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. 12%
B. 8%
C. 9%
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
The principal that gives Rs. 16416000 interest in 8 years at 45% SI is
A. Rs. 4551000
B. Rs. 4548000
C. Rs. 4549000
D. Rs. 4550000

Correct Answer: Option D


Explanation:
P = (16416000 × 100)/(45 × 8) = 4550000.

This question belongs to: Maths Simple Interest
Question #2
The rate at which Rs. 603000 amounts to Rs. 783900 in 3 years is
A. 12%
B. 9%
C. 8%
D. 10%

Correct Answer: Option D


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

This question belongs to: Maths Simple Interest
Question #3
A sum of Rs. 3510000 amounts to Rs. 4914000 in 4 years at simple interest. The rate is
A. 12%
B. 8%
C. 10%
D. 9%

Correct Answer: Option C


Explanation:
SI = 1404000. R = (1404000 × 100)/(3510000 × 4) = 10%.

This question belongs to: Maths Simple Interest