The simple interest on a sum of ₹3,600 for 3 years and 4 months is ₹840. The rate of interest per annum is:
A6%
B8%
C9%
D7%
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Related Questions:
Kabir paid Rs. 9600 as interest on a loan he took 5 years ago at 16% rate of simple interest. What was the amount he took as loan?
Rs.12000 invested at 10% Simple Interest and another investment at 20% Simple Interest together give a 14% income on the total investment in one year. Find the total investment.
7000 രൂപയിൽ കുറച്ച് തുക പ്രതിവർഷം 6% നിരക്കിലും ബാക്കി 4% നിരക്കിലും വായ്പയായി നൽകി. 5 വർഷത്തിനുള്ളിൽ സധാരണ പലിശ 1800 രൂപാ കിട്ടി എങ്കിൽ, 6% നിരക്കിൽ വായ്പയായി നൽകിയ തുക എത്രയെന്ന് കണ്ടെത്തുക
A certain sum of money lent out on simple interest amounts to Rs. 1760 in 2 years and to Rs.2000 in 5 years. Find the sum?
Two banks, A and B, offered loans at 3.5% and 6% per annum, respectively. Ajay borrowed an amount of ₹340000 from each bank. Find the positive difference between the amounts of simple interest paid to the two banks by Ajay after 3 years