Simple interest on Rs. 2529000 for 3 years at 61% per annum is MCQ with Answer and Explanation
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Question #1
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The rate at which Rs. 378000 amounts to Rs. 491400 in 3 years is
Correct Answer: Option C
Explanation:
SI = 113400. R = (113400 × 100)/(378000 × 3) = 10%.
SI = 113400. R = (113400 × 100)/(378000 × 3) = 10%.
This question belongs to:
Maths
Simple Interest
Question #2
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In how many years will Rs. 603000 amount to Rs. 844200 at 8% simple interest?
Correct Answer: Option B
Explanation:
SI = 241200. T = (241200 × 100)/(603000 × 8) = 5 years.
SI = 241200. T = (241200 × 100)/(603000 × 8) = 5 years.
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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