A certain sum of money lent out at simple interest amount Rs.1380 in 3 – McqOptions

MCQOPTIONS

1.	A certain sum of money lent out at simple interest amount Rs.1380 in 3 years and Rs. 1500 in 5 years. Find the rate percent per annum.
A.	3%
B.	3.5%
C.	4%
D.	5%
Answer» E.

Discussion

No Comment Found

Related MCQs

The sum lent at 5% per annum (i.e. 365 days) simple interest, that produces interest, ofRs.2.00 a day, is
A man lentRs.60,000, partly at 5% and the rest at 4% simple interest. If the total annual interest is Rs. 2560, the money lent at 4% was
A certain sum of money lent out at simple interest amount Rs.1380 in 3 years and Rs. 1500 in 5 years. Find the rate percent per annum.
If a sum of money amounts to ₹ 12900 and ₹ 14250 at the end of 4th year and 5th year respectively a certain rate of simple interest, then the rate of interest is
In how many years will a sum of money double itself at 25/4 % simple interest per annum?
A sum of money at a certain rate per annum of simple interest doubles in the 5 years and at a different rate become three times in 12 years. The lower rate of interest per annum is:
What would be the simple interest obtained on an amount of Rs 64,728 at the rate of 10 p.c.p.a after 7 years?
A sum of money becomes 3 times in 5 year. in how many year will be the same sum become 6 times at the same rate of simple interest?
A sum of money lent on simple interest triples itself in 15 years and 6 months. In how many year will it be doubled?
At what rate per cent per annum calculated in simple interest will a sum of money double in 10 year?