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Description for Correct answer: Hence interest =\( \Large 5 \times \frac{2}{5}=2 units \) Time = 10 years, By using formula, Rate% =\( \Large \frac{2}{5} \times \frac{100}{10}=4 \)% Part of solved Simple and compound interest questions and answers : >> Aptitude >> Simple and compound interest
► MCQ Exam ON : Simple Interest
At what rate percent per annum will the simple interest on a sum of money be 2/5 of the amount in 10 years?
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Answer: Option D Explanation: Let sum = x Similar Questions : 1. If A lends Rs. 3500 to B at 10% p.a. and B lends the same sum to C at 11.5% p.a., then the gain of B (in Rs.) in a period of 3 years is
Answer: Option D Explanation: We need to calculate
the profit of B. \begin{aligned} 2. What will the ratio of simple interest earned by certain amount at the same rate of interest for 6 years and that for 9 years.
Answer: Option D Explanation: Let the principal be P and rate be R then \begin{aligned} = \frac{6PR}{9PR} = 2:3 3. At what rate percent per annum will the simple interest on a sum of money be 2/5 of the amount in 10 years
Answer: Option D Explanation: Let sum = x 4. Find the rate at Simple interest, at which a sum becomes four times of itself in 15 years.
Answer: Option B Explanation: Let sum be x and rate be r% => r = 20% 5. We have total amount Rs. 2379, now divide this amount in three parts so that their sum become equal after 2, 3 and 4 years respectively. If rate of interest is 5% per annum then first part will be ?
Answer: Option B Explanation: Lets assume that three parts are x, y and z. From question we can conclude that, x + interest (on x) for 2 years = y + interest (on y) for 3 years = z + interest (on y) for 4 years \begin{aligned} \text{lets assume k = }\frac{11x}{10} =
\frac{23y}{20} = \frac{6z}{5} \\ Read more from - Simple Interest Questions Answers At what rate percent will the simple interest on a sum of money be 2/5 of the amount in 10 years?∴ Rate is 4% per annum.
At what rate is simple interest a sum of money 2 5?or r=520=4%
At what rate percent per annum simple interest will a sum double itself in 10 years?Hence the required rate in which the sum becomes double itself in 10 years is 10%.
At what rate percent per annum will the simple interest on a sum of money be?The simple interest on a sum of money is 8/25 of the sum. If the number of years is numerically half the rate percent per annum, then the rate percent per annum is. The simple interest on a sum of money is `(8)/(25)` of the sum.
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