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Questions and Answers
How much time did it take for ₹35,000 to grow to ₹52,500 at a simple interest rate of 10% per annum?
How much time did it take for ₹35,000 to grow to ₹52,500 at a simple interest rate of 10% per annum?
- 3 years
- 4 years
- 5 years (correct)
- 7 years
What was the original principal if Mr. Joshi received a simple interest of ₹7,200 at an 8% annual rate after 6 years?
What was the original principal if Mr. Joshi received a simple interest of ₹7,200 at an 8% annual rate after 6 years?
- ₹11,000
- ₹10,000
- ₹9,000 (correct)
- ₹12,000
If ₹50,000 grew to ₹82,000 over 8 years, what is the annual simple interest rate?
If ₹50,000 grew to ₹82,000 over 8 years, what is the annual simple interest rate?
- 8%
- 12%
- 6%
- 10% (correct)
If simple interest for 4 years at 8% p.a. exceeds that for 5½ years at 7% p.a. by ₹585, what is the principal amount?
If simple interest for 4 years at 8% p.a. exceeds that for 5½ years at 7% p.a. by ₹585, what is the principal amount?
What is the principal amount of a sum that amounts to ₹18,000 after 5 years and ₹21,600 after 8 years?
What is the principal amount of a sum that amounts to ₹18,000 after 5 years and ₹21,600 after 8 years?
Flashcards
Finding interest period with principal, rate and amount
Finding interest period with principal, rate and amount
Calculate time in years for a simple interest given principal, rate, and final amount.
Finding principal with interest, rate, and time
Finding principal with interest, rate, and time
Calculate the original principal given simple interest, rate, and time.
Finding rate with principal, time, and amount
Finding rate with principal, time, and amount
Calculate the annual rate of simple interest given the principal, time, and final amount.
Comparing Simple Interest for different periods
Comparing Simple Interest for different periods
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Finding rate and principal with two different periods
Finding rate and principal with two different periods
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