The rate at which Rs. 522000 amounts to Rs. 678600 in 3 years is MCQ with Answer and Explanation

The rate at which Rs. 522000 amounts to Rs. 678600 in 3 years is
A. 12%
B. 10%
C. 8%
D. 9%
Answer: Option B
Solution (By JKExamLibrary)
SI = 156600. R = (156600 × 100)/(522000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Practice More Simple Interest Questions

Question #1 Report Error
The principal that gives Rs. 113400 interest in 9 years at 7% SI is
A. Rs. 181000
B. Rs. 180000
C. Rs. 178000
D. Rs. 179000

Correct Answer: Option B


Explanation:
P = (113400 × 100)/(7 × 9) = 180000.

This question belongs to: Maths Simple Interest
Question #2 Report Error
A sum of Rs. 3195000 amounts to Rs. 4473000 in 4 years at simple interest. The rate is
A. 9%
B. 12%
C. 8%
D. 10%

Correct Answer: Option D


Explanation:
SI = 1278000. R = (1278000 × 100)/(3195000 × 4) = 10%.

This question belongs to: Maths Simple Interest
Question #3 Report Error
The rate of interest at which Rs. 6000 gives Rs. 1200 interest in 4 years is
A. 6%
B. 5%
C. 4%
D. 8%

Correct Answer: Option B


Explanation:
R = (1200 × 100)/(6000 × 4) = 5%.

This question belongs to: Maths Simple Interest