Q: The total simple interest earned on a sum of money increases by Rs. – McqOptions

MCQOPTIONS

1.	Q: The total simple interest earned on a sum of money increases by Rs. 600 when the rate of interest increases by 2% per annum. If the investment was made for 5 years, find the sum of money that was invested ?
A.	Rs. 6000
B.	Rs. 5550
C.	Rs. 7500
D.	Rs. 6580
Answer» B. Rs. 5550

Discussion

No Comment Found

Related MCQs

Q: With an average speed of 40 km/hr, a train reaches its destination in time. If it goes with an average speed of 35 km/hr, it is late by 15 minutes. Find the length of the total journey?
Q: Without any stoppage, a person travels a certain distance at an average speed of 42 km/h, and with stoppages he covers the same distance at an average speed of 28 km/h. How many minutes per hour does he stop?
Q: Write 0.125 as a percent %?
Q: X can complete the work in 10 days, Y can do the same in 15 days. If they are hired for 5 days to do the work together, what is the work that left unfinished?
Q: You drive to the store at 20 kmph and return by the same route at 30 kmph. Discounting the time spent at the store, what was your average speed ?
Q: Which value is equal to 5% of 1,500?
Q: Which two months in a year have the same calendar?
Q: Which one of the following is not a prime number?
Q: Which of the following is not a prime number?
Q: Which is the next number in the sequence: 1, 3, 6, 11, 20, 37, ??