Question Detail

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. What will the ratio of simple interest earned by certain amount at the same rate of interest for 6 years and that for 9 years.

  • 1:2
  • 2:1
  • 2:2
  • 2:3

2. A sum of Rs 12,500 amounts to Rs. 15,500 in the 4 years at the rate of simple interest. Find the rate percent

  • 6 %
  • 7 %
  • 8 %
  • 9 %

3. A financier claims to be lending money at simple interest, But he includes the interest every six months for calculating the principal. If he is charging an interest of 10%, the effective rate of interest becomes.

  • 10.25%
  • 10%
  • 9.25%
  • 9%

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

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

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
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