The rate at which Rs. 468000 amounts to Rs. 608400 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 468000 amounts to Rs. 608400 in 3 years is

A. 9%

B. 10%

C. 8%

D. 12%

Answer: Option B

Solution (By JKExamLibrary)

SI = 140400. R = (140400 × 100)/(468000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1 Report Error

Rate if Rs. 45000 gives Rs. 13500 SI in 5 years

A. 5%

B. 8%

C. 7%

D. 6%

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Correct Answer: Option D

Explanation:
R = (13500 * 100)/(45000 * 5) = 6%.

This question belongs to: Maths Simple Interest

Question #2 Report Error

A sum of Rs. 1170000 amounts to Rs. 1638000 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 = 468000. R = (468000 × 100)/(1170000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #3 Report Error

A sum of Rs. 990000 amounts to Rs. 1386000 in 4 years at simple interest. The rate is

A. 12%

B. 9%

C. 10%

D. 8%

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Correct Answer: Option C

Explanation:
SI = 396000. R = (396000 × 100)/(990000 × 4) = 10%.

This question belongs to: Maths Simple Interest

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