The rate at which Rs. 1548000 amounts to Rs. 2012400 in 3 years is MCQ with Answer and Explanation

Question

Share Report Error

The rate at which Rs. 1548000 amounts to Rs. 2012400 in 3 years is

A. 12%

B. 8%

C. 9%

D. 10%

Answer: Option D

Solution (By JKExamLibrary)

SI = 464400. R = (464400 × 100)/(1548000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Simple Interest Questions

Question #1

A sum of Rs. 378000 amounts to Rs. 529200 in 4 years at simple interest. The rate is

A. 8%

B. 10%

C. 12%

D. 9%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = 151200. R = (151200 × 100)/(378000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

A sum of Rs. 4590000 amounts to Rs. 6426000 in 4 years at simple interest. The rate is

A. 9%

B. 12%

C. 8%

D. 10%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = 1836000. R = (1836000 × 100)/(4590000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3

A sum of Rs. 1350000 amounts to Rs. 1890000 in 4 years at simple interest. The rate is

A. 12%

B. 9%

C. 8%

D. 10%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = 540000. R = (540000 × 100)/(1350000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs