Simple Interest

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…

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…

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…

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.…

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…

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.…

A man invested $\frac{1}{3}$ of his capital at 7%, $\frac{1}{4}$ at 8% and the remainder at 10%. If his annual income is Rs. 561, the capital is? A. Rs. 5400…

A person invests money in three different schemes for 6 years, 10 years and 12 years at 10 percent, 12 percent and 15 percent simple interest respectively. At the completion…

If the simple interest on Rs. 1 for 1 month is 1 paisa, then the rate percent per annum will be ? A. 10% B. 8% C. 12% D. 6%…

On a certain sum the simple interest for $12 \frac{1}{2}$ year is $\frac{3}{4}$ of the sum. Then the rate of interest is? A. 5% per year B. 6% per year…