The rate at which Rs. 3483000 amounts to Rs. 4527900 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 3483000 amounts to Rs. 4527900 in 3 years is

A. 9%

B. 10%

C. 12%

D. 8%

Answer: Option B

Solution (By JKExamLibrary)

SI = 1044900. R = (1044900 × 100)/(3483000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error

Simple interest on Rs. 144000 for 2 years at 9% per annum is

A. Rs. 26120

B. Rs. 26320

C. Rs. 25720

D. Rs. 25920

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Correct Answer: Option D

Explanation:
SI = (144000 × 9 × 2)/100 = 25920.

This question belongs to: Maths Simple Interest

Question #2 Report Error

A sum of Rs. 3825000 amounts to Rs. 5355000 in 4 years at simple interest. The rate is

A. 10%

B. 9%

C. 8%

D. 12%

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Correct Answer: Option A

Explanation:
SI = 1530000. R = (1530000 × 100)/(3825000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3 Report Error

Simple interest on Rs. 3177000 for 2 years at 78% per annum is

A. Rs. 4955920

B. Rs. 4956520

C. Rs. 4956320

D. Rs. 4956120

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Correct Answer: Option D

Explanation:
SI = (3177000 × 78 × 2)/100 = 4956120.

This question belongs to: Maths Simple Interest

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