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An automobile financier claims to be ...

An automobile financier claims to be lending money at simple interest, but he includes the interest every six months for calculating the principal. If he is charging an interest of 10%, the effective rate of interest becomes (a) 10%         (b) 10.25%     (c) 10.5%     (d) None of these

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RS AGGARWAL-SIMPLE INTEREST-All Questions
  1. The simple interest on a sum of money will be Rs 600 after 10 years...

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  2. The simple interest on Rs 10 for 4 months at the rate of 3 paise pe...

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  3. An automobile financier claims to be lending money at simple intere...

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  4. A sum of money at simple interest amounts to Rs 815 in 3 years and ...

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  5. A sum of money lent out at simple interest amounts to Rs 720 after ...

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  6. A sum of money amounts to Rs 5200 in 5 years and to Rs 5680 in 7 ye...

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  7. A sum of money becomes Rs 20925 in 2 years and Rs 24412.50 in 5 yea...

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  8. A certain sum of money at simple interest amounts to Rs 1012 in 2 1...

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  9. In how many years will a sum of money double itself at 18.75% per a...

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  10. At what rate percent of simple interest will a sum of money double ...

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  11. The rate at which a sum becomes four times of itself in 15 years at...

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  12. A sum of money at a simple rate of interest i1 , doubles in 5 ye...

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  13. A sum of money at simple interest doubles in 7 years. It will becom...

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  14. A sum of money trebles itself in 15 years 6 months. In how many yea...

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  15. If a sum doubles in 16 years, how much will it be in 8 years? 1 1/2 ...

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  16. Consider the following statements If a sum of money is lent at s...

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  17. The simple interest on a sum of money at 8% per annum for 6 years i...

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  18. At what rate percent per annum will the simple interest on a sum of...

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  19. In how much time would the simple interest on a certain sum be 0.12...

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  20. How long will it take a sum of money invested at 5% p.a. S.I. to in...

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