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
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. 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
If 1 Re. produces Rs. 9 as interest in 60 years at simple interest, the rate percent is
30
15
13 1/3
9
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
At what rate % per annum will the interest on Rs. 550 be Rs.66 in 3 years.
5%
6%
4%
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 difference between the simple interest for 6 years at 6% P.a and for 4 years at 4% P.a on R.S _____ is Rs. 500
2000
2500
2750
3200
__________= Principal+Interest
SI
Amount
Rate percent per annum
none of these
A sum of Rs. 1550 is lent out into two parts, one at 8% and another one at 6%. If the total annum income is Rs. 106 the money lent at 8% is
Rs.900
Rs. 840
Rs. 650