How much interest can a person get on Rs. 8200 at 17.5% p.a. simple interest for a period of two years and six months? Options: A . &nbspRs. 3770 B . &nbspRs. 2850.50 C . &nbspRs. 3587.50 D . &nbspRs. 3750 E . &nbspNone of these

How much interest can a person get on Rs. 8200 at 17.5% p.a. simple interest fo

Question

How much interest can a person get on Rs. 8200 at 17.5% p.a. simple interest for a period of two years and six months?

Answer: Option C

I = (8200 * 2.5 * 17.5)/100 = (8200 * 5 * 35)/(100 * 2 * 2) = Rs. 3587.50

Was this answer helpful ?

Next Question

Question 1. A certain sum becomes Rs. 20720 in four years and 24080 in six years at simple interest. Find sum and rate of interest?....years at simple interest. Find sum and rate of interest?

Question 2. A sum of money triples itself in twelve years at simple interest. Find the rate of interest? ....

Question 3. In how many years does a sum of Rs. 5000 yield a simple interest of Rs. 16500 at 15% p.a.? ....

Question 4. A trader owes a merchant Rs. 10,028 due 1 year hence. The trader wants to settle the account after 3 months. If the rate....interest 12% per annum, how much cash should he pay?

Question 5. Rs. 800 amounts to Rs. 920 in 3 years at simple interest. If the interest rate is increased by 3%, it would amount to ho....increased by 3%, it would amount to how much ?

Question 6. You deposit $600 into a 6 month certificate of deposit. After 6 months the balance is $618. Find the simple annual inter....the balance is $618. Find the simple annual interest rate

Question 7. A sum was put a simple interest at a certain rate for 2 years. Had it been put at 4% higher rate, it would have fetched ....it would have fetched Rs. 60 more. The sum is:

Question 8. A sum of money at simple interest amounts to Rs. 815 in 3 years and to Rs. 854 in 4 years. The sum is :________?....

Question 9. What is the rate of interest at which Rs.150 becomes Rs. 220 in 10 years.....

Question 10. A sum of money amounts to Rs. 9800 after 5 years and Rs. 12005 after 8 years at the same rate of simple interest. The ra....of simple interest. The rate of interest per annum is:

Chapter 1 - GLOBAL STEEL SCENARIO & INDI 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

Chapter 3.1 : Overview of Finance & Acco Chapter 3 : Finance & Accounts SAIL E0 - GFM 2024

Chapter 2.1 : Overview Chapter 2 : Materials Management SAIL E0 - GFM 2024

Chapter 1.1 : Personnel Functions- An ov Chapter 1 : Personnel Management SAIL E0 - GFM 2024

GPOE / GPA Combined 1 Free CBT Mock Test SAIL E0 2024

CBT Mixed Test 1 GPOE/GPA SAIL E0 2024