The rate at which Rs. 783000 amounts to Rs. 1017900 in 3 years is MCQ with Answer and Explanation

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The rate at which Rs. 783000 amounts to Rs. 1017900 in 3 years is

A. 10%

B. 8%

C. 9%

D. 12%

Answer: Option A

Solution (By JKExamLibrary)

SI = 234900. R = (234900 × 100)/(783000 × 3) = 10%.

This question belongs to: Maths Simple Interest

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Question #1

A sum of Rs. 198000 amounts to Rs. 277200 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 = 79200. R = (79200 × 100)/(198000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2

Simple interest on Rs. 1647000 for 2 years at 44% per annum is

A. Rs. 1449560

B. Rs. 1449360

C. Rs. 1449160

D. Rs. 1449760

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Correct Answer: Option B

Explanation:
SI = (1647000 × 44 × 2)/100 = 1449360.

This question belongs to: Maths Simple Interest

Question #3

Rate when Rs. 455000 amounts to Rs. 591500 in 3 years

A. 12%

B. 8%

C. 10%

D. 9%

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Correct Answer: Option C

Explanation:
SI = 136500. R = (136500 * 100)/(455000 * 3) = 10%.

This question belongs to: Maths Simple Interest

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