The rate at which Rs. 4338000 amounts to Rs. 5640000 approx in 3 years is adjusted to exact 10% MCQ with Answer and Explanation

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The rate at which Rs. 4338000 amounts to Rs. 5640000 approx in 3 years is adjusted to exact 10%

A. 10%

B. 8%

C. 9%

D. 12%

Answer: Option A

Solution (By JKExamLibrary)

SI = 1301400 approx, R = 10%.

This question belongs to: Maths Simple Interest

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Question #1

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The rate at which Rs. 1503000 amounts to Rs. 1953900 in 3 years is

A. 8%

B. 9%

C. 12%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 450900. R = (450900 × 100)/(1503000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2

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In how many years will Rs. 981000 amount to Rs. 1373400 at 8% simple interest?

A. 4 years

B. 5 years

C. 7 years

D. 6 years

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Correct Answer: Option B

Explanation:
SI = 392400. T = (392400 × 100)/(981000 × 8) = 5 years.

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Question #3

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A sum of Rs. 198000 amounts to Rs. 277200 in 4 years at simple interest. The rate is

A. 12%

B. 8%

C. 9%

D. 10%

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Correct Answer: Option D

Explanation:
SI = 79200. R = (79200 × 100)/(198000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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