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 a certain sum of money at 10% per annum for 2 years is INR 200. What is the sum of money, if in the case of compound interest, interest is compounded annually?

Option 1: INR 25,000

Option 2: INR 15,000

Option 3: INR 12,000

Option 4: INR 20,000

Question : The difference between the compound interest, when compounded annually, and the simple interest on a certain sum of money for 2 years at 4.2% is INR 8.82. What is the sum?

Option 1: INR 4,500

Option 2: INR 2,100

Option 3: INR 5,000

Option 4: INR 3,000

Question : If on a certain sum, the simple interest for 4 years is INR 2,000, then what is the simple interest for 6 years on the same sum?

Option 1: INR 3,500

Option 2: INR 3,000

Option 3: INR 4,000

Option 4: INR 2,800

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