10%

Correct Answer: Option D


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

This question belongs to: Maths Simple Interest