Question : Find the value of the interest earned on a sum of INR 6,000 for 5 years at 8.4% simple interest rate per anmum.

Option 1: INR 2,520

Option 2: INR 2,252

Option 3: INR 2,220

Option 4: INR 2,250

Question : On a certain sum of money, the simple interest for 2 years is INR 150 at the rate of 10% per annum. What is the difference between compound interest and simple interest for 2 years if, in the case of compound interest, interest is compounded annually at the rate of 10% per annum?

Option 1: INR 5

Option 2: INR 10

Option 3: INR 7.5

Option 4: INR 12.5

Question : The compound interest (compounding annually) on a certain sum for 2 years at the rate of 60% per annum is INR 6240. What will be the simple interest on the same sum for 3 years at the same rate of interest?

Option 1: INR 6800

Option 2: INR 7200

Option 3: INR 7100

Option 4: INR 6500

Question : The simple interest on a certain sum of money for 2 years at 7% per annum is double the compound interest on INR 1,000 for 2 years at 10% per annum, compounded annually. What is the sum placed on simple interest?

Option 1: INR 1,000

Option 2: INR 2,000

Option 3: INR 3,000

Option 4: INR 4,000

Question : A sum becomes INR 5400 in 4 years at the rate of 20% per annum on simple interest. What is the sum?

Option 1: INR 3000

Option 2: INR 2500

Option 3: INR 4000

Option 4: INR 2000

Question : A sum becomes INR 12960 in 2 years at the rate of 4% per annum on simple interest. What is the sum?

Option 1: INR 10000

Option 2: INR 12200

Option 3: INR 12000

Option 4: INR 11600