Table of Contents
- 1 At what rate of simple interest will a sum of money amount 7 4 of itself in 6 years?
- 2 At what rate will an amount become 7 4 of itself in 5 years?
- 3 In what time will a sum of money double itself at 8\% pa?
- 4 At what rate of interest will a sum of money double itself in 8 years?
- 5 What is the rate of interest on a sum of money?
- 6 What rate of interest per annum becomes 5 times itself?
At what rate of simple interest will a sum of money amount 7 4 of itself in 6 years?
Interest = (700/4)-100 = Rs. 300/4; Hence, Rate = Total interest/ given time = 300/4*6 = 12(1/2)\%.
At what rate will an amount become 7 4 of itself in 5 years?
Thus, the rate of interest is → 15\%.
At what rate of simple interest per annum will a sum become 74 of itself in 4 years?
Q9. A sum of Rs. 1200 becomes Rs. 1560 at a rate of simple interest in 3 years.
What time will Rs 25 become Rs 37 at PA simple interest?
Q.5.In what time will Rs. 25 become Rs. 37 at \% p.a. simple interest? Explanation: Interest = 66 – 60 = 6 therefore, 6 = 60/100 x R x 4/12 ⇒ R= 30\%.
In what time will a sum of money double itself at 8\% pa?
Answer: 10 years. Formula : So, a sum of money double itself at 8\% p.a in 10 years.
At what rate of interest will a sum of money double itself in 8 years?
12.5\% per annum
According to Simple Interest (S.I) formula. . Where P is principal amount, R is rate of interest and T will be time period. Hence, the rate of interest to double a money in 8 years will be 12.5\% per annum.
What time will be required for a sum of money to double itself at 8\% simple interest Give your answer to nearest year?
The result is the number of years, approximately, it’ll take for your money to double. For example, if an investment scheme promises an 8\% annual compounded rate of return, it will take approximately nine years (72 / 8 = 9) to double the invested money.
How does a sum of money become 7/4 of itself in 6 years?
A sum of money becomes 7/4 of itself in 6 years at a certain rate of simple interest. Find the rate of interest. Let sum is Rs. 100 ,then it become 7/4 times i.e. Rs. 700/4 in 6 years.
What is the rate of interest on a sum of money?
Hence, Rate = Total interest/ given time = 300/4*6 = 12 (1/2)\%. A sum of money becomes 7/4 of itself in 6 years at a certain rate of simple interest. Find the rate of interest. Let sum is Rs. 100 ,then it become 7/4 times i.e. Rs. 700/4 in 6 years.
What rate of interest per annum becomes 5 times itself?
Thus at 9.049831\% rate of interest the sum will double itself if compounded annually for 8 years. A sum of money becomes 5 times itself in 20 years at a certain rate of compound interest. What rate of interest per annum becomes four times itself? n= number of years= 20. So X= 0.07178 . n= number of years= 20. So X= 0.07178 .
What is the simple interest on 5000 rupees for 3 years?
Find the simple interest on Rs. 5200 for 2 years at 6\% per annum. Rs. 1200 is lent out at 5\% per annum simple interest for 3 years. Find the amount after 3 years. Interest obtained on a sum of Rs. 5000 for 3 years is Rs. 1500.