Question : How much simple interest will Rs. 4000 earn in 18 months at 12% per annum?

Option 1: Rs. 216

Option 2: Rs. 360

Option 3: Rs. 720

Option 4: Rs.960

Question : In how many years will a sum of Rs. 3000 yield an interest of Rs.1080 at 12% per annum simple interest?

Option 1: $4$ years

Option 2: $3$ years

Option 3: $5$ years

Option 4: $2\frac{1}{2}$ years

Question : Prakash lends a part of Rs. 20,000 at 8% simple interest and the remaining at $\frac{4}{3}\%$ simple interest. His total income after a year was Rs. 800. Find the sum lent at 8%.

Option 1: Rs. 8,000

Option 2: Rs. 12,000

Option 3: Rs. 6,000

Option 4: Rs. 10,000

Question : The difference between Simple and Compound Interest (compounded annually) on Rs. 40,000 for 3 years at 8% per annum is:

Option 1: Rs. 684.32

Option 2: Rs. 788.48

Option 3: Rs. 784.58

Option 4: Rs. 4,000

Question : A certain sum becomes Rs. 1020 in 5 years and Rs. 1200 in 8 years at simple interest. What is the value of the principal?

Option 1: Rs. 820

Option 2: Rs. 780

Option 3: Rs. 700

Option 4: Rs. 720