What sum of money will produce Rs.70 as simple interest in 4 years at 3 1/2 percent? Options: A . &nbspRs.525 B . &nbspRs.500 C . &nbspRs.550 D . &nbspRs.555

What sum of money will produce Rs.70 as simple interest in 4 years at 3 1/2 per

Question

What sum of money will produce Rs.70 as simple interest in 4 years at 3 1/2 percent?

Options:

A . Rs.525

B . Rs.500

C . Rs.550

D . Rs.555

Answer: Option B

70 = (P*4*7/2)/100

P = 500

Was this answer helpful ?

Next Question

Submit Comment/FeedBack

More Questions on This Topic :

Question 1. What is the rate percent when the simple interest on Rs.800 amount to Rs.160 in 4 Years? ....

Question 2. At what rate percent per annum will the simple interest on a sum of money be 2/5 of the amount in 10 years? ....

Question 3. In how much time would the simple interest on a certain sum be 0.125 times the principal at 10% per annum? ....

Question 4. A sum of money becomes 7/6 of itself in 3 years at a certain rate of simple interest. The rate per annum is? ....

Question 5. A lends Rs. 2500 to B and a certain to C at the same time at 7% p.a. simple interest. If after 4 years, A altogether re....B and C, then the sum lent to C is?

Question 6. A lent Rs. 5000 to B for 2 years and Rs. 3000 to C for 4 years on simple interest at the same rate of interest and rece....them as interest. The rate of interest per annum is?

Question 7. A person invests money in three different schemes for 6 years, 10 years and 12 years at 10 %, 12 %, and 15 %. Simple in....gets the same interest. The ratio of his investments is

Question 8. Simple interest on Rs.500 for 4 years at 6.25 % per annum is equal to the simple interest on Rs. 400 at 5 % per annum f....a certain period of time. The period of time is?

Question 9. Kruti took a loan at simple interest at 6 % in the first year with an increase of 0.5 % in each subsequent year. She pa....interest after 4 years. How much loan did she take?

Question 10. A borrows Rs.800 at the rate of 12 % per annum. Simple interest and B borrows Rs.910 at the rate of 10 % per annum simp....how many years will their amounts at debts be equal?

Latest Videos

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

Latest Test Papers

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

Menu

Popular Courses

Search

Submit Comment/FeedBack

More Questions on This Topic :

Latest Videos

Latest Test Papers