The rate at which Rs. 873000 amounts to Rs. 1134900 in 3 years is MCQ with Answer and Explanation

The rate at which Rs. 873000 amounts to Rs. 1134900 in 3 years is
A. 8%
B. 10%
C. 12%
D. 9%
Answer: Option B
Solution (By JKSSB Mock Tests)
SI = 261900. R = (261900 × 100)/(873000 × 3) = 10%.

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Practice More Simple Interest Questions

Question #1
The rate at which Rs. 4563000 amounts to Rs. 5931900 in 3 years is
A. 12%
B. 8%
C. 9%
D. 10%

Correct Answer: Option D


Explanation:
SI = 1368900. R = (1368900 × 100)/(4563000 × 3) = 10%.

This question belongs to: Maths Simple Interest
Question #2
A sum of Rs. 28000 amounts to Rs. 39200 in 4 years at simple interest. The rate is
A. 9%
B. 8%
C. 10%
D. 12%

Correct Answer: Option C


Explanation:
SI = 11200. R = (11200 × 100)/(28000 × 4) = 10%.

This question belongs to: Maths Simple Interest
Question #3
Rate when Rs. 259000 amounts to Rs. 336700 in 3 years
A. 9%
B. 10%
C. 8%
D. 12%

Correct Answer: Option B


Explanation:
SI = 77700. R = (77700 * 100)/(259000 * 3) = 10%.

This question belongs to: Maths Simple Interest