A sum of Rs. 135000 amounts to Rs. 189000 in 4 years at simple interest. The rate is MCQ with Answer and Explanation
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Question #1
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The rate at which Rs. 4248000 amounts to Rs. 5522400 in 3 years is
Correct Answer: Option C
Explanation:
SI = 1274400. R = (1274400 × 100)/(4248000 × 3) = 10%.
SI = 1274400. R = (1274400 × 100)/(4248000 × 3) = 10%.
This question belongs to:
Maths
Simple Interest
Question #2
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A sum of Rs. 19135 amounts to Rs. 28702 in 10 years at simple interest. Rate is
Correct Answer: Option D
Explanation:
SI = 9567. R = (9567 * 100)/(19135 * 10) = 5%.
SI = 9567. R = (9567 * 100)/(19135 * 10) = 5%.
This question belongs to:
Maths
Simple Interest
Question #3
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A sum of Rs. 2610000 amounts to Rs. 3654000 in 4 years at simple interest. The rate is
Correct Answer: Option A
Explanation:
SI = 1044000. R = (1044000 × 100)/(2610000 × 4) = 10%.
SI = 1044000. R = (1044000 × 100)/(2610000 × 4) = 10%.
This question belongs to:
Maths
Simple Interest
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