The rate at which Rs. 783000 amounts to Rs. 1017900 in 3 years is MCQ with Answer and Explanation

The rate at which Rs. 783000 amounts to Rs. 1017900 in 3 years is
A. 8%
B. 9%
C. 12%
D. 10%
Answer: Option D
Solution (By JKSSB Mock Tests)
SI = 234900. R = (234900 × 100)/(783000 × 3) = 10%.

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Practice More Simple Interest Questions

Question #1
In how many years will Rs. 40000 amount to Rs. 56000 at 10% simple interest?
A. 3 years
B. 6 years
C. 5 years
D. 4 years

Correct Answer: Option D


Explanation:
SI = 16000. T = (16000 × 100)/(40000 × 10) = 4 years.

This question belongs to: Maths Simple Interest
Question #2
SI on Rs. 241500 for 2 years at 19%
A. Rs. 91570
B. Rs. 92170
C. Rs. 91970
D. Rs. 91770

Correct Answer: Option D


Explanation:
SI = (241500 * 19 * 2)/100 = 91770.

This question belongs to: Maths Simple Interest
Question #3
The principal that gives Rs. 1335600 interest in 8 years at 13% SI is
A. Rs. 1285000
B. Rs. 1282500
C. Rs. 1277500
D. Rs. 1280000

Correct Answer: Option B


Explanation:
P = (1335600 × 100)/(13 × 8) = 1282500.

This question belongs to: Maths Simple Interest