The simple interest on Rs. 200 for 7 months at 5 paise per rupee per month is
Rs. 70
Rs. 7
Rs. 35
Rs. 30.30
The additional money paid by the borrower for having used the lender money is called __________
Principal
Interest
Simple interest
none of these
The total money paid back to the lender is called ___________
Amount
The sum of money that will give Re. 1 as interest per day at 5 % per annum simple interest is:
Rs. 3650
Rs. 36500
Rs. 730
Rs. 7300
Simple interest on Rs. 700 at 9% per annum for the period from 5th February 1984 to 18th April, 1984
Rs. 12.50
Rs. 12.60
Rs. 12.75
None of these
Let principal = Rs P,Time = T years and Rate = R% per annum -Then Simple Interest(SI) is _____________
S.I = P*R*T /100
SI = 100p/R*T
SI = 100/P*R*T
None
The principal which yields a simple interest of Rs.90 at 6% per annum in 3 years is:
Rs. 270
Rs. 500
Rs. 540
Rs. 720
The simple interest on a sum of money is (1/9) of the principal and the number of years is equal to the rate percent per annum. The rate percent per annum is
3
1/3
3 1/3
3/10
Simple interest on Rs. 625 at 6 1/2 % per annum for 2 1/2 years is
Rs. 101
Rs. 101.56
Rs. 102
Rs. 102.56
If 1 Re. produces Rs. 9 as interest in 60 years at simple interest, the rate percent is
30
15
13 1/3
9