IN how many years, Rs. 150 will produce the same interest @ 8% as Rs. 800 produce in 3 years@ 4(1/2)%?
Correct Answer : C
A sum of money lent out at simple interest amounts to Rs. 720 after 2 years and to Rs. 1020 after a further period of 5 years. The sum is
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?
If asum of money at simple interest doubles in 6 years, it will become 4 times in