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At what rate percent per annum will the simple interest on a sum of money be 2/5 of the amount in 10 years

  • 1%
  • 2%
  • 3%
  • 4%
Similar Questions :

1. At what rate percent per annum will the simple interest on a sum of money be 2/5 of the amount in 10 years

  • 1%
  • 2%
  • 3%
  • 4%

2. Find the simple interest on Rs 7000 at 50/3 % for 9 months

  • Rs. 1075
  • Rs. 975
  • Rs. 875
  • Rs. 775

3. The simple interest on a certain sum of money at the rate of 5% p.a. for 8 years is Rs. 840. At what rate of intrest the same amount of interest can be received on the same sum after 5 years.

  • 5%
  • 6%
  • 7%
  • 8%

4. Sachin borrows Rs. 5000 for 2 years at 4% p.a. simple interest. He immediately lends money to Rahul at 25/4% p.a. for 2 years. Find the gain of one year by Sachin.

  • 110.50
  • 111.50
  • 112.50
  • 113.50

5. At 5% per annum simple interest, Rahul borrowed Rs. 500. What amount will he pay to clear the debt after 4 years

  • 750
  • 700
  • 650
  • 600
Read more from - Simple Interest Questions Answers
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  • ANURAG 9 years ago

    urs first solution is wrng. solve it with...
    AMOUNT = PRINCIPLE + INTEREST
    A = P+ 2/5A
    A-2/5A = P
    P = 3/5A
    NOW PUT THIS IN FORMULA,
    2/5A = (3/5A x 10x R)/100
    R = 20/3%

  • Jermajesty 12 years ago

    Hey, sutlbe must be your middle name. Great post!