Alok deposits Rs.5000 in his bank account for 5 years to earn an interest of 12%. What amount will he get after 5 years ? By Editor No Comment Answer : D . 8000
The simple interest earned on a certain amount is double the amount when invested for 10 years. What is the interest rate being offered ? By Editor No Comment Answer : B. 20%
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 ? By Editor No Comment Answer : A. 4 %...