A sum of money amounts to Rs. 9800 after 5 years and Rs. 12005 after 8 years at the same rate of simple interest. The rate of interest per annum is:
- (A) 5%
- (B) 8%
- (C) 12%
- (D) 15%
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What will be the ratio of simple interest earned by a certain amount at the same rate of interest for 6 years and that for 9 years?
- (A) 1:3
- (B) 1:4
- (C) 2:3
- (D) Data inadequate
- (E) None of these
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A certain amount earns simple interest of Rs. 1750 after 7 years. Had the interest rate been 2% more, how much more interest would it have earned?
- (A) Rs. 35
- (B) Rs. 245
- (C) Rs. 350
- (D) Rs. Can Not Be Determined
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A person borrows Rs. 5000 for 2 years at 4% p.a. simple interest. He immediately lends it to another person at 6% p.a for 2 years. Find his gain in the transaction per year.
- (A) Rs. 112.50
- (B) Rs. 125
- (C) Rs. 150
- (D) Rs. 167.50
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