The rate at which Rs. 4428000 amounts to Rs. 5756400 in 3 years is MCQ with Answer and Explanation

The rate at which Rs. 4428000 amounts to Rs. 5756400 in 3 years is
A. 9%
B. 10%
C. 12%
D. 8%
Answer: Option B
Solution (By JKExamLibrary)
SI = 1328400. R = (1328400 × 100)/(4428000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error
In how many years will Rs. 3276000 amount to Rs. 4586400 at 8% simple interest?
A. 4 years
B. 5 years
C. 7 years
D. 6 years

Correct Answer: Option B


Explanation:
SI = 1310400. T = (1310400 × 100)/(3276000 × 8) = 5 years.

This question belongs to: Maths Simple Interest
Question #2 Report Error
A sum becomes Rs. 25200 after 3 years and Rs. 28000 after 5 years at simple interest. The principal is
A. Rs. 22400
B. Rs. 18200
C. Rs. 21000
D. Rs. 19600

Correct Answer: Option D


Explanation:
Difference for 2 years = 2800. SI per year = 1400. SI for 3 years = 4200. Principal = 25200 - 4200 = 21000.

This question belongs to: Maths Simple Interest
Question #3 Report Error
A sum of Rs. 4410000 amounts to Rs. 6174000 in 4 years at simple interest. The rate is
A. 8%
B. 9%
C. 12%
D. 10%

Correct Answer: Option D


Explanation:
SI = 1764000. R = (1764000 × 100)/(4410000 × 4) = 10%.

This question belongs to: Maths Simple Interest