A sum of Rs. 2160000 amounts to Rs. 3024000 in 4 years at simple interest. The rate is MCQ with Answer and Explanation
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Question #1
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Simple interest on Rs. 3564000 for 3 years at 84% per annum is
Correct Answer: Option C
Explanation:
SI = (3564000 × 84 × 3)/100 = 8982720.
SI = (3564000 × 84 × 3)/100 = 8982720.
This question belongs to:
Maths
Simple Interest
Question #2
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A sum of Rs. 4050000 amounts to Rs. 5670000 in 4 years at simple interest. The rate is
Correct Answer: Option C
Explanation:
SI = 1620000. R = (1620000 × 100)/(4050000 × 4) = 10%.
SI = 1620000. R = (1620000 × 100)/(4050000 × 4) = 10%.
This question belongs to:
Maths
Simple Interest
Question #3
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A sum of Rs. 1080000 amounts to Rs. 1512000 in 4 years at simple interest. The rate is
Correct Answer: Option D
Explanation:
SI = 432000. R = (432000 × 100)/(1080000 × 4) = 10%.
SI = 432000. R = (432000 × 100)/(1080000 × 4) = 10%.
This question belongs to:
Maths
Simple Interest
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