a certain sum of money at simple interest amounts to rs 1260 in 2 years - Interview Questions

a certain sum of money at simple interest amounts to rs 1260 in 2 years

A Certain sum of money amounts to Rs 2500 in a span of 5 years and further to Rs.3000 in a span of 7 years at simple interest. The sum is ?

Answer : B. 1250

If the simple interest on a certain sum of money is 4/25 of the sum and the rate percent equals the number years, then the rate of interest per annum is ?

Answer : A. 4 %…

A certain sum of money amounts to Rs.1300 in 2 years and to Rs. 1525 in 3.5 years. Find the sum and the rate of interest ?

Answer : D. Rs 1000, 15%…