A certain sum of money amount to Rs 2200 at 5%

A certain sum of money amount to Rs 2200 at 5% interest Rs 2320 at 8% interest in the same period of time. The period of time is ? A.…

Tushar borrowed a sum of Rs. 12000 at 15%..

Tushar borrowed a sum of Rs. 12000 at 15% per annum from a money - lender on 13th January, 1987 and return the amount on 8th June, 1987 to clear…

A sum of money placed at compound interest…

A sum of money placed at compound interest doubles itself in 4 years. In how many years will it amount to 8 times? A. 9 years B. 8 years C.…

A sum becomes 4 times at simple interest in 10 years.

A sum becomes 4 times at simple interest in 10 years. What is the rate of interest? A. 10% B. 20% C. 30% D. 40% Answer: Option C Show Answer…

Raju lent Rs. 400 to Ajay for 2 years..

Raju lent Rs. 400 to Ajay for 2 years and Rs. 100 to Manoj for 4 years and received together from both Rs. 60 as interest. Find the rate of…

In what time will the simple interest on Rs. 1750..

In what time will the simple interest on Rs. 1750 at 9% per annum be the same as that on Rs. 2500 at 10.5% per annum in 4 years? A.…

The difference between simple and compound interest

The difference between simple and compound interest on a sum of money at 20% per annum for 3 years is Rs. 48. What is the sum? A. Rs. 550 B.…

A sum was invested at simple interest…

A sum was invested at simple interest at a certain interest for 2 years. It would have fetched Rs. 60 more had it been invested at 2% higher rate. What…

What is the difference between the simple interest..

What is the difference between the simple interest on a principal of Rs. 500 being calculated at 5% per annum for 3 years and 4% per annum for 4 years?…

Find the rate of interest if the amount after 2 years of simple interest..

Find the rate of interest if the amount after 2 years of simple interest on a capital of Rs. 1200 is Rs. 1440. A. 8% B. 9% C. 10% D.…