Rate for Rs. 329000 to Rs. 427700 in 3 years SI MCQ with Answer and Explanation

Rate for Rs. 329000 to Rs. 427700 in 3 years SI

A. 10%

B. 12%

C. 8%

D. 9%

Answer: Option A

SI = 98700. R = (98700 * 100)/(329000 * 3) = 10%.

This question belongs to: Maths Simple Interest

No comments yet. Be the first to start the discussion!

Question #1 Report Error

A sum of Rs. 3690000 amounts to Rs. 5166000 in 4 years at simple interest. The rate is

A. 8%

B. 12%

C. 10%

D. 9%

Correct Answer: Option C

Explanation:
SI = 1476000. R = (1476000 × 100)/(3690000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2 Report Error

Simple interest on Rs. 3267000 for 2 years at 80% per annum is

A. Rs. 5227400

B. Rs. 5227200

C. Rs. 5227000

D. Rs. 5227600

Correct Answer: Option B

Explanation:
SI = (3267000 × 80 × 2)/100 = 5227200.

This question belongs to: Maths Simple Interest

Question #3 Report Error

In how many years will Rs. 4446000 amount to Rs. 6224400 at 8% simple interest?

A. 7 years

B. 4 years

C. 6 years

D. 5 years

Correct Answer: Option D

Explanation:
SI = 1778400. T = (1778400 × 100)/(4446000 × 8) = 5 years.

This question belongs to: Maths Simple Interest