The rate at which Rs. 873000 amounts to Rs. 1134900 in 3 years is MCQ with Answer and Explanation

Question Report Error

The rate at which Rs. 873000 amounts to Rs. 1134900 in 3 years is

A. 8%

B. 9%

C. 10%

D. 12%

Answer: Option C

Solution (By JKExamLibrary)

SI = 261900. R = (261900 × 100)/(873000 × 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

Rate for Rs. 70000 to Rs. 91000 in 3 years SI

A. 12%

B. 8%

C. 9%

D. 10%

View Answer & Solution Discuss

Correct Answer: Option D

Explanation:
SI = 21000. R = (21000 * 100)/(70000 * 3) = 10%.

This question belongs to: Maths Simple Interest

Question #2 Report Error

The principal that gives Rs. 100800 interest in 7 years at 8% SI is

A. Rs. 179000

B. Rs. 181000

C. Rs. 178000

D. Rs. 180000

View Answer & Solution Discuss

Correct Answer: Option D

Explanation:
P = (100800 × 100)/(8 × 7) = 180000.

This question belongs to: Maths Simple Interest

Question #3 Report Error

Simple interest on Rs. 1404000 for 3 years at 36% per annum is

A. Rs. 1516520

B. Rs. 1516320

C. Rs. 1516120

D. Rs. 1516720

View Answer & Solution Discuss

Correct Answer: Option B

Explanation:
SI = (1404000 × 36 × 3)/100 = 1516320.

This question belongs to: Maths Simple Interest

Explore All Simple Interest MCQs