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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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55 Questions
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Science Sparkle Latest Questions

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

At what rate percent per annum will ₹ 3600 amount to ₹ 4734 in 3 ½ years.

  • 0

a) 8% b) 9% c) 10% d) 12% correct answer is: b) 9% Here,Principal Amount Time years or yearsWe know,S.I. S.I. S.I We also know, Rate ...

  • 0
  • 22
  • 0
Answer
Science Sparkle
  • 0
Science Sparkle
Asked: 1 year agoIn: Interest

A sum of money invested at 8% per annum amounts to ₹12122 in 2 years. What will it amount to in 2 years 8 months at 9% per annum?

  • 0

a) ₹ 12758 b) ₹ 12858 c) ₹ 12958 d) ₹ 13158 correct answer is: c) ₹ 12958 Explanation Here,Amounts Rate % p.a.Time yearsWe know, SI And,Amount Amount [put S.I. value] ...

  • 0
  • 20
  • 0
Answer
Science Sparkle
  • 0
Science Sparkle
Asked: 1 year agoIn: Interest

A sum of money put at 11% per annum amounts to ₹4491 in 2 years 3 months. What will it amount to in 3 years at the same rate?

  • 0

a) ₹ 4788 b) ₹ 4888 c) ₹ 4798 d) ₹ 4900 correct answer is: a) ₹ 4788 Explanation Here,Amount Rate %Time years months or years or yearsWe know, ...

  • 0
  • 14
  • 0
Answer
Science Sparkle
  • 0
Science Sparkle
Asked: 1 year agoIn: Interest

The simple interest on a certain sum for 3 years at 10% per annum is ₹829.50. Find the sum.

  • 0

a) ₹ 2765 b) ₹ 3765 c) ₹ 7365 d) ₹ 6735 correct answer is: a) ₹ 2765 Explanation Here,SI R T yearsWe know,Principal The sum is Ans: The ...

  • 0
  • 21
  • 0
Answer
Science Sparkle
  • 0
Science Sparkle
Asked: 1 year agoIn: Interest

Hari borrowed ₹12600 from a moneylender at 15% per annum simple interest. After 3 years, he paid ₹7070 and give a goat to clear off the debt. What is the cost of the goat?

  • 0

a) ₹ 11000 b) ₹ 11100 c) ₹ 11200 d) ₹ 12200 correct answer is: c) ₹ 11200 Explanation Here,P R p.a.T yearsWe know, SI SI SI We also ...

  • 0
  • 14
  • 0
Answer
Science Sparkle
  • 0
Science Sparkle
Asked: 1 year agoIn: Interest

Shanta borrowed ₹ 6000 from State Bank of India for 3 years 8 months at 12% per annum. What amount will clear off her debt?

  • 0

a)₹ 6624 b) ₹ 6224 c) ₹ 6264 d) ₹ 6262 correct answer is: c) ₹ 6264 Explanation Here,Principal Rate of interest per annumTime years months or or ...

  • 0
  • 24
  • 0
Answer
Science Sparkle
  • 0
Science Sparkle
Asked: 1 year agoIn: Interest

Principal = ₹ 5200, SI = ₹ 975 and time = 2 1/2 years. Find the rate of interest.

  • 0

a) 9.5% b) 8.5% c) 7.5% d) 6.5% correct answer is: c) 7.5% ExplanationHere,P SI T or yearsWe know, Rate Rate p.a.Ans: Rate p.a.

  • 0
  • 12
  • 0
Answer
Science Sparkle
  • 0
Science Sparkle
Asked: 1 year agoIn: Interest

Principal=₹8250, SI=₹1100 and time=2 years. Find the rate of interest.

  • 0

a) 6.67% b) 6.57% c) 6.47% d) 6.37% correct answer is: a) 6.67% ExplanationHere,P SI T yearsWe know, Rate Rate p.a.Ans: Rate p.a.

  • 0
  • 17
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Answer
Science Sparkle
  • 0
Science Sparkle
Asked: 1 year agoIn: Interest

Principal = ₹ 2650, rate = 8% p.a. and time = 2 1/2 years. Find the simple interest and the amount.

  • 0

a) ₹530 & ₹3180 b) ₹510 & ₹3810 c) ₹503 & ₹8130 d) ₹350 & ₹1803 correct answer is: a) ₹530 & ₹3180 ExplanationHere,P R %T years or yearsWe know, SI SI SI ...

  • 0
  • 29
  • 0
Answer
Science Sparkle
  • 0
Science Sparkle
Asked: 1 year agoIn: Interest

Principal = ₹ 9600, rate = 7 1/2% p.a. and time = 5 months. Find the simple interest and the amount.

  • 0

a) ₹990 & ₹6600 b) ₹300 & ₹9600 c) ₹900 & ₹9000 d) ₹600 & ₹9300 correct answer is: b) ₹300 & ₹9600 ExplanationHere,P R % or %T months or yearsWe know, SI S.I. ...

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  • 25
  • 0
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