The rate at which Rs. 3213000 amounts to Rs. 4176900 in 3 years is MCQ with Answer and Explanation

The rate at which Rs. 3213000 amounts to Rs. 4176900 in 3 years is
A. 12%
B. 10%
C. 9%
D. 8%
Answer: Option B
Solution (By JKExamLibrary)
SI = 963900. R = (963900 × 100)/(3213000 × 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
The rate at which Rs. 540000 amounts to Rs. 702000 in 3 years is
A. 9%
B. 10%
C. 12%
D. 8%

Correct Answer: Option B


Explanation:
SI = 162000. R = (162000 × 100)/(540000 × 3) = 10%.

This question belongs to: Maths Simple Interest
Question #2 Report Error
Years for Rs. 56000 at 5% to give Rs. 16800 interest
A. 4 years
B. 5 years
C. 7 years
D. 6 years

Correct Answer: Option D


Explanation:
T = (16800 * 100)/(56000 * 5) = 6 years.

This question belongs to: Maths Simple Interest
Question #3 Report Error
The principal that gives Rs. 63000 interest in 7 years at 9% SI is
A. Rs. 100000
B. Rs. 98000
C. Rs. 99000
D. Rs. 101000

Correct Answer: Option A


Explanation:
P = (63000 × 100)/(9 × 7) = 100000.

This question belongs to: Maths Simple Interest