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A lent Rs. 5000 to B for 2 years and Rs 3000 to C for 4 years on simple interest at the same rate of interest and received Rs 2200 in all from both of them as interest. The rate of interest per annum is

  • 9%
  • 10%
  • 11%
  • 12%
Similar Questions :

1. Reema 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.

  • 5%
  • 6%
  • 7%
  • 8%

2. There was simple interest of Rs. 4016.25 on a principal amount at the rate of 9%p.a. in 5 years. Find the principal amount

  • Rs 7925
  • Rs 8925
  • Rs 7926
  • Rs 7925

3. Find the simple interest on the Rs. 2000 at 25/4% per annum for the period from 4th Feb 2005 to 18th April 2005

  • Rs 25
  • Rs 30
  • Rs 35
  • Rs 40

4. A man took a loan at rate of 12% per annum simple interest. After 3 years he had to pay 5400 interest. The principal amount borrowed by him was.

  • Rs 14000
  • Rs 15000
  • Rs 16000
  • Rs 17000

5. If A lends Rs. 3500 to B at 10% p.a. and B lends the same sum to C at 11.5% p.a., then the gain of B (in Rs.) in a period of 3 years is

  • Rs. 154.50
  • Rs. 155.50
  • Rs. 156.50
  • Rs. 157.50
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