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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. 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

2. 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

3. 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

4. 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%

5. 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
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