The rate at which Rs. 3348000 amounts to Rs. 4352400 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 3348000 amounts to Rs. 4352400 in 3 years is

A. 12%

B. 8%

C. 9%

D. 10%

Answer: Option D

Solution (By JKExamLibrary)

SI = 1004400. R = (1004400 × 100)/(3348000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error

Principal for Rs. 470400 interest in 8 years at 11%

A. Rs. 535000

B. Rs. 534000

C. Rs. 536000

D. Rs. 533000

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Correct Answer: Option A

Explanation:
P = (470400 * 100)/(11 * 8) = 535000 approx adjusted.

This question belongs to: Maths Simple Interest

Question #2 Report Error

The principal that gives Rs. 21202 interest in 7 years at 8% SI is

A. Rs. 38662

B. Rs. 37362

C. Rs. 36862

D. Rs. 37862

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Correct Answer: Option D

Explanation:
P = (21202 * 100)/(8 * 7) = 37862.

This question belongs to: Maths Simple Interest

Question #3 Report Error

The rate at which Rs. 4293000 amounts to Rs. 5580900 in 3 years is

A. 9%

B. 8%

C. 12%

D. 10%

View Answer & Solution Discuss

Correct Answer: Option D

Explanation:
SI = 1287900. R = (1287900 × 100)/(4293000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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