Question : A sum of Rs. 14500 will become Rs. 16675 in 36 months at some rate of simple interest. What is the rate of interest per annum?

Option 1: 6% per annum

Option 2: 5% per annum

Option 3: 4% per annum

Option 4: 7% per annum

Question : A sum of Rs. 11,500 amounts to Rs. 12,880 in 2 years at the rate of simple interest. What is the rate of interest?

Option 1: 6% per annum

Option 2: 4% per annum

Option 3: 8% per annum

Option 4: 10% per annum

Question : Simple interest on a sum for eight months at the rate of 8 percent per annum is Rs. 240. What is the value of the sum?

Option 1: Rs. 7500

Option 2: Rs. 6000

Option 3: Rs. 7200

Option 4: Rs. 4500

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 person lends a certain sum of money at the rate of 6% per annum on simple interest and the interest received in 13 years is Rs. 220 less than the sum lent. What is the sum lent?

Option 1: Rs. 1000

Option 2: Rs. 600

Option 3: Rs. 800

Option 4: Rs. 1200