The S.I on a certain sum for 3 years at 14 % per annum is Rs.235.20 .The sum is
Rs. 480
Rs. 560
Rs. 650
Rs. 720
Rs. 800 amounts to Rs. 920 in 3 years at S.I. If the interest rate is increased by 3%, it would amount to how much?
Rs. 900
Rs. 960
Rs. 992
Rs. 1000
Ashok borrowed Rs.5000 from a bank in order to get a motor bike. He got the amount at an interest rate of 7% per annum with a 30 month term. What is the total amount he will have to pay back to the bank?
Rs.5000
Rs.5500
Rs.5875
Rs.6000
Simple interest on a certain sum at a certain rate is 9/16 of the sum. If the number representing rate percent and time in years be equal, then the rate is
5%
6%
7%
7 1/2%
How much time will it take for an amount of Rs. 450 to yield Rs. 81 as interest at 4.5% per annum of simple interest?
3.5 years
4 years
4.5 years
5 years
Find S.I on Rs. 3000 at 18% per annum for period from 4th Feb to 18th April 1995.
Rs. 100
Rs. 104
Rs. 108
Rs. 110
Find the rate of interest if Amal deposits Rs. 15,000 for 2 years in a bank and got Rs. 1650 as interest.
5 1/2%
11%
12%
The formula for calculating simple interest is
i = p × r
i = p × n
i = p × n × r
i = p × n × r/100
A man invested 1/3 of his capital at 7%, 1/4 at 8% and the remainder at 10%. If his annual income is Rs. 561, the capital is
Rs. 8000
Rs. 7250
Rs. 6600
Rs. 5000
In how many years will a sum of money becomes double at 10% annum.
20 years
18 years
15 years
12 years