The rate at which Rs. 4068000 amounts to Rs. 5288400 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 4068000 amounts to Rs. 5288400 in 3 years is

A. 8%

B. 12%

C. 9%

D. 10%

Answer: Option D

Solution (By JKExamLibrary)

SI = 1220400. R = (1220400 × 100)/(4068000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

A sum at 6% SI for 8 years amounts to Rs. 201600. Principal

A. Rs. 125000

B. Rs. 126000

C. Rs. 124000

D. Rs. 127000

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Correct Answer: Option B

Explanation:
SI = 75600. P = 201600 - 75600 = 126000.

This question belongs to: Maths Simple Interest

Question #2

The rate at which Rs. 2493000 amounts to Rs. 3240900 in 3 years is

A. 12%

B. 9%

C. 10%

D. 8%

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Correct Answer: Option C

Explanation:
SI = 747900. R = (747900 × 100)/(2493000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

The rate at which Rs. 1728000 amounts to Rs. 2246400 in 3 years is

A. 10%

B. 8%

C. 12%

D. 9%

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Correct Answer: Option A

Explanation:
SI = 518400. R = (518400 × 100)/(1728000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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