download Mastguru Android App

Question Detail

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
Similar Questions :

1. 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

2. Sahil took a loan for 6 years at the rate of 5% per annum on Simple Interest, If the total interest paid was Rs. 1230, the principal was

  • 4100
  • 4200
  • 4300
  • 4400

3. 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%

4. We have total amount Rs. 2379, now divide this amount in three parts so that their sum become equal after 2, 3 and 4 years respectively. If rate of interest is 5% per annum then first part will be ?

  • 818
  • 828
  • 838
  • 848

5. A sum of money at simple interest amounts to Rs. 2240 in 2 years and to Rs. 2600 in 5 years. What is the principal amount

  • 1000
  • 1500
  • 2000
  • 2500
Read more from - Simple Interest Questions Answers
Post a comment