A) 8 years
B) 2.5 years
D) 3.5 years
- If the interest on Rs. 800 in 2 years is more than the interest on Rs. 400 by Rs. 40 in 2 years, find the rate of simple interest.
- Kabir paid Rs. 9600 as interest on a loan he took 5 years ago at a 16% rate of simple interest. What was the amount he took as a loan?
- A sum of Rs.12,500 amounts to Rs. 15,500 in 4 years at the rate of simple interest. What is the rate of interest?
- A sum of money at simple interest amounts to Rs 815 in 3 years and to Rs 854 in 4 years The sum is: