The rate at which Rs. 1953000 amounts to Rs. 2538900 in 3 years is MCQ with Answer and Explanation

Question Report Error

The rate at which Rs. 1953000 amounts to Rs. 2538900 in 3 years is

A. 9%

B. 12%

C. 10%

D. 8%

Answer: Option C

Solution (By JKExamLibrary)

SI = 585900. R = (585900 × 100)/(1953000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Discuss this Question (0)

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

Practice More Simple Interest Questions

Question #1 Report Error

Simple interest on Rs. 1377000 for 2 years at 38% per annum is

A. Rs. 1046920

B. Rs. 1046320

C. Rs. 1046520

D. Rs. 1046720

View Answer & Solution Discuss

Correct Answer: Option C

Explanation:
SI = (1377000 × 38 × 2)/100 = 1046520.

This question belongs to: Maths Simple Interest

Question #2 Report Error

The rate at which Rs. 3798000 amounts to Rs. 4937400 in 3 years is

A. 9%

B. 12%

C. 8%

D. 10%

View Answer & Solution Discuss

Correct Answer: Option D

Explanation:
SI = 1139400. R = (1139400 × 100)/(3798000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3 Report Error

The principal that gives Rs. 16128000 interest in 9 years at 37% SI is

A. Rs. 4836500

B. Rs. 4837500

C. Rs. 4835500

D. Rs. 4838500

View Answer & Solution Discuss

Correct Answer: Option B

Explanation:
P = (16128000 × 100)/(37 × 9) = 4837500.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs