The rate at which Rs. 1638000 amounts to Rs. 2129400 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 1638000 amounts to Rs. 2129400 in 3 years is

A. 9%

B. 8%

C. 12%

D. 10%

Answer: Option D

Solution (By JKExamLibrary)

SI = 491400. R = (491400 × 100)/(1638000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error

In how many years will Rs. 4446000 amount to Rs. 6224400 at 8% simple interest?

A. 5 years

B. 7 years

C. 4 years

D. 6 years

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Correct Answer: Option A

Explanation:
SI = 1778400. T = (1778400 × 100)/(4446000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

Question #2 Report Error

The principal for Rs. 20160 interest in 8 years at 6%

A. Rs. 40000

B. Rs. 42000

C. Rs. 43000

D. Rs. 41000

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Correct Answer: Option B

Explanation:
P = (20160 * 100)/(6 * 8) = 42000.

This question belongs to: Maths Simple Interest

Question #3 Report Error

The principal that gives Rs. 10454400 interest in 9 years at 29% SI is

A. Rs. 3998000

B. Rs. 4001000

C. Rs. 4000000

D. Rs. 3999000

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Correct Answer: Option C

Explanation:
P = (10454400 × 100)/(29 × 9) = 4000000.

This question belongs to: Maths Simple Interest

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