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A sum of money lent out at simple interest amounts to Rs. 720 after 2 years and Rs. 1020 after a further period of 5 years. Find the principal.
Correct Answer Is : Rs.600
The rate of simple interest at which a sum of money becomes three times in 25 years is : Correct Answer Is : 8% If Rs. 5,000 becomes Rs. 5,700 in a year`s time, what will Rs. 7,000 become at the end of
5 years at the same rate of simple interest ? Correct Answer Is : Rs.11,900 A person takes a loan of Rs. 10,0000 partly from a bank at 8% p.a. and remaining from another bank at 10% p.a. He pays a total interest of Rs. 950 per annum. Amount of loan taken from the first bank (in Rs.) is Correct Answer Is : 2500
A sum of 12,000 deposited at compound interest becomes double after 5 years. After 20 years, it will become Correct Answer Is : 192000 Simple interest on a certain sum for 6 years is 9/25 of the sum. The rate of interest is Correct Answer Is : 0.06 The difference between the compound interest and simple interest for the amount ! 5,000 in 2 years is 32. The rate of interest is Correct Answer Is : 0.08 The simple interest on a sum of money is 1/9 of the principle and the number of years is equal to rate per cent annum. The rate per annum is 
Correct Answer Is : 
The difference between simple interest and compound interest of a certain sumofmoney at 20% per annum for 2 years is Rs. 48. Then the sum is Correct Answer Is : Rs.1200
A sum of money becomes eight times in 3 years, if the rate is compounded annually. In how much time will the same amount at the same compound rate become sixteen times? Correct Answer Is : 4years
