A sum of Rs.12,500 amounts to Rs.15,500 in 4 years at the rate of simple interest. What is the rate of interest?
Correct Answer : D
Rs.800 becomes Rs. 956 in 3 years at a certain rate of simple interest. If thr rate of interest is increased by 4%. What amount will Rs. 800 become in 3 years?
IN how many years, Rs. 150 will produce the same interest @ 8% as Rs. 800 produce in 3 years@ 4(1/2)%?
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