The rate at which Rs. 1458000 amounts to Rs. 1895400 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 1458000 amounts to Rs. 1895400 in 3 years is

A. 10%

B. 9%

C. 12%

D. 8%

Answer: Option A

Solution (By JKExamLibrary)

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

This question belongs to: Maths Simple Interest

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Question #1

In how many years will Rs. 1656000 amount to Rs. 2318400 at 8% simple interest?

A. 7 years

B. 6 years

C. 4 years

D. 5 years

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Correct Answer: Option D

Explanation:
SI = 662400. T = (662400 × 100)/(1656000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2

A sum at 10% SI for 4 years amounts to Rs. 168000. Principal

A. Rs. 111000

B. Rs. 113000

C. Rs. 110000

D. Rs. 112000

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Correct Answer: Option D

Explanation:
SI = 56000. P = 168000 - 56000 = 112000.

This question belongs to: Maths Simple Interest

Question #3

The rate at which Rs. 3168000 amounts to Rs. 4118400 in 3 years is

A. 10%

B. 9%

C. 12%

D. 8%

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Correct Answer: Option A

Explanation:
SI = 950400. R = (950400 × 100)/(3168000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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