Q1 · hard · AI-verified
A man borrowed ₹8000 from a bank at 15% simple interest per annum. He lent this money to his friend at 18% simple interest per annum. What is his profit after 3 years?
- ₹720
- ₹760
- ₹800
- ₹840
Q2 · hard · AI-verified
The difference between simple interest and compound interest on ₹5,000 for 2 years at 12% per annum is ₹72. What would be the simple interest on the same sum for 3 years at the same rate?
- ₹1,600
- ₹1,800
- ₹2,000
- ₹1,500
Q3 · hard · AI-verified
A man invests ₹6,000 at simple interest for 4 years. He gets back ₹8,400. If he had invested the same amount for 6 years at the same rate, what amount would he get back?
- ₹9,600
- ₹8,800
- ₹10,200
- ₹9,000
Q4 · hard · AI-verified
At what rate percent per annum will ₹2000 amount to ₹2662 in 3 years at simple interest?
- 10%
- 11%
- 12%
- 13%
Q5 · hard · AI-verified
If ₹6000 amounts to ₹7200 in 2 years at simple interest, what will be the simple interest on ₹9000 for 3 years at the same rate?
- ₹2700
- ₹3000
- ₹3300
- ₹3600