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
If the simple interest on a certain sum for 6 years at 9% per annum is ₹1,620 less than the principal, find the principal amount.
- ₹3,500
- ₹2,800
- ₹2,500
- ₹3,000
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
A person borrowed ₹15000 at 12% simple interest per annum. After how many years will the amount become ₹25800?
- 5 years
- 6 years
- 7 years
- 8 years
Q5 · hard · AI-verified
A person borrows ₹15,000 at 8% per annum simple interest. After how many years will the amount become ₹21,600?
- 4.5 years
- 5.5 years
- 5 years
- 6 years