Problem on Simple Interest on Invested Money

Problem on Simple Interest on Invested Money

#### If you invest Rs. 500 at a 3% simple interest rate for 4 years, what is the total interest earned? 1. [ ] Rs. 24 2. [x] Rs. 60 3. [ ] Rs. 30 4. [ ] Rs. 75 #### What is the simple interest earned on an investment of Rs. 800 for 5 years at a rate of 3%? 1. [x] Rs. 120 2. [ ] Rs. 100 3. [ ] Rs. 150 4. [ ] Rs. 180 #### The simple interest an ₹4000 in 3 years at the rate of x% per annum is equal the simple interest on ₹5000 at the rate of 12% per annum in 2 years the value of x is? 1. [ ] 8% 2. [ ] 9% 3. [x] 10% 4. [ ] 6% #### A sum of amounts double in 8 years by simple interest. Then the rate of simple interest p.a is? 1. [ ] 10% 2. [x] 12.5% 3. [ ] 15% 4. [ ] 20% #### A certain amount of money earns Rs.540 as Simple Interest in 3 Years. If it earns a Compound Interest of Rs. 376.20 at the same rate of Interest in 2 years, Find the amount .(in rupees) 1. [ ] 2100 2. [ ] 1600 3. [ ] 1800 4. [x] 2000