- Concepts
- Practice Questions
- Important Formulas
- If the simple interest on Re.1 for 1 month is 1 paisa, then the rate percent per annum will be
- 8
Answer is d
2. The amount to be paid, when principle = Rs.2000, rate of simple interest R = 5
Answer is d
3. A certain sum doubles in 7 years at simple interest. For the same interest rate it will become 4 times in how many years
- 28
- 10
- 14
- 21
Answer is d
4. A certain sum of money amounts to Rs.2200 at 5
Answer is b
5. At what percent of simple interest will a sum of money double itself in 15 years?
- 20/3
Answer is a
Read More: Simple Interest Concepts