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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. A sum of money amounts to Rs 9800 after 5 years and Rs 12005 after 8 years at the same rate of simple interest. The rate of interest per annum is

  • 9%
  • 10%
  • 11%
  • 12%

2. What is the present worth of Rs. 132 due in 2 years at 5% simple interest per annum

  • 110
  • 120
  • 130
  • 140

3. There was simple interest of Rs. 4016.25 on a principal amount at the rate of 9%p.a. in 5 years. Find the principal amount

  • Rs 7925
  • Rs 8925
  • Rs 7926
  • Rs 7925

4. 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%

5. A sum of money at simple interest amounts to Rs. 2240 in 2 years and to Rs. 2600 in 5 years. What is the principal amount

  • 1000
  • 1500
  • 2000
  • 2500
Read more from - Simple Interest Questions Answers
Post a comment

  • 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 11 years ago

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