The rate at which Rs. 2763000 amounts to Rs. 3591900 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 2763000 amounts to Rs. 3591900 in 3 years is

A. 8%

B. 12%

C. 9%

D. 10%

Answer: Option D

Solution (By JKExamLibrary)

SI = 828900. R = (828900 × 100)/(2763000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

The rate at which Rs. 3888000 amounts to Rs. 5054400 in 3 years is

A. 9%

B. 12%

C. 8%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 1166400. R = (1166400 × 100)/(3888000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

The principal that gives Rs. 1209600 interest in 8 years at 14% SI is

A. Rs. 1080000

B. Rs. 1078000

C. Rs. 1079000

D. Rs. 1081000

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Correct Answer: Option A

Explanation:
P = (1209600 × 100)/(14 × 8) = 1080000.

This question belongs to: Maths Simple Interest

Question #3

A sum of Rs. 585000 amounts to Rs. 819000 in 4 years at simple interest. The rate is

A. 12%

B. 8%

C. 9%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 234000. R = (234000 × 100)/(585000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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