How much time will it take for an amount of Rs. 900 to yield Rs. 81 as – McqOptions

MCQOPTIONS

1.	How much time will it take for an amount of Rs. 900 to yield Rs. 81 as interest at 4.5% per annum of simple interest?
A.	2 years
B.	3 years
C.	1 year
D.	4 years
Answer» B. 3 years

Discussion

No Comment Found

Related MCQs

What will be the ratio of simple interest earned by certain amount at the same rate of interest for 6 years and that for 9 years ?
What is the rate of interest at which Rs.150 becomes Rs. 220 in 10 years.
What is the present worth of Rs. 132 due in 2 years at 5% simple interest per annum ?
What annual installment will discharge a debt of Rs 1092 due in 3 years at 12% simple interest?
The simple interest on Rs.500 at 6% per annum from May 3rd to July 15th in the same year is_________?
Rs. 800 amounts to Rs. 920 in 3 years at simple interest. If the interest rate is increased by 3%, it would amount to how much ?
Nabeela took a loan of Rs. 1200 with simple interest for as many years as the rate of interest. If she paid Rs. 432 as interest at the end of the loan period, what was the rate of interest ?
Mr. Tassawar Javed invested an amount of Rs. 13,900 divided in two different schemes A and B at the simple interest rate of 14% p.a. and 11% p.a. respectively. If the total amount of simple interest earned in 2 years be Rs. 3508, what was the amount invested in Scheme B?
If there is a total of 104 weekly instalments and a third deposit, find the interest charged
If the simple interest on a certain sum of money after 3 1⁄8 years is 1⁄4 of the principal, what is the rate of interest per annum?