a) 20 years b) 30 years c) 10 years d) 22 years Answer: a Explanation: $$\eqalign{ ...
View QuestionAt which sum the simple interest at the rate of 3(3/4) % per annum will be Rs. 210 in 2(1/3) years?
At which sum the simple interest at the rate of $$3\frac{3}{4}$$ % per annum will be Rs. ...
View QuestionVeena obtained an amount of Rs. 8376 as simple interest on a certain amount at 8 p.c.p.a. after 6 years. what is the amount invested by veena?
a) Rs. 16660 b) Rs. 17180 c) Rs. 17450 d) Rs. 18110 Answer: c Explanation: $$\eqalign{ & {\text{S}}{\text{.I}}{\text{.}} ...
View QuestionKruti took a loan at simple interest rate of 6 p.c.p.a. in the first year and it increased by 1.5 p.c.p.a. every year. If she pays Rs. 8190 as interest at the end of 3 years, what was her loan amount ?
a) Rs. 35400 b) Rs. 36000 c) Rs. 36800 d) Rs. 36400 Answer: d Explanation: ...
View QuestionArun borrowed a sum of money from Jayant at the rate of 8% per annum simple interest for the first four years, 10% per annum for the next 6 years and 12% per annum for the period beyond 10 years. If he pays a total of Rs. 12160 as interest only at the end of 15 years, how much money did he borrow?.
a) Rs. 8000 b) Rs. 9000 c) Rs. 10000 d) Rs. 12000 Answer: a Explanation: $$\eqalign{ & ...
View QuestionIf x, y, z are three sums of money such that y is the simple interest on x, z is the simple interest on y for the same time and at the same rate of interest, then we have.
a) x2 = yz b) y2 = xz c) z2 = xy d) xyz = 1 Answer: b Explanation: ...
View QuestionWith a given rate of simple interest, the ratio of principal and amount for a certain period of time is 4 : 5. After 3 years with the same rate of interest, the ratio of the principal and amount becomes 5 : 7. The rate of interest is =
a) 4% b) 6% c) 5% d) 7% Answer: c Explanation: $$\eqalign{ ...
View QuestionSimple interest on Rs. 500 for 4 years at 6.25% per annum is equal to the simple interest on Rs. 400 at 5% per annum for a certain period of time. The period of time is =
a) 4 years b) 5 years c) $$6\frac{1}{4}$$ years d) $$8\frac{2}{3}$$ years Answer: c Explanation: ...
View QuestionIf a certain sum of money becomes doubles at simple interest in 12 years, what would be the rate of interest per annum?
a) 10 b) 14 c) $$8\frac{1}{3}$$ d) 12 Answer: c Explanation: Principal, P = Rs. 100; Amount, A = Rs. ...
View QuestionFind the compound interest on Rs. 1000 at the rate of 20% per annum for 18 month when interest is compounded half yearly.
a) Rs. 1331 b) Rs. 331 c) Rs. 325 d) Rs. 320 Answer: b Explanation: $$\eqalign{ & {\text{Given,}}\,{\text{Principal}},\,P ...
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