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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%
Similar Questions :

1. Rs. 800 becomes Rs. 956 in 3 years at a certain rate of simple interest. If the rate of interest is increased by 4%, what amount will Rs. 800 become in 3 years.

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

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  • 13
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3. 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
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  • 2000
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4. In how many years Rs 150 will produce the same interest at 8% as Rs. 800 produce in 3 years at 9/2%

  • 8
  • 9
  • 10
  • 11

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

  • 110
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Read more from - Simple Interest Questions Answers
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