Mathematics
If ₹ 3,750 amounts to ₹ 4,620 in 3 years at simple interest. Find: (i) the rate of interest. (ii) the amount of ₹ 7,500 in 5(1/2) years at the same rate of interest.
Related Questions
A sum of ₹ 600 put at 5% S.I. amounts to ₹ 720 in:
3 years
4 years
5 years
6 years
Manoj invested ₹ 8,000 for 10 years at 10% p.a. simple interest. The amount at the end of 2 years will be :
₹ 9,600
₹ 9,800
₹ 16,000
None of these
A sum of money, lent out at simple interest, doubles itself in 8 years. Find:
(i) the rate of interest.
(ii) in how many years will the sum become triple (three times) of itself at the same rate percent?
Rupees 4,000 amounts to ₹ 5,000 in 8 years; in what time will ₹ 2,100 amount to ₹ 2,800 at the same rate?