Page-3 of Simple Interest

In what time will 1860 Rs. amount to 2641.20 at simple interest 12% per annum ?

In what time will 1860 Rs. amount to 2641.20 at simple interest 12% per annum ? [A]3 years [B]3.5 years [C]4 years [D]4.5 years Show Answer 3.5 years SI = 2641.20 – 1860 = 781.2 Rs. Hence option [B] is correct answer.

Manoj deposited 29400 Rs. for 6 years at a simple interest. He got 4200 Rs. as interest after 6 years. The annual rate of interest was :

Manoj deposited 29400 Rs. for 6 years at a simple interest. He got 4200 Rs. as interest after 6 years. The annual rate of interest was : [A] [B] [C] [D] Show Answer Hence option [A] is correct answer.

A person borrows 5000 Rs. For 2 years at 4% per annum simple interest. He immediately lends it to another person at $latex 6\frac{1}{4}\%&s=1$ per annum simple interest for 2 years. His gain in this transaction is :

A person borrows 5000 Rs. For 2 years at 4% per annum simple interest. He immediately lends it to another person at per annum simple interest for 2 years. His gain in this transaction is : [A]112.50 Rs. [B]150 Rs. [C]225 Rs. [D]450 Rs. Show Answer 225 Rs. Case: I Case: II ∴ Gain = ..

A sum of money amounts to 5200 Rs. in 5 years and to 5680 Rs. in 7 years at simple interest. The rate of interest per annum is :

A sum of money amounts to 5200 Rs. in 5 years and to 5680 Rs. in 7 years at simple interest. The rate of interest per annum is : [A]3% [B]4% [C]5% [D]6% Show Answer 6% P + SI for 5 years = 5200…………(I) P + SI for 7 years = 5680…………(II) On subtracting equation ..

Aptitude Question ID: 105872

In what time will 72 Rs. become 81 Rs. at per annum simple interest? [A]2 years [B]2.5 years8 [C]3 years [D]3.5 years Show Answer 2 years Interest = (81 – 72) = 9 Rs. Let the time be t years. Then, Hence option [A] is correct answer.

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