The rate at which Rs. 558000 amounts to Rs. 725400 in 3 years is MCQ with Answer and Explanation

The rate at which Rs. 558000 amounts to Rs. 725400 in 3 years is
A. 12%
B. 9%
C. 8%
D. 10%
Answer: Option D
Solution (By JKExamLibrary)
SI = 167400. R = (167400 × 100)/(558000 × 3) = 10%.

This question belongs to: Maths Simple Interest

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Simple Interest Questions

Question #1 Report Error
The rate at which Rs. 4203000 amounts to Rs. 5463900 in 3 years is
A. 9%
B. 12%
C. 10%
D. 8%

Correct Answer: Option C


Explanation:
SI = 1260900. R = (1260900 × 100)/(4203000 × 3) = 10%.

This question belongs to: Maths Simple Interest
Question #2 Report Error
A sum of Rs. 1440000 amounts to Rs. 2016000 in 4 years at simple interest. The rate is
A. 9%
B. 8%
C. 12%
D. 10%

Correct Answer: Option D


Explanation:
SI = 576000. R = (576000 × 100)/(1440000 × 4) = 10%.

This question belongs to: Maths Simple Interest
Question #3 Report Error
A sum of Rs. 54000 amounts to Rs. 75600 in 5 years at simple interest. The rate is
A. 9%
B. 6%
C. 10%
D. 8%

Correct Answer: Option D


Explanation:
SI = 21600. R = (21600 × 100)/(54000 × 5) = 8%.

This question belongs to: Maths Simple Interest