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
The money borrowed or lent out for a certain period is called___________
Interest
Principal
Simple Interest
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
If the interest is calculated uniformly on the original principal throughout the loan period,then the interest is called __________
Amount
Simple interest
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%
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 total money paid back to the lender is called ___________
Interest on Rs.100 for 1 year is called _____________
SI
rate percent per annum
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