The rate at which Rs. 2448000 amounts to Rs. 3182400 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 2448000 amounts to Rs. 3182400 in 3 years is

A. 12%

B. 10%

C. 9%

D. 8%

Answer: Option B

Solution (By JKExamLibrary)

SI = 734400. R = (734400 × 100)/(2448000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1 Report Error

SI on Rs. 269500 for 2 years at 21%

A. Rs. 113390

B. Rs. 112990

C. Rs. 113590

D. Rs. 113190

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Correct Answer: Option D

Explanation:
SI = (269500 * 21 * 2)/100 = 113190.

This question belongs to: Maths Simple Interest

Question #2 Report Error

The principal on which SI for 5 years at 7% is Rs. 12250 is

A. Rs. 34000

B. Rs. 35000

C. Rs. 33000

D. Rs. 36000

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Correct Answer: Option B

Explanation:
P = (12250 * 100)/(7 * 5) = 35000.

This question belongs to: Maths Simple Interest

Question #3 Report Error

In how many years will Rs. 927000 amount to Rs. 1297800 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 = 370800. T = (370800 × 100)/(927000 × 8) = 5 years.

This question belongs to: Maths Simple Interest

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