On a certain sum the simple interest for $$12\frac{1}{2}$$ year is $$\frac{3}{4}

Question

On a certain sum the simple interest for $$12\frac{1}{2}$$ year is $$\frac{3}{4}$$ of the sum. Then the rate of interest is = ?

Options:

A . 5% per year

B . 6% per year

C . 7% per year

D . 8% per year

Answer: Option B

Submit Your Solution Below and Earn Points !

Next Question

More Questions on This Topic :

Question 1. A person invests money in three different schemes for 6 years, 10 years and 12 years at 10 percent, 12 percent and 15 pe....gets the same interest. The ratio of his investment is

Question 2. A man invested **Hidden Equation** at 8% and the r....his annual income is Rs. 561, the capital is -

Question 3. Find the amount to be received after 2 years 6 months at the rate of 5% p.a. of simple interest on a sum of Rs. 3200.....

Question 4. The simple interest on a certain sum of money at the rate of 5% per annum for 8 years is Rs. 840. Rate of interest for w....on the same sum after 5 years is = ?

Question 5. If a sum of money double itself in 8 years, then the interest rate in percentage is ?....

Question 6. Alipta got some amount of money from her father. In how many years will the ratio of the money and the interest obtained....10 : 3 at 6% simple interest per annum ?

Question 7. A sum of Rs. 3000 yields an interest of Rs. 1080 at 12% per annum simple interest in how many years ?....

Question 8. A sum becomes its double in 10 years. Find the annual rate of simple interest.....

Question 9. The interest earned on Rs. 15000 in 3 years at simple interest is Rs. 5400. Find the rate of interest per annum.....

Question 10. 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?

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