The total money paid back to the lender is called ___________
Amount
Interest
Principal
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
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
__________= Principal+Interest
SI
Rate percent per annum
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
At what rate % per annum will the interest on Rs. 550 be Rs.66 in 3 years.
5%
6%
4%
None of these
Interest on Rs.100 for 1 year is called _____________
rate percent per annum
The principal which yields a simple interest of Rs.90 at 6% per annum in 3 years is:
Rs. 270
Rs. 500
Rs. 540
Rs. 720
The money borrowed or lent out for a certain period is called___________
Simple Interest
If the interest is calculated uniformly on the original principal throughout the loan period,then the interest is called __________
Simple interest