The rate at which Rs. 3753000 amounts to Rs. 4878900 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 3753000 amounts to Rs. 4878900 in 3 years is

A. 8%

B. 10%

C. 9%

D. 12%

Answer: Option B

Solution (By JKExamLibrary)

SI = 1125900. R = (1125900 × 100)/(3753000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error

A sum amounts to Rs. 155520 in 6 years at 8% SI. Principal

A. Rs. 108000

B. Rs. 106000

C. Rs. 109000

D. Rs. 107000

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Correct Answer: Option A

Explanation:
SI = 47520. P = 155520 - 47520 = 108000.

This question belongs to: Maths Simple Interest

Question #2 Report Error

A sum of Rs. 2655000 amounts to Rs. 3717000 in 4 years at simple interest. The rate is

A. 10%

B. 12%

C. 9%

D. 8%

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Correct Answer: Option A

Explanation:
SI = 1062000. R = (1062000 × 100)/(2655000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3 Report Error

A sum of Rs. 1530000 amounts to Rs. 2142000 in 4 years at simple interest. The rate is

A. 12%

B. 9%

C. 8%

D. 10%

View Answer & Solution Discuss

Correct Answer: Option D

Explanation:
SI = 612000. R = (612000 × 100)/(1530000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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