The rate at which Rs. 963000 amounts to Rs. 1251900 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 963000 amounts to Rs. 1251900 in 3 years is

A. 8%

B. 12%

C. 10%

D. 9%

Answer: Option C

Solution (By JKSSB Mock Tests)

SI = 288900. R = (288900 × 100)/(963000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

Simple interest on Rs. 4419000 for 3 years at 103% per annum is

A. Rs. 13666410

B. Rs. 13666810

C. Rs. 13666210

D. Rs. 13666610

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Correct Answer: Option A

Explanation:
SI = (4419000 × 103 × 3)/100 = 13666410.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 4239000 for 3 years at 99% per annum is

A. Rs. 12596130

B. Rs. 12596530

C. Rs. 12595930

D. Rs. 12596330

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Correct Answer: Option A

Explanation:
SI = (4239000 × 99 × 3)/100 = 12596130.

This question belongs to: Maths Simple Interest

Question #3

At what rate will Rs. 28000 amount to Rs. 36400 in 5 years?

A. 7%

B. 8%

C. 5%

D. 6%

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Correct Answer: Option D

Explanation:
SI = 8400. R = (8400 × 100)/(28000 × 5) = 6%.

This question belongs to: Maths Simple Interest

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