Click the correct answer (True & False).
Click the correct answer.
What is the time period in which ₹ 2,000 will amount to ₹ 2,800 at the rate of 5% per annum?
8 years
5 years
12 years
10 years
Aman earned ₹ 1,470 as interest after 3 years at 7% per annum. How much did he invest?
₹ 7,000
₹ 6,750
₹ 7,300
₹ 7,865
In how much time will the interest on a sum of money will be half the money at 5% p.a?
10 years
8 years
12 years
15 years
In how much time will the interest be $$\frac{3}{5}$$ of the principal at the rate of 4% per annum?
15 years
9 years
11 years
18 years
What is the rate of interest at which a sum of money will triple itself in 4 years?
50% per annum
25% per annum
100% per annum
49% per annum
What is the simple interest on a loan of ₹ 25,000 at the rate of 7% per year for 3 years?
₹ 5,250
₹ 5,582
₹ 4,359
₹ 4,898
Click the correct answer.
Money borrowed or lent is known as the
.
principal
amount
interest
Extra money paid is known as interest and the total money paid is known as
.
amount
principal
total interest
The total money paid at the end of the time period is known as the
.
amount
principal
interest
Additional money paid for using the borrowed money is known as the
.
simple interest
time
principal
The period for which the money is borrowed is known as the
.
time period
rate of interest
simple interest
