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Simple interest is calculated on the (or...

Simple interest is calculated on the (original) principal for the entire loan period. (True or False)

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SIMPLE INTEREST If interest is calculated uniformly on the original principal throughout the loan period it is called simple interest.

The simple interest on a principal is one-fifth of the given principal at the end of five years. What is the rate of interest per annum?

The simple interest accrued in 3 yr on a principal of Rs 25000 is three-twentieth the principal. What is the rate of simple interest percent per annum?

An automobile financer 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 at the rate of 10%, the effective rate of interest becomes

The difference between the compound interest and the simple interest on a certain sum for 2 years is equal to the interest calculated for 1 year on one year's simple interest. (True / False).

The simple interest accrued in 2 years on a principal of 24000 is one-eighth the principal. What is the rate of simple interest per cent per annum ?

PEARSON IIT JEE FOUNDATION-SIMPLE INTEREST AND COMPOUND INTEREST -Very Short Answer Type Questions
  1. In what time will a sum double itself at 4% per annum, at simple inter...

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  2. The extra money paid by a borrower for using another person's money is...

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  3. Simple interest is calculated on the (original) principal for the enti...

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  4. In calculating the time for charging the interest, the day on which th...

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  5. Simple interest on a principal of Rs. 100 for 2 years at the rate of 5...

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  6. When the interest is calculated annually, simple interest and compound...

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  7. A sum of Rs. 2000 amounts to Rs. 3000 in two years at simple interst. ...

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  8. In compound interest, principal changes periodically.

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  9. Find the compound interest on Rs. 1000 at 5% per annum for one year, c...

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  10. Compound interest for one year on Rs. 400 calculatedd half yearly at 1...

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  11. A person borrowed Rs. 100 at the rate of 10% per annum, compounded ann...

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  12. A' provides loan at the rate of 7% per annum, simple interest and 'B' ...

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  13. The time period after which interest is added each time to form a new ...

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  14. Bank A provides loan at 5% per annum at simple interest and Bank B pro...

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  15. If P is the principal, R is the rate of interest per annum and n is th...

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  16. A certain sum becomes Rs. 2400 in 10 years at the rate of 2% per annum...

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  17. A certain sum amounts to Rs. 320 at 6% per anuum simple interest and t...

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  18. If P = Rs. 2500, R=20% per annum, then in what time will it amount to ...

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  19. A certain sum amounts to Rs. 4800 in 4 years and to Rs. 5250 in 5 year...

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  20. In how many years, will Rs. 2200 amount to Rs. 2266 when money is borr...

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