Arun invested a certain sum of money at 8% per annum simple interest for 'n' years. At the end of 'n' years, Arun got back 4 times his original investment. What is the value of n?
50 years
25 years
12 years
37 years 6 months
Rs. 2189 are divided into three parts such that their amounts after 1, 2 and 3 years respectively may be equal, the rate of S.I being 4% p.a in all cases. The smallest part is
597
1194
994
1500
When we borrow things from other people we have to pay some money for using it. This is called
Rent
Interest
Loan
None of these
A sum fetched a total simple interest of Rs. 4016.25 at the rate of 9% per annum in 5 years. What is the sum?
Rs. 4462.50
Rs. 8032.50
Rs. 8900
Rs. 8925
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
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
Interest rate is given in bank on _______ basis.
Monthly
Weekly
Annual
Quarterly
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
If x, y, z are three sums of money such that y is the simple interest on x, z is the simple interest on y for same time and at same rate of interest, then
y * y = xz
x * y = z
x * z = y
x * x = yz
A sum at simple interest at 13 1/2% per annum amounts to Rs. 2502.50 after 4 years find the sum.
Rs. 1600
Rs. 2750
Rs. 2100
Rs. 1625