Question : Money was lent on simple interest. After 12 years, its simple interest becomes $\frac{3}{5}$ of the money. Find the rate of interest.

Option 1: 4% p.a.

Option 2: 2% p.a.

Option 3: 5% p.a.

Option 4: 3% p.a.

Question : Interest on calls in arrears is charged according to Table F at-

Option 1: 10%

Option 2: 12%

Option 3: 5%

Option 4: 6%

Question : A sum of Rs. 21850 amounts to Rs. 28623.50 in 5 years at the rate of simple interest. The rate percent is:

Option 1: 7.2% p.a.

Option 2: 4.8% p.a.

Option 3: 6.2% p.a.

Option 4: 6.8% p.a.

Question : In the absence of a partnership deed, Interest on capital

Option 1: is allowed @ 6% p.a.

Option 2: is allowed @ 10% p.a.

Option 3: is allowed at the borrowing rate.

Option 4: is not allowed

Question : In the absence of a partnership deed, Interest on capital

Option 1: is allowed @ 6% p.a.

Option 2: is allowed @ 10% p.a.

Option 3: is allowed at the borrowing rate.

Option 4: is not allowed