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
The total money paid back to the lender is called ___________
Amount
Interest
Principal
none of these
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
At what rate percent per annum simple interest will a sum double itself in 8 years 4 months.
12%
11%
10%
13%
At what rate % per annum will the interest on Rs. 550 be Rs.66 in 3 years.
5%
6%
4%
None of these
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
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 money borrowed or lent out for a certain period is called___________
Simple Interest
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
__________= Principal+Interest
SI
Rate percent per annum