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 sum of money that will give Re. 1 as interest per day at 5 % per annum simple interest is:
Rs. 3650
Rs. 36500
Rs. 730
Rs. 7300
Interest on Rs.100 for 1 year is called _____________
SI
Amount
Principal
rate percent per annum
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 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 % per annum will the interest on Rs. 550 be Rs.66 in 3 years.
5%
6%
4%
None of these
The money borrowed or lent out for a certain period is called___________
Interest
Simple Interest
If the interest is calculated uniformly on the original principal throughout the loan period,then the interest is called __________
Simple interest
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 total money paid back to the lender is called ___________