At what rate percent per annum will the simple interest on a sum money be 2/5 of the amount in 10 years?
Correct Answer : A
A lends Rs. 2500 to B and a certain sum to C at the same time at 7%.p.a. simple interest. If after 4 years, A altogether receives Rs. 1120 as interest from B and C, then the sum lent to C is
A man invests a certain sum of money at 6%.p.a simple interest and another sum at 7%.p.a. simple interest. His income from interest after 2 years was Rs.354. One-fourth of the first sum is equal to one-fifth of the second sum. The total sum invested was
The banker’s discount of a certain sum of money is Rs. 72 and the true discount on the same sum for the same time is Rs. 60. The sum due is