A sum of Rs. 3000 yields an interest of Rs. 1080 at 12% per annum simple interest in how many years ? Options: A . &nbsp4 years B . &nbsp3 years C . &nbsp5 years D . &nbsp$$2\frac{1}{2}$$ years

A sum of Rs. 3000 yields an interest of Rs. 1080 at 12% per annum simple interes

Question

A sum of Rs. 3000 yields an interest of Rs. 1080 at 12% per annum simple interest in how many years ?

Options:

A . 4 years

B . 3 years

C . 5 years

D . $$2\frac{1}{2}$$ years

Answer: Option B

Submit Your Solution Below and Earn Points !

Next Question

Question 1. A sum becomes its double in 10 years. Find the annual rate of simple interest.....

Question 2. The interest earned on Rs. 15000 in 3 years at simple interest is Rs. 5400. Find the rate of interest per annum.....

Question 3. The sum invested in scheme B is thrice the sum invested in scheme A. The investment in scheme A is made for 4 years at 8....Rs. 1320. How much amount was invested in scheme A?

Question 4. In simple interest rate per annum a certain sum amounts to Rs. 5182 in 2 years and Rs. 5832 in 3 years. The principal in....in 3 years. The principal in rupees is = ?

Question 5. If a sum of money becomes Rs. 4000 in 2 years and Rs. 5500 in 4 years 6 months at the same rate of simple interest per a....annum. Then the rate of simple interest is = ?

Question 6. Rs. 260200 is divided between Ram and Shyam so that the amount that Ram receives in 3 years is the same as that Shyam re....of 4% per annum then Ram's share is = ?

Question 7. Veena obtained an amount of Rs. 8376 as simple interest on a certain amount at 8 p.c.p.a. after 6 years. what is the amo....after 6 years. what is the amount invested by veena?

Question 8. At which sum the simple interest at the rate of $$3\frac{3}{4}$$ % per annum will be Rs. 210 in $$2\frac{1}{3}$$ years?....% per annum will be Rs. 210 in $$2\frac{1}{3}$$ years?

Question 9. Rs. 1000 is invested at 5% per annum simple interest. If the interest is added to the principal after every 10 years, th....years, the amount will become Rs. 2000 after = ?

Question 10. A person invests money in three different schemes for 6 years, 10 years and 12 years at 10%, 12% and 15% simple interest....same interest. The ratio of his investment is = ?

Chapter 1 - GLOBAL STEEL SCENARIO & INDIAN STEEL INDUSTRY Part 1 : (13-04-2024) INDUSTRY AND COMPANY AWARENESS (ICA)

Direction Sense Test Part 1 Reasoning (Hindi)

Chapter 1 - RMHP / OHP / OB & BP Part 1 : (14-02-2024) GPOE

Cube & Cuboid Part 1 Reasoning (Hindi)

Data Interpretation (DI) Basic Concept Reasoning (Hindi)

Counting Figures Part 1 Counting Of Straight Lines Reasoning (Hindi)

Sail E0 free webinar Webinars

Real Numbers Part 7 Class 10 Maths

Real Numbers Part 1 Class 10 Maths

Polynomials Part 1 Class 10 Maths

Pie Chart - Test Paper 1 Data Interpretation Reasoning & DI

Tabulation - Test Paper 2 Data Interpretation Reasoning & DI

Test Paper 1 Direction Sense Test Reasoning & DI

ICA , RDIC,GFM Free Modal Test Paper - Non - Technical Branch Old Syllabus 2022 - SAIL Junior Officer E0

GFM Combined 1 Free Revision Test SAIL JO E-0