The rate at which Rs. 144000 amounts to Rs. 187200 in 3 years is MCQ with Answer and Explanation

Question Report Error

The rate at which Rs. 144000 amounts to Rs. 187200 in 3 years is

A. 8%

B. 9%

C. 10%

D. 12%

Answer: Option C

Solution (By JKExamLibrary)

SI = 43200. R = (43200 × 100)/(144000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error

Simple interest on Rs. 3627000 for 2 years at 88% per annum is

A. Rs. 6385720

B. Rs. 6386320

C. Rs. 6385920

D. Rs. 6386120

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Correct Answer: Option C

Explanation:
SI = (3627000 × 88 × 2)/100 = 6385920.

This question belongs to: Maths Simple Interest

Question #2 Report Error

In how many years will Rs. 3006000 amount to Rs. 4208400 at 8% simple interest?

A. 7 years

B. 4 years

C. 6 years

D. 5 years

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Correct Answer: Option D

Explanation:
SI = 1202400. T = (1202400 × 100)/(3006000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #3 Report Error

Simple interest on Rs. 756000 for 3 years at 24% per annum is

A. Rs. 544720

B. Rs. 544120

C. Rs. 544520

D. Rs. 544320

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Correct Answer: Option D

Explanation:
SI = (756000 × 24 × 3)/100 = 544320.

This question belongs to: Maths Simple Interest

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