Bank A provides loan at 5% per annum at simple interest and Bank B provides loan at the same rate for the same period, compounded annually. Then, which bank is preferable for a person to take a loan ?

A' provides loan at the rate of 7% per annum, simple interest and 'B' provides loan at the rate of 5% per annum, compound interest. Between 'A' and 'B', who gets more profit ?

Bank P provides loan at 10% per annum simple interest, and bank Q provides loan at 20% per annum, simple interest. Vinay borrowed Rs 1000 for 2 years from blank P, Kumar borrowed Rs 1000 for 2 years from bank Q. How much extra interest Kumar have to pay?

The Bank Rate is the rate of interest at which the Reserve Bank of India provides loans to the:

If the simpe interest on a sum of money at 5% per annum for 3 years is Rs 1200 then the compound interest on the same sum for the same period at the same rate will be

To repay a loan of Rs6450 at a rate of simple interest of 5% per annum in 4 years, find the amount of each instalment.

A person , giving two equal loans, one at a rate of simple interest of 8% per annum and the other at a rate of simple interst of 6% per annum, earns a total interest of Rs756 after a period of time of 18 months. Find the total amount of money he has given as loan.

Ashish borrowed a sum of money from a nationalised bank at 12% simple interest per annum and the same amount at 10% simple interest per annum both for the same period. He cleared the first loan 6 months before the scheduled date of repayment and repaid the second loan just at the end of the scheduled period. If in each case he had to pay Rs 3250 as amount then how much and for what time did he borrow?