The rate at which Rs. 4473000 amounts to Rs. 5814900 in 3 years is MCQ with Answer and Explanation

Question Report Error

The rate at which Rs. 4473000 amounts to Rs. 5814900 in 3 years is

A. 12%

B. 10%

C. 8%

D. 9%

Answer: Option B

Solution (By JKExamLibrary)

SI = 1341900. R = (1341900 × 100)/(4473000 × 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. 108000 for 4 years at 6% per annum is

A. Rs. 26320

B. Rs. 26120

C. Rs. 25920

D. Rs. 25720

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Correct Answer: Option C

Explanation:
SI = (108000 × 6 × 4)/100 = 25920.

This question belongs to: Maths Simple Interest

Question #2 Report Error

A sum of Rs. 135000 amounts to Rs. 189000 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 = 54000. R = (54000 × 100)/(135000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3 Report Error

The principal on which SI for 5 years at 7% is Rs. 12250 is

A. Rs. 35000

B. Rs. 34000

C. Rs. 33000

D. Rs. 36000

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Correct Answer: Option A

Explanation:
P = (12250 * 100)/(7 * 5) = 35000.

This question belongs to: Maths Simple Interest

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