A sum was put at simple interest at a certain rate for 3 years. Had it been put at 2% higher rate, it would have fetched Rs 360 more. Find the sum.
A. Rs.4000
B. Rs.9000
C. Rs.5000
D. Rs.6000
interest Mcqs · Easy · 3 weeks ago
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interest Mcqs
A sum of money amounts to Rs. 9800 after 5 years and Rs. 12005 after 8 years at the same rate of simple interest. The rate of interest per annum is:
A. 5%
B. 8%
C. 12%
D. 15%
interest Mcqs · Easy · 3 weeks ago
A sum of Rs. 2500 amounts to Rs. 3875 in 4 years at the rate of simple interest. What is the rate of interest?
A. 12.25%
B. 12%
C. 6%
D. 13.75%
interest Mcqs · Easy · 3 weeks ago
A sum of money becomes 7⁄5 of itself in 4 years at a certain rate of simple interest. The rate per annum is :
A. 9%
B. 10%
C. 11%
D. 12%
interest Mcqs · Easy · 3 weeks ago
If there is a total of 104 weekly instalments and a third deposit, find the interest charged
A. 237.55
B. 337
C. 443
D. 334
interest Mcqs · Easy · 3 weeks ago
What annual installment will discharge a debt of Rs 1092 due in 3 years at 12% simple interest?
A. Rs.325
B. Rs.545
C. Rs.560
D. Rs.550
interest Mcqs · Easy · 3 weeks ago
If the simple interest on a certain sum of money after 3 1⁄8 years is 1⁄4 of the principal, what is the rate of interest per annum?
A. 6%
B. 4%
C. 8%
D. 12%
interest Mcqs · Easy · 3 weeks ago
How much time will it take for an amount of Rs. 900 to yield Rs. 81 as interest at 4.5% per annum of simple interest?
A. 2 years
B. 3 years
C. 1 year
D. 4 years
interest Mcqs · Easy · 3 weeks ago
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