A sum fetched a total simple interest of Rs. 4016.25 at the rate of 9 p.c.p.a. in 5 years. What is the sum?
Correct answer D. Rs. 8925
Tip: press A, B, C or D to answer, and N for the next question.
Advertisement
More Simple Interest questions
See allA sum doubles in 10 years at simple interest. Rs. 5,000 is invested at this rate, and after 4 years the rate is raised by 5% per annum. What is the amount at the end of 10 years?
Correct answer C. Rs. 11,500
Out of Rs. 30,000, one-third is invested at 6%, one-half at 8% and the rest at 10% per annum simple interest. What is the total yearly interest?
Correct answer C. Rs. 2,300
Advertisement
What is the simple interest on Rs. 18,250 at 8% per annum for 146 days?
Correct answer A. Rs. 584
When the simple interest rate on a deposit falls from 9% to 7.5% per annum, the depositor’s yearly income falls by Rs. 180. What is the deposit?
Correct answer B. Rs. 12,000
Discussion