Sohan received a sum at 12 % p.a. simple interest. After 5 years he returned the principal and interest. If he returned Rs. 16000. What was the principal amount?
Sohan received a sum at 12 % p.a. simple interest. After 5 years he returned the principal and interest. If he returned Rs. 16000. What was the principal amount?
A). Rs. 9000
B). Rs. 9500
C). Rs. 10000
D). Rs. 10500
1 answers
Other Questions
1. A sum of Rs. 800 amounts to Rs. 920 in 3 years at simple interest. If the interest rate is increased by 3%, it would amount to how much?
2. If the simple interest on a certain sum of money is 4/25th of the sum and the rate percent equals the number of years, then the rate of interest per annum is:
3. A man invests a certain sum of money at 6% per annum simple interest and another sum at 7% per annum simple interest. His income from interest after 2 years was Rs. 354. One-forth of the first sum is
4. Mr. Prakash borrowed a sum of Rs. 10000 from a finance company for 6 years at 8% per annum. The amount returned by Mr. Prakash to the finance company is:
5. A sum of money becomes eight times in 3 years, if the rate is compounded annually. In how much time will the same amount at the same compound rate become thirty-two times?
6. A sum of money trebles itself in 15 years 6 months. In how many years would it double itself?
7. David invested certain amount in three different schemes A, B and C with the rate of interest 10% p.a., 12% p.a. and 15% p.a. respectively. If the total interest accrued in one year was Rs. 3200 and t
8. A person took some amount with some interest for 2 years, but increase the interest for 1%, he paid Rs.120/- extra, then how much amount he took?
9. On a certain sum of money, a man paid an interest of Rs. 12185.80 after 3 years at a rate of 6% per annum compounded annually. Find the sum.
10. If A lends Rs. 3500 to B at 10% p.a. and B lends the same sum to C at 11.5% p.a., then the gain of B (in Rs.) in a period of 3 years is
