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 ? By Editor No Comment Answer : B. 1250
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 %...