The rate at which Rs. 4563000 amounts to Rs. 5931900 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 4563000 amounts to Rs. 5931900 in 3 years is

A. 10%

B. 8%

C. 9%

D. 12%

Answer: Option A

Solution (By JKExamLibrary)

SI = 1368900. R = (1368900 × 100)/(4563000 × 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. 747000 for 2 years at 24% per annum is

A. Rs. 358360

B. Rs. 358760

C. Rs. 358960

D. Rs. 358560

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Correct Answer: Option D

Explanation:
SI = (747000 × 24 × 2)/100 = 358560.

This question belongs to: Maths Simple Interest

Question #2 Report Error

Simple interest on Rs. 1944000 for 3 years at 48% per annum is

A. Rs. 2799760

B. Rs. 2799560

C. Rs. 2799360

D. Rs. 2799160

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Correct Answer: Option C

Explanation:
SI = (1944000 × 48 × 3)/100 = 2799360.

This question belongs to: Maths Simple Interest

Question #3 Report Error

Simple interest on Rs. 4194000 for 3 years at 98% per annum is

A. Rs. 12328560

B. Rs. 12328360

C. Rs. 12328760

D. Rs. 12328960

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Correct Answer: Option A

Explanation:
SI = (4194000 × 98 × 3)/100 = 12328560.

This question belongs to: Maths Simple Interest

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