App Logo

No.1 PSC Learning App

1M+ Downloads
What sum of money must be given at simple interest for six months at 4% per annum in order to earn Rs. 150 interest?

A4500

B5000

C6000

D7500

Answer:

D. 7500

Read Explanation:

150=P×(4/100)×1/2 150=P/50 P=7500


Related Questions:

ഒരു വ്യക്തി നിശ്ചിത തുകയായ 6351 രൂപ 7 വർഷത്തേക്ക് 5% വാർഷിക പലിശ നിരക്കിൽ ബാങ്കിൽ നിക്ഷേപിച്ചു. അത്രയും വർഷത്തേക്കുള്ള സാധാരണ പലിശ കണക്കാക്കുക :
A sum, when invested at 10% simple interest per annum, amounts to ₹3360 after 2 years. What is the simple interest (in ₹) on the same sum at the same rate of interest in 1 year?
Palak has Rs. 18000 in her account. After giving this money to Suman on simple interest, Palak received the double amount after 8 years. If the interest rate is 10 more than the previous, in how many years this amount will be doubled?
A certain sum amounts to Rs. 22,494 in 7 years at x% per annum on simple interest. If the rate of simple interest per annum had been (x + 4)%, the amount payable after 7 years would have been Rs. 25,917. Find the sum invested.
A sum, when invested at 10% simple interest per annum, amounts to ₹4560 after 2 years. What is the simple interest (in ₹) on the same sum at the same rate of interest in 1 year?