The simple interest on Rs. 500 for 6 years at 5% P.a is
Rs. 250
Rs. 150
Rs. 140
Rs. 120
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
If the interest is calculated uniformly on the original principal throughout the loan period,then the interest is called __________
Principal
Amount
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 additional money paid by the borrower for having used the lender money is called __________
Interest
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___________
Simple Interest
None of these
The total money paid back to the lender is called ___________
At what rate percent per annum simple interest will a sum double itself in 8 years 4 months.
12%
11%
10%
13%
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