A sum of Rs. 800 amounts to Rs. 920 in 3 years at the simple interest rate. If the rate is increased by 3%p.a. What will be the sum amount to in the same period ?

A sum of Rs. 800 amounts to Rs. 920 in 3 years at the simple interest

1.	A sum of Rs. 800 amounts to Rs. 920 in 3 years at the simple interest rate. If the rate is increased by 3%p.a. What will be the sum amount to in the same period ?
A.	s. 992
B.	s. 962
C.	s. 942
D.	s. 982
Answer» B. s. 962

Discussion

No Comment Found

Related MCQs

Rs. 260200 is divided between Ram and Shyam so that the amount that Ram receives in 3 years is the same as that Shyam receives in 6 years. If the interest is compounded annually at the rate of 4%per annum then Ram's share is=?
If a sum of money becomes Rs. 4000in 2 years and Rs. 5500 in 4 years 6 months at the same rate of simple interest per annum. Then the rate of simple interest is=?
In simple interest rate per annum a certain sum amounts to Rs. 5182 in 2 years and Rs. 5832 in 3 years. The principal in rupees is=?
The sum invested in scheme B is thrice the sum invested in scheme A. The investment in scheme A is made for 4 years at 8%p.a. simple interest and in scheme B for 2 years at 13%p.a. simple interest. The total interest earned from both the schemes is Rs. 1320. How much amount was invested in scheme A?
The interest earned on Rs. 15000 in 3 years at simple interest is Rs. 5400. Find the rate of interest per annum.
A sum becomes its double in 10 years. Find the annual rate of simple interest.
A sum of Rs. 3000 yields an interest of Rs. 1080 at 12%per annum simple interest in how many years ?
Alipta got some amount of money from her father. In how many years will the ratio of the money and the interest obtained from it be 10 : 3 at 6%simple interest per annum ?
If a sum of money double itself in 8 years, then the interest rate in percentage is ?
The simple interest on a certain sum of money at the rate of 5% per annum for 8 years is Rs. 840. Rate of interest for which the same amount of interest can be received on the same sum after 5 years is=?

A sum of Rs. 800 amounts to Rs. 920 in 3 years at the simple interest rate. If the rate is increased by 3%p.a. What will be the sum amount to in the same period ?

Discussion

No Comment Found

Related MCQs

Reply to Comment