Question : A person lends a certain sum of money at the annual rate of 8% on simple interest and the interest received in 9 years is INR 560 less than the sum lent. What is the sum lent?

Option 1: INR 560

Option 2: INR 1,000

Option 3: INR 2,000

Option 4: INR 1,120

Question : Raja borrowed INR 15,000 on simple interest at the rate of 13% per annum and lent it on compound interest at the rate of 15% per annum, compounded annually. What is Raja's gain in two years?

Option 1: INR 1,080.00

Option 2: INR 1,125.00

Option 3: INR 937.50

Option 4: INR 865.50

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 : At a certain rate of simple interest per annum, a certain sum amounts to INR 24,000 in 7 years and to INR 32,000 in 12 years. What is the rate of simple interest paid per annum?

Option 1: 15%

Option 2: 25%

Option 3: 12.5%

Option 4: 20%

Question : In how many years will the simple interest on a sum of Rs. 6000 lent at 5% per annum be equal to the simple interest on a sum of Rs. 2000 lent for 30 years at 4% per annum?

Option 1: 6 years

Option 2: 12 years

Option 3: 20 years

Option 4: 8 years