Time for Rs. 364000 at 10% to amount Rs. 509600 MCQ with Answer and Explanation

Time for Rs. 364000 at 10% to amount Rs. 509600

A. 5 years

B. 6 years

C. 4 years

D. 3 years

Answer: Option C

SI = 145600. T = (145600 * 100)/(364000 * 10) = 4 years.

This question belongs to: Maths Simple Interest

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Question #1 Report Error

A sum of Rs. 1890000 amounts to Rs. 2646000 in 4 years at simple interest. The rate is

A. 8%

B. 10%

C. 9%

D. 12%

Correct Answer: Option B

Explanation:
SI = 756000. R = (756000 × 100)/(1890000 × 4) = 10%.

This question belongs to: Maths Simple Interest

Question #2 Report Error

Simple interest on Rs. 2259000 for 3 years at 55% per annum is

A. Rs. 3727150

B. Rs. 3727750

C. Rs. 3727350

D. Rs. 3727550

Correct Answer: Option C

Explanation:
SI = (2259000 × 55 × 3)/100 = 3727350.

This question belongs to: Maths Simple Interest

Question #3 Report Error

The rate at which Rs. 4518000 amounts to Rs. 5873400 in 3 years is

A. 8%

B. 10%

C. 9%

D. 12%

Correct Answer: Option B

Explanation:
SI = 1355400. R = (1355400 × 100)/(4518000 × 3) = 10%.

This question belongs to: Maths Simple Interest