The rate at which Rs. 603000 amounts to Rs. 783900 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 603000 amounts to Rs. 783900 in 3 years is

A. 10%

B. 8%

C. 9%

D. 12%

Answer: Option A

Solution (By JKExamLibrary)

SI = 180900. R = (180900 × 100)/(603000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

Simple interest on Rs. 2889000 for 3 years at 69% per annum is

A. Rs. 5981830

B. Rs. 5982430

C. Rs. 5982030

D. Rs. 5982230

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Correct Answer: Option C

Explanation:
SI = (2889000 × 69 × 3)/100 = 5982030.

This question belongs to: Maths Simple Interest

Question #2

Rate for Rs. 413000 to Rs. 536900 in 3 years SI

A. 12%

B. 8%

C. 10%

D. 9%

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Correct Answer: Option C

Explanation:
SI = 123900. R = (123900 * 100)/(413000 * 3) = 10%.

This question belongs to: Maths Simple Interest

Question #3

The principal that gives Rs. 14688000 interest in 8 years at 43% SI is

A. Rs. 4276000

B. Rs. 4275000

C. Rs. 4273000

D. Rs. 4274000

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Correct Answer: Option B

Explanation:
P = (14688000 × 100)/(43 × 8) = 4275000.

This question belongs to: Maths Simple Interest

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