Question : A sum becomes Rs.15,500 in 7 years on simple interest at the rate of 30 percent per annum. What is the total interest for the 7 years?

Option 1: Rs. 12,200

Option 2: Rs. 1,47,000

Option 3: Rs. 10,500

Option 4: Rs. 11,500

Question : In how much time will a sum of Rs. 5250 amount to Rs. 9870 at the rate of 11% per annum at simple interest?

Option 1: 8 years

Option 2: 14 years

Option 3: 12 years

Option 4: 15 years

Question : In how much time will a sum of Rs. 10200 amount to Rs. 19125 at the rate of 12.5% per annum at simple interest?

Option 1: 6 years

Option 2: 5 years

Option 3: 8 years

Option 4: 7 years

Question : The difference between compound interest and simple interest on an amount of Rs. 15,000 for 2 years is Rs. 96. The rate of interest per annum is:

Option 1: 6%

Option 2: 7%

Option 3: 8%

Option 4: 9%

Question : INR 2,500, when invested for 8 years at a given rate of simple interest per year, amounted to INR 3,725 on maturity. What was the rate of simple interest that was paid per annum?

Option 1: 6%

Option 2: 6.125%

Option 3: 6.25%

Option 4: 5.875%