Rate for Rs. 49000 to become Rs. 63700 in 3 years SI MCQ with Answer and Explanation

Rate for Rs. 49000 to become Rs. 63700 in 3 years SI
A. 9%
B. 8%
C. 12%
D. 10%
Answer: Option D
Solution (By JKExamLibrary)
SI = 14700. R = (14700 * 100)/(49000 * 3) = 10%.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error
A sum of Rs. 2115000 amounts to Rs. 2961000 in 4 years at simple interest. The rate is
A. 9%
B. 10%
C. 8%
D. 12%

Correct Answer: Option B


Explanation:
SI = 846000. R = (846000 × 100)/(2115000 × 4) = 10%.

This question belongs to: Maths Simple Interest
Question #2 Report Error
The rate at which Rs. 1458000 amounts to Rs. 1895400 in 3 years is
A. 12%
B. 9%
C. 10%
D. 8%

Correct Answer: Option C


Explanation:
SI = 437400. R = (437400 × 100)/(1458000 × 3) = 10%.

This question belongs to: Maths Simple Interest
Question #3 Report Error
Simple interest on Rs. 189000 for 2 years at 11% per annum is
A. Rs. 41780
B. Rs. 41980
C. Rs. 41580
D. Rs. 41380

Correct Answer: Option C


Explanation:
SI = (189000 × 11 × 2)/100 = 41580.

This question belongs to: Maths Simple Interest