Challenger App

No.1 PSC Learning App

★
★
★
★
★
1M+ Downloads
A sum, when invested at 10% simple interest per annum, amounts to ₹4080 after 2 years. What is the simple interest (in ₹) on the same sum at the same rate of interest in 1 year?

A680

B1360

C170

D340

Answer:

D. 340

Read Explanation:

image.png

Related Questions:

Find the simple interest (in ₹) on ₹2000 as a sum borrowed at 7% per year rate of interest for 4 years.
The simple interest on a sum of money is 3/5 of the principal in 12 years. What is the rate of interest per annum?
A sum invested at 5% simple interest per annum grows to ₹806 in 6 years If the amount remains the same how much will it grow at a 12% simple interest rate in 5 years?
A specific amount of money is loaned out at a simple interest rate, resulting in ₹15,000 in 2 years and ₹20,000 in 4 years. The rate percentage per annum is:
5 വർഷത്തേക്ക് പ്രതിവർഷം 7% പലിശ നിരക്കിൽ കടമെടുത്ത ₹3000 എന്ന തുകയുടെ സാധാരണ പലിശ (₹) കണ്ടെത്തുക.