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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

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

1. Find the simple interest on Rs 7000 at 50/3 % for 9 months

  • Rs. 1075
  • Rs. 975
  • Rs. 875
  • Rs. 775

2. What will the ratio of simple interest earned by certain amount at the same rate of interest for 6 years and that for 9 years.

  • 1:2
  • 2:1
  • 2:2
  • 2:3

3. At 5% per annum simple interest, Rahul borrowed Rs. 500. What amount will he pay to clear the debt after 4 years

  • 750
  • 700
  • 650
  • 600

4. Rs. 800 becomes Rs. 956 in 3 years at a certain rate of simple interest. If the rate of interest is increased by 4%, what amount will Rs. 800 become in 3 years.

  • Rs 1052
  • Rs 1152
  • Rs 1252
  • Rs 1352

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
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