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If a sum of Rs 3000 is lent out at 3% ...

If a sum of Rs 3000 is lent out at 3% per annum for 20 years under simple interest, then the amount at the end of 20th year is (a) Rs 1800  (b) Rs 1080 (c) Rs 3600  (d) Rs 4800

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If a sum of Rs 2000 is lent out at 2% per annum for 10 years under simple interest, then the amount is Rs 1400 (b) Rs 2400 Rs 200 (d) Rs 1500

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Knowledge Check

  • Rs3000 is lent out at 3% per annum for 20 years under simple interest. Calculate the amount (inRs).

    A
    1800
    B
    1080
    C
    3600
    D
    4800

  • Rs2000 is lent out at 2% per annum for 10 years under simple interest. Calculate the amount (inRs).

    A
    1400
    B
    2400
    C
    200
    D
    1500

  • Calculate the amount on Rs. 20000 at 5% per annum for 5 years under simple interest (in Rs. )

    A
    5000
    B
    25000
    C
    24000
    D
    20000

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    Find the amount to be received after 2 years 6 months at the rate of 5% p.a. of simple interest on a sum of Rs 3200. (a) Rs 3800 (b) Rs 3500 (c) Rs 3600 (d) Rs 3900

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