The simple interest on a certain sum of money at the rate of 5% p.a. for 8 years is Rs. 840. At what rate of interest the same amount of interest can be received on the same sum after 5 years ?

 The simple interest on a certain sum of money at the rate of 5% p.a. for 8 years is Rs. 840. At what rate of interest the same amount of interest can be received on the same sum after 5 years ?

A). 6%

B). 8%

C). 9%

D).  10%

---

Join Telegram Group

Answer This Question
Name:
Email:
Answer :
Sum of (4+2)
Submit:

Other Questions

1.  A man took loan from a bank at the rate of 8% p.a. simple interest. After 4 years he had to pay Rs. 6200 interest only for the period. The principal amount borrowed by him was:

2.  A part of certain sum of money is invested at 9% per annum and the rest at 12% per annum, if the interest earned in each case for the same period is equal, then ratio of the sums invested is?

3. What sum of money will amount to Rs.520 in 5 years and to Rs.568 in 7 years at simple interest

4.  Tannu invests an amount of Rs 9535 at the rate of 4% p.a. to obtain a total amount of Rs 11442 on simple interest after a certain period. For how many years did she invest the amount to obtain the tot

5.  The rate at which a sum becomes four times of itself in 15 years at S.I., will be:

6. A bank offers 10% compound interest per half year. A customer deposits Rs. 2000 each on 1st January and 1st July of a year. At the end of the year, the amount he would have gained by way of interest is

7. If Rs.12,000 is divided into two parts such that the simple interest on the first part for 3 years at 12% per annum is equal to the simple interest on the second part for $4\frac{1}{2}$ years at 16%per annum. The greater part is :

8.  In how many years will a sum of money double itself at 12% per annum?

9.  A man invested `1/3` of his capital at 7% ; `1/4` at 8% and the remainder a 10% . If his annual income is Rs. 61, the capital is :.

10. Ram bought a bike for Rs.60,000. He paid Rs.10000 cash down and the rest at the end of 2 years at 15% simple interest. How much more did he pay as simple interest