The simple interest on ₹1,280 at 5% p.a. for 3 years is:
A480
B192
C195
D180
No.1 PSC Learning App
★
★
★
★
★
Related Questions:
Gokul took a certain amount as a loan from a bank at the rate of 8% simple interest per annum and gave the same amount to Alok as a loan at the rate of 12% simple interest per annum. If at the end of 12 years, he made a profit of Rs. 480 in the deal, what was the original amount?
Find the simple interest (in ₹) on ₹2000 as a sum borrowed at 9% per year rate of interest for 2 years.
Varun invests a sum of ₹5400 and Ashish invests a sum of ₹9400 at the same rate of simple interest per annum. If, at the end of 3 years, Ashish gets ₹960 more interest than Varun, then find the rate of interest per annum (in percentage).
Nitin has ₹1224 with him. He divided it amongst his sons Pravin and Rishi and asked them to invest it at 4% rate of interest compounded annually. It was seen that Pravin and Rishi got same amount after 14 and 15 years respectively. How much (in ₹) did Nitin give to Rishi?
If at same rate of interest, in 2 years, the simple interest is ₹40 and compound interest is ₹44, then what is the principal (in ₹)?