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If a sum of money doubles itself in 8 years at simple interest, the ratepercent per annum is

  • 12
  • 12.5
  • 13
  • 13.5
Similar Questions :

1. 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

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  • Rs 8925
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  • Rs 7925

2. Reema took a loan of Rs 1200 with simple interest for as many years as the rate of interest. If she paid Rs. 432 as interest at the end of the loan period, what was the rate of interest.

  • 5%
  • 6%
  • 7%
  • 8%

3. A man took a loan at rate of 12% per annum simple interest. After 3 years he had to pay 5400 interest. The principal amount borrowed by him was.

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  • Rs 15000
  • Rs 16000
  • Rs 17000

4. We have total amount Rs. 2379, now divide this amount in three parts so that their sum become equal after 2, 3 and 4 years respectively. If rate of interest is 5% per annum then first part will be ?

  • 818
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  • 838
  • 848

5. 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 %
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