Interest obtained on a sum of Rs. 5000 for 3 years is Rs. 1500. Find the rate percent.
A). 8%
B). 9%
C). 10%
D). 11%
3. The sum of money that will yield ₹60 as simple interest at 6% per annum in 5 years is
5. When $720 is invested for 36 months it earns $205.20 simple interest. Find the yearly interest rate.
7. What annual instalment will discharge a debt of Rs. 1092 due in 3 years at 12 % simple interest ?
10. A sum of money at simple interest trebles itself in 15 years. It will become 5 times of itself in