होम Simple Interest

# Simple Interest

### A sum becomes its double in 10 years…

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A sum becomes its double in 10 years. Find the annual rate of simple interest. A. 8% B. 5% C. 10% D. 20% Answer: Option C Show Answer Solution(By Apex Team) Let Sum be Rs. x and Let S.I. = Rs. x Time = 10...

### A sum of Rs. 3000 yields an interest of Rs. 1080 at 12%..

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A sum of Rs. 3000 yields an interest of Rs. 1080 at 12% per annum simple interest in how many years ? A. 4 years B. 3 years C. 5 years D. $2 frac{1}{2}$ years Answer: Option B Show Answer Solution(By Apex Team) By...

### Alipta got some amount of money from her father..

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Alipta got some amount of money from her father. In how many years will the ratio of the money and the interest obtained from it be 10 : 3 at 6% simple interest per annum ? A. 7...

### If a sum of money double itself in 8 years..

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If a sum of money double itself in 8 years, then the interest rate in percentage is ? A. $8 frac{1}{2} %$ B. $10 %$ C. $10 frac{1}{2} %$ D. $12 frac{1}{2} %$ Answer: Option D Show Answer Solution(By Apex Team) Money is double...

### The simple interest on a certain sum of money…

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The simple interest on a certain sum of money at the rate of 5% per annum for 8 years is Rs. 840. Rate of interest for which the same amount of interest can be received on the...

### Find the amount to be received after 2 years..

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Find the amount to be received after 2 years 6 months at the rate of 5% p.a. of simple interest on a sum of Rs. 3200. A. Rs. 3800 B. Rs. 3500 C. Rs. 3600 D. Rs. 3900 Answer: Option C Show...

### A man invested 1/3 of his capital at 7%

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A man invested 1/3 of his capital at 7%, 1/4 at 8% and the remainder at 10%. If his annual income is Rs. 561, the capital is? A. Rs. 5400 B. Rs. 6000 C. Rs. 6600 D. Rs. 7200 Answer: Option C...

### The average weight of 45 students in a class is 52...

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The average weight of 45 students in a class is 52 kg. Five of them whose average weight is 48 kg...