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
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
At what rate % per annum will the interest on Rs. 550 be Rs.66 in 3 years.
5%
6%
4%
None of these
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
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. 720
Rs. 650
The simple interest on Rs. 9125 at 4% per annum from April 5, 1987 to August 10, 1987 is
Rs. 123
Rs. 127
Rs. 129
Rs.133
The total money paid back to the lender is called ___________
Amount
Interest
Principal
none of these
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
Interest on Rs.100 for 1 year is called _____________
SI
rate percent per annum
The additional money paid by the borrower for having used the lender money is called __________
Simple interest