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Asked: 2 years agoIn: Interest

At what rate percent per annum simple interest will a sum double itself in 10 years?

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a) 8% b) 10% c) 12% d) 12 ½% correct answer is: b) 10% Explanation Here ‘a sum’ means ‘principal’.Let,Principal Rate %Time years.So, according the question,Simple Interest [put the value] [cross multiply] Rate percent per annum ...

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Asked: 2 years agoIn: Interest

In what time will ₹ 8000 amount to ₹ 8360 at 6% per annum simple interest?

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a) 8 months b) 9 months c) 1 ¼ years d) 1 ½ years correct answer is: b) 9 months Explanation Here,Principal Amount We know, S.I. S.I. S.I. Rate %So, S.I. [put all value] [cross ...

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Asked: 2 years ago

At simple interest a sum becomes 6/5 of itself in 2 ½ years. The rate of interest per annum is:

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a) 10% b) 8% c) 6% d) 4% correct answer is: b) 8% Explanation Here sum means Principal.Time years or yearsLet,Rate %Principal Amounts or S.I. S.I. S.I. [L.C.M=5] S.I. ...

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Science Sparkle
Asked: 2 years agoIn: Interest

A sum amounts to ₹ 3605 in 219 days at 5% per annum. The sum is:

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a) ₹ 3250 b) ₹ 3500 c) ₹ 3400 d) ₹ 3550 correct answer is: b) ₹ 3500 Explanation Here,Amounts Time days or yearsRate %We know, Amounts [put A’s value] [put S.I. formula] The sum is ...

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Science Sparkle
Asked: 2 years agoIn: Interest

The simple interest on ₹ 6250 at 4% per annum for 6 months is:

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a) ₹ 125 b) ₹ 150 c) ₹ 175 d) ₹ 135 correct answer is: a) ₹ 125 Explanation Here,Principal Rate %Time months or or yearsWe know, S.I. Simple interest is Ans: .

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Science Sparkle
Asked: 2 years agoIn: Interest

Divide ₹ 3600 into two part such that if one part be lent at 9% per annum and the other at 10% per annum, the total annual income is ₹ 333.

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a) d) ₹ 3000 & ₹ 1000 b) d) ₹ 2950 & ₹ 950 c) d) ₹ 2800 & ₹ 910 d) ₹ 2700 & ₹ 900 correct answer is: d) ₹ 2700 & ₹ 900 Explanation Let, ...

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Science Sparkle
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Science Sparkle
Asked: 2 years agoIn: Interest

Divide ₹ 3000 into two parts such that the simple interest on the first part for 4 years at 8% per annum is equal to the simple interest on the second part for 2 years at 9% per annum.

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a) ₹ 1120 and ₹ 1960 b) ₹ 1100 and ₹ 1940 c) ₹ 1080 and ₹ 1920 d) ₹ 1060 and ₹ 1900 correct answer is: c) ₹ 1080 and ₹ 1920 Explanation Let, st part is ...

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