₹ 5,000 earns ₹ 500 as simple interest in 2 years. Then the rate of interest is

1. 10%

2. 5%

3. 20%

4. 2%

₹ 7,000 earns ₹ 1,400 as interest at 5% per annum. Then the time in this case is:

1. 5 years

2. 2 years

3. 10 years

4. 4 years

Find the interest and the amount on:

₹ 5,000 at 8% per year from 23rd December 2011 to 29th July 2012.

Find the interest and the amount on:

₹ 2,600 in 2 years 3 months at 1% per month.