Question : The simple interest on a sum of money for 3 years is Rs. 240 and the compound interest on the same sum at the same rate for 2 years is Rs. 170. The rate of interest is:

Option 1: $8$%

Option 2: $29\frac{1}{6}$%

Option 3: $12\frac{1}{2}$%

Option 4: $5\frac{5}{17}$%

Question : A sum of Rs. 800 becomes Rs. 956 in 3 years at a certain rate of simple interest. If the rate of interest is increased by 4%, what amount will the same sum become in 3 years?

Option 1: Rs. 1025

Option 2: Rs. 1042

Option 3: Rs. 1052

Option 4: Rs. 1024

Question : A certain amount of money earns Rs. 540 as a simple interest in 3 years. If it earns a compound interest of Rs. 376.20 at the same rate of interest in 2 years, find the amount (in Rs.):

Option 1: Rs. 1600

Option 2: Rs. 1800

Option 3: Rs. 2000

Option 4: Rs. 2100

Question : At what percentage rate, compound interest compounded annually for a sum of Rs. 40,000, will amount to Rs. 44,100 in two years?

Option 1: 5%

Option 2: 2%

Option 3: 4%

Option 4: 7.5%

Question : A sum of money amounts to INR 1,200 in 2 years and becomes INR 1,260 in 3 years at compound interest when interest is compounded annually. What is the rate of compound interest per annum?

Option 1: 5%

Option 2: 3%

Option 3: 4%

Option 4: 6%