A. 12.25%
B. 12%
C. 6%
D. 13.75%
Simple Interest, SI = (3875 – 2500) = Rs.1375
Principal, P = Rs. 2500
Time, T = 4 years
R = ?
R=100×SI/PT=100×13752/500×4
=100×1375/10000=13.75%
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. 12,500 amounts to Rs. 15,500 in 4 years at the rate of simple interest What is the rate of interest ?
A. 3%
B. 4%
C. 5%
D. 6% - 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 - Nabeela took a loan of Rs. 1200 with simple interest for as many years as the rate of interest. If she paid Rs. 432 as interest at the end of the loan period, what was the rate of interest ?
A. 3.6
B. 6
C. 18
D. Cannot be determined
