Question : On a sum of money for 2 years compound interest and simple interest are INR 550 and INR 500. Find the rate of interest (per annum).

Option 1: 40%

Option 2: 10%

Option 3: 20%

Option 4: 30%

Question : The simple interest on a sum of money in 6 years at the rate of 15% per annum is INR 1,440 less than the simple interest accrued on the same sum in 9 years at 18% per annum. What is the sum of money (in INR)?

Option 1: 1800

Option 2: 2000

Option 3: 2700

Option 4: 2400

Question : If the difference between the compound interest and simple interest on a certain sum of money for 3 years at the rate of 4% per annum is INR 76, then what is the sum?

Option 1: INR 16,725

Option 2: INR 12,925

Option 3: INR 15,625

Option 4: INR 18,825

Question : The simple interest on a certain sum for 3 years at 8% per annum is INR 9120 less than the simple interest on the same sum for 7 years at 8% per annum. Find the sum.

Option 1: INR 28,500

Option 2: INR 28,250

Option 3: INR 28,750

Option 4: INR 28,000

Question : A sum of INR 12,000 amounts to INR 15,000 in 5 years at the rate of simple interest. What is the rate of interest per annum?

Option 1: 8%

Option 2: 7%

Option 3: 6%

Option 4: 5%