Rate for Rs. 42000 to Rs. 54600 in 3 years SI MCQ with Answer and Explanation

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Rate for Rs. 42000 to Rs. 54600 in 3 years SI

A. 8%

B. 12%

C. 9%

D. 10%

Answer: Option D

Solution (By JKExamLibrary)

SI = 12600. R = (12600 * 100)/(42000 * 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

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The interest on a sum of Rs. 2000 for 3 years at R% is Rs. 360. What is R?

A. 4

B. 6

C. 8

D. 5

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Correct Answer: Option B

Explanation:
R = (360 × 100)/(2000 × 3) = 6.

This question belongs to: Maths Simple Interest

Question #2

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Simple interest on Rs. 3519000 for 3 years at 83% per annum is

A. Rs. 8765770

B. Rs. 8765370

C. Rs. 8765170

D. Rs. 8765570

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Correct Answer: Option B

Explanation:
SI = (3519000 × 83 × 3)/100 = 8765370.

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Question #3

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The principal that gives Rs. 12693600 interest in 9 years at 33% SI is

A. Rs. 4279000

B. Rs. 4281000

C. Rs. 4278000

D. Rs. 4280000

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Correct Answer: Option D

Explanation:
P = (12693600 × 100)/(33 × 9) = 4280000.

This question belongs to: Maths Simple Interest

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