Simple interest on Rs. 625 at 6 1/2 % per annum for 2 1/2 years is

(A)

Rs. 101

(B)

Rs. 101.56

(C)

Rs. 102

(D)

Rs. 102.56

Question-2

Simple interest on Rs. 700 at 9% per annum for the period from 5^{th} February 1984 to 18^{th} April, 1984

(A)

Rs. 12.50

(B)

Rs. 12.60

(C)

Rs. 12.75

(D)

None of these

Question-3

The simple interest on Rs. 500 for 6 years at 5% P.a is

(A)

Rs. 250

(B)

Rs. 150

(C)

Rs. 140

(D)

Rs. 120

Question-4

The additional money paid by the borrower for having used the lender money is called __________

(A)

Principal

(B)

Interest

(C)

Simple interest

(D)

none of these

Question-5

If 1 Re. produces Rs. 9 as interest in 60 years at simple interest, the rate percent is

(A)

30

(B)

15

(C)

13 1/3

(D)

9

Question-6

Let principal = Rs P,Time = T years and Rate = R% per annum -Then Simple Interest(SI) is _____________

(A)

S.I = P*R*T /100

(B)

SI = 100p/R*T

(C)

SI = 100/P*R*T

(D)

None

Question-7

__________= Principal+Interest

(A)

SI

(B)

Amount

(C)

Rate percent per annum

(D)

none of these

Question-8

At what rate percent per annum simple interest will a sum double itself in 8 years 4 months.

(A)

12%

(B)

11%

(C)

10%

(D)

13%

Question-9

If the interest is calculated uniformly on the original principal throughout the loan period,then the interest is called __________

(A)

Principal

(B)

Amount

(C)

Simple interest

(D)

none of these

Question-10

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

(A)

3

(B)

1/3

(C)

3 1/3

(D)

3/10

Your Score 0/10

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