The rate at which Rs. 738000 amounts to Rs. 959400 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 738000 amounts to Rs. 959400 in 3 years is

A. 10%

B. 12%

C. 8%

D. 9%

Answer: Option A

Solution (By JKSSB Mock Tests)

SI = 221400. R = (221400 × 100)/(738000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

A sum of Rs. 126000 amounts to Rs. 176400 in 4 years at simple interest. The rate is

A. 12%

B. 8%

C. 10%

D. 9%

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Correct Answer: Option C

Explanation:
SI = 50400. R = (50400 × 100)/(126000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 4194000 for 3 years at 98% per annum is

A. Rs. 12328360

B. Rs. 12328560

C. Rs. 12328960

D. Rs. 12328760

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Correct Answer: Option B

Explanation:
SI = (4194000 × 98 × 3)/100 = 12328560.

This question belongs to: Maths Simple Interest

Question #3

Simple interest on Rs. 80500 for 4 years at 6%

A. Rs. 19320

B. Rs. 19520

C. Rs. 19720

D. Rs. 19120

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Correct Answer: Option A

Explanation:
SI = (80500 * 6 * 4)/100 = 19320.

This question belongs to: Maths Simple Interest

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