The interest on a certain sum of money is ₹ 22 and the discount on the same sum for the same time and at the same rate is ₹ 20, find the sum.
₹ 220
₹ 200
₹ 210
₹ 212
48 Views
34.
The simple interest on ₹ 4000 in 3 yr at the rate of x% per annum equals to the simple interest on ₹ 5000 at the rate of 12% per annum in 2 yr. The value of x is
6%
8%
9%
10%
D.
10%
Two simple interest are equal. According to the
question,
28 Views
35.
The simple interest on a sum for 5 yr is one-fourth of the sum. The rate of interest per annum is
5%
6%
4%
8%
34 Views
36.
A person lent certain sum of money at 5% per annum simple interest and in 15 years the interest amounted to ₹ 250/- less than the sum lent. What was
the sum lent (in ₹)?
₹ 1,000/-
₹ 1,500/-
₹ 2,400/-
₹ 3,000/-
A.
₹ 1,000/-
Let the sum lent be ₹ x. According to the
question,
37.The rate of simple interest at which a sum of money becomes three times in 25 yr is8%5%4%6%
A.
8%
Let principal = ₹ P ∴ S.I. = 3P - P = ₹ 2P According to the question,
29 Views
At what rate per annum simple interest will a sum of money becomes 6 times of itself after 25 years?
Detailed Solution
∴ The rate of interest is 33.33%.
What will be the rate of interest so that a sum amounts to its three times in 25 years?
The rate of simple interest at which a sum of money becomes three times in 25 yr is. 8%
At what rate percent an amount of money becomes 25 times?
∴ The rate of interest is 400%.
How do you find the sum of money in simple interest?
How do you Calculate Simple Interest? Simple Interest is calculated using the following formula: SI = P × R × T, where P = Principal, R = Rate of Interest, and T = Time period.
