Question : The sum of money that will give Re. 1 as interest per day at the rate of 5% per annum is:

Option 1: Rs. 3650

Option 2: Rs. 36500

Option 3: Rs. 730

Option 4: Rs. 7300

Question : The sum of money that will yield Rs. 60 as simple interest at a rate of 6% per annum in 5 years is:

Option 1: Rs. 200

Option 2: Rs. 225

Option 3: Rs. 175

Option 4: Rs. 300

Question : If the simple interest on a sum of money for 2 years at 5% per annum is Rs. 50, the compound interest on the same at the same rate and for the same time is:

Option 1: Rs. 50.50

Option 2: Rs. 51.25

Option 3: Rs. 51.50

Option 4: Rs. 51.05

Question : Rohan borrowed a certain sum of money at simple interest. The rate of interest was 3% per annum for the first 3 years, 4% per annum for the next 5 years and 6% per annum for the next 7 years. If he paid Rs. 2,059 as interest, then what is the sum borrowed (in Rs.)?

Option 1: 2400

Option 2: 2500

Option 3: 2900

Option 4: 3100

Question : The difference between Compound Interest and Simple Interest on a certain sum of money for 2 years at 5% per annum is Rs. 41. What is the total sum?

Option 1: Rs. 7,200

Option 2: Rs. 9,600

Option 3: Rs. 16,400

Option 4: Rs. 8,400

Question : A sum of money invested at compound interest amounts to Rs. 800 in 3 years and to Rs. 840 in 4 years. The rate of interest per annum is:

Option 1: $2\frac{1}{2}$%

Option 2: $4$%

Option 3: $5$%

Option 4: $6\frac{2}{3}$%