Question : How much time will it take for an amount of INR 600 to yield INR 54 as interest at 3% per annum of simple interest?

Option 1: 1 year

Option 2: 2 years

Option 3: 4 years

Option 4: 3 years

Question : How much time will it take for an amount of Rs. 450 to yield Rs. 47.25 as interest at 3.5% per annum of simple interest?

Option 1: 1 year

Option 2: 2 years

Option 3: 3 years

Option 4: 4 years

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 : 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 difference between the compound interest and the simple interest on an amount of INR 1,500 for 2 years, at a given rate of interest per annum, is INR 60. What is the rate of interest per annum, if in the case of compound interest, the interest is compounded annually?

Option 1: 20%

Option 2: 15%

Option 3: 25%

Option 4: 12.5%

Question : At what time does a sum of money amount to twice itself at the simple interest of 25% per annum?

Option 1: 8 years

Option 2: 2 years

Option 3: 4 years

Option 4: 10 years