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Interest

Explore the world of Interest calculations on our site! Solve complex math problems effortlessly with our comprehensive solutions tailored for all levels.

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Science Sparkle Latest Questions

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Science Sparkle
Asked: 1 year 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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Answer
Science Sparkle
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Science Sparkle
Asked: 1 year 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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  • 19
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Answer
Science Sparkle
  • 0
Science Sparkle
Asked: 1 year 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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  • 11
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Answer
Science Sparkle
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Science Sparkle
Asked: 1 year 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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Answer
Science Sparkle
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Science Sparkle
Asked: 1 year 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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  • 23
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Answer
Science Sparkle
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Science Sparkle
Asked: 1 year 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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  • 19
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Answer
Science Sparkle
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Science Sparkle
Asked: 1 year agoIn: Interest

A sum of money lent at simple interest amounts to ₹ 783 in 2 years and to ₹ 837 in 3 years. Find the sum and the rate percent per annum.

  • 0

a) ₹ 670 & 8% b) ₹ 675 & 8.5% c) ₹ 675 & 8% d) ₹ 660 & 8% correct answer is: c) ₹ 675 & 8% Explanation Here, A sum of money means .In years, ...

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  • 16
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Answer
Science Sparkle
  • 0
Science Sparkle
Asked: 1 year agoIn: Interest

A sum of money becomes 8/5 of itself in 5 years at a certain rate of simple interest. Find the rate of interest.

  • 0

a) 11% b) 12% c) 14% d) 15% correct answer is: b) 12% Explanation Here, A sum of money means .Let, Principal Amount or We know,S.I. S.I. or or And Time years ...

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  • 14
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Answer
Science Sparkle
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Science Sparkle
Asked: 1 year agoIn: Interest

In what time will ₹ 5600 amount to ₹ 6720 at 8% per annum?

  • 0

a) 2.5 years b) 2 years c) 1.5 years d) 1 year correct answer is: a) 2.5 years Explanation: Now here,Principal Amount Rate So that, S.I. S.I. S.I. We know, time time Time yearsAns: ...

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Science Sparkle
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Science Sparkle
Asked: 1 year agoIn: Interest

If ₹ 640 amounts to ₹ 768 in 2 years 6 months, what will ₹ 850 amount to in 3 years at the same rate percent per annum.

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a) ₹1004 b) ₹1014 c) ₹1024 d) ₹1054 correct answer is: d) ₹1054 Here,Principal Amounts Time years months or or years S.I. S.I. S.I. We know, Rate R ...

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