A. 3%
B. 4%
C. 5%
D. 6%
S.I. = Rs. (15500 – 12500) = Rs. 3000.
Rate = ( 100 X 3000/12500 X 4 )% = 6%.
Advertisement
Related Mcqs:
- A man invests a certain sum of money at 6% per annum simple interest and another sum at 7% per annum simple interest. His income from interest after 2 years was Rs. 354. One-forth of the first sum is equal to one-fifth of the second sum. The total sum invested was :
- A. Rs.3100 B. Rs.2700 C. Rs.2200 D. Rs.1800...
- Rs. 6000 is lent out in two parts. One part is lent at 7% p.a simple interest and the other is lent at 10% p.a simple interest. The total interest at the end of one year was Rs. 450. Find the ratio of the amounts lent at the lower rate and higher rate of interest?
- A. 5 : 1 B. 4 : 1 C. 3 : 2 D. 2 : 1...
- Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 4000 for 2 years at 10% per annum. The sum placed on simple interest is:_______?
- A. Rs. 1550 B. Rs. 1650 C. Rs. 1750 D. Rs. 2000...
- A sum of money amounts to Rs 9800 after 5 years and Rs. 12005 after 8 years at the same rate of simple interest. The rate of interest per annum is :
- A. 5% B. 8% C. 12% D. 15%...
- A sum of money amounts to Rs. 9800 after 5 years and Rs. 12005 after 8 years at the same rate of simple interest. The rate of interest per annum is:
- A. 5% B. 8% C. 12% D. 15%...
- A sum of Rs. 2500 amounts to Rs. 3875 in 4 years at the rate of simple interest. What is the rate of interest?
- A. 12.25% B. 12% C. 6% D. 13.75%...
- A sum of money at simple interest amounts to Rs. 815 in 3 years and to Rs. 854 in 4 years. The sum is :________?
- A. Rs. 700 B. Rs. 690 C. Rs. 650 D. Rs. 698...
- A sum amount to Rs.1344 in two years at simple interest. What will be the compound interest on the same sum at the same rate of interest for the same period?
- A. Rs.150 B. Rs.140 C. Rs.130 D. Data insufficient for the answer...
- The simple interest on Rs.12000 at a certain rate of interest in five years is Rs.7200. Find the compound interest on the same amount for five years at the same rate of interest.
- A. Rs.3502.80 B. Rs.3052.40 C. Rs.3054.8 D. Rs.3052.80 E. None of these...
- A man gets a simple interest of Rs.500 on a certain principal at the rate of 5% p.a in two years. Find the compound interest the man will get on twice the principal in two years at the same rate.
- A. Rs.500 B. Rs.250 C. Rs.5012.50 D. Rs.5062.50 E. None of these....
Advertisement