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 : 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 : A person deposited Rs. 500 for 4 years and Rs. 600 for 3 years at the same rate of simple interest in a bank. Altogether he received Rs. 190 as interest. The rate of simple interest per annum was:

Option 1: 4%

Option 2: 5%

Option 3: 2%

Option 4: 3%

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

Question : Rohan borrows a certain sum at simple interest. The rate of interest is 3 percent per annum for the first 3 years, 4 percent per annum for the next 5 years, and 6 percent per annum for the next 7 years. If he paid Rs. 2485 as interest, then what is the sum borrowed?

Option 1: Rs. 2500

Option 2: Rs. 3500

Option 3: Rs. 4000

Option 4: Rs. 3600

Question : A sum of Rs. 600 becomes Rs. 840 at simple interest in 4 years. In how many years will the sum of Rs. 1500 amount to Rs. 2100 at the same rate of simple interest?

Option 1: 5 years

Option 2: 4 years

Option 3: 2 years

Option 4: 3 years