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At what rate percent per annum will the simple interest on a sum of money be 2/5 of the amount in 10 years

  • 1%
  • 2%
  • 3%
  • 4%
Similar Questions :

1. 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

2. 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%

3. Find the rate at Simple interest, at which a sum becomes four times of itself in 15 years.

  • 10%
  • 20%
  • 30%
  • 40%

4. 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

5. 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
Read more from - Simple Interest Questions Answers
Post a comment

  • ANURAG 8 years ago

    urs first solution is wrng. solve it with...
    AMOUNT = PRINCIPLE + INTEREST
    A = P+ 2/5A
    A-2/5A = P
    P = 3/5A
    NOW PUT THIS IN FORMULA,
    2/5A = (3/5A x 10x R)/100
    R = 20/3%

  • Jermajesty 11 years ago

    Hey, sutlbe must be your middle name. Great post!