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Thursday, March 21, 2024

Simple interest on a certain sum at a certain annual rate of interest is 16% of the sum. If the numbers representing rate percent and time in years be equal, then the rate of interest is

Simple interest on a certain sum at a certain annual rate of interest is 16% of the sum. If the numbers representing rate percent and time in years be equal, then the rate of interest is
A$\text{4%}$
B$\text{6%}$
C$\text{4.5%}$
D$\text{6.5%}$
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A sum of money at simple interest amounts to Rs. 14,160 in 3 years. If the rate of interest is increased to 25%, the same sum amounts to Rs. 14,700 in the same time. The rate of interest is 5% $5 \frac{1}{2}$ 6% 7%

A sum of money at simple interest amounts to Rs. 14,160 in 3 years. If the rate of interest is increased to 25%, the same sum amounts to Rs. 14,700 in the same time. The rate of interest is
A$\text{5%}$
B$5 \frac{1}{2}$
C$\text{6%}$
D$\text{7%}$
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Veena obtained an amount of Rs. 8,376 as simple interest on a certain amount at 8 p.c.p.a. after 6 years. What is the amount invested by Veena ?

Veena obtained an amount of Rs. 8,376 as simple interest on a certain amount at 8 p.c.p.a. after 6 years. What is the amount invested by Veena ?
ARs.17,180
BRs. 18,110
CRs. 16,660
DRs. 17,450
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A certain amount earns simple interest of Rs. 1,750/- after 7 years. Had the interest been 2% more, how much more interest would it have earned ?

A certain amount earns simple interest of Rs. 1,750/- after 7 years. Had the interest been 2% more, how much more interest would it have earned ?
ARs. 35/-
BRs. 350/-
CRs. 245/-
DCannot be determined
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Rs. 800 becomes Rs. 956 in 3 years at certain simple rate of interest. If the rate of interest is increased by 4%, what amount will Rs. 800 become in 3 years ?

Rs. 800 becomes Rs. 956 in 3 years at certain simple rate of interest. If the rate of interest is increased by 4%, what amount will Rs. 800 become in 3 years ?
ARs. 1020.8
BRs. 1025
CRs. 1025
DData inadequate
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Srinivasan invests two equal amounts in two banks giving 10% and 12% rate of interest respectively. At the end of year the interest earned is Rs. 1650/-. Find the sum invested in each.

Srinivasan invests two equal amounts in two banks giving 10% and 12% rate of interest respectively. At the end of year the interest earned is Rs. 1650/-. Find the sum invested in each.
ARs. 8,500/-
BRs. 15,000/-
CRs. 7,500/-
DRs. 17,000/-
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A sum of Rs. 5000/- amounts to Rs. 6,050/ - in two years.What is the rate of interest ? 15% p.a. 13% p.a. 11% p.a. 21% p.a.

A sum of Rs. 5000/- amounts to Rs. 6,050/ - in two years.What is the rate of interest ?
A15% p.a.
B13% p.a.
C11% p.a.
DNone of these
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