Question : What is the simple interest on INR 4,840 at 6% per annum for 10 years?

Option 1: INR 6,840

Option 2: INR 8,462

Option 3: INR 2,904

Option 4: INR 3,540

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 : A sum of INR 900 is divided into two parts such that the interest on the first part at 4% simple interest per annum and that on the other part at 2% simple interest per annum are equal. What is the interest accumulated on each part in a year?

Option 1: INR 18

Option 2: INR 6

Option 3: INR 12

Option 4: INR 20

Question : What will be the ratio of the simple interest on 1,000 for 2 years at 5% per annum to the simple interest on the same sum for the same period at 10% per annum?

Option 1: 2 : 1

Option 2: 3 : 1

Option 3: 1 : 2

Option 4: 1 : 3

Question : A sum becomes INR 12960 in 2 years at the rate of 4% per annum on simple interest. What is the sum?

Option 1: INR 10000

Option 2: INR 12200

Option 3: INR 12000

Option 4: INR 11600