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A sum of Rs 12 ,000 was taken at simple ...

A sum of Rs 12 ,000 was taken at simple interest at some rate. After four months, Rs 6,000 more was added and the total principal was charged at double the earlier rate of interest. At the end of the year, if the to tal interest was '2,800, what was the initial rate of interest?

A

0.14

B

0.16

C

0.12

D

0.1

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PINNACLE-SIMPLE INTEREST-EXERCISE
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  2. A person deposits Rs8,000 in a bank which pays 8% p.a. simple interest...

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  3. A sum of Rs 12 ,000 was taken at simple interest at some rate. After f...

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  4. A man takes a loan of some amount at some rate of simple interest. Aft...

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  5. Find a simple interest of ₹ 74,000 at 18 2/3% % per annum for a period...

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  6. In how many years and months will a sum of Rs24 become Rs56 at 16% sim...

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  7. In how many years will a sum of Rs5,000 yield a simple interest of Rs2...

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  8. A person invested a total of ₹ 9,000 in three parts at 3%, 4% and 6% p...

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  9. At which rate of simple interest does an amount become double in 12 ye...

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  10. A person borrowed Rs.1,200 at 8% p.a. and Rs 1,800 at 10% p.a. as simp...

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  11. The sum of simple interest on a principal at 8% p.a. for 4 years and 8...

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  12. A man took a loan from a bank at the rate of 11% p.a. simple interest....

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  13. A sum of money amounts to Rs.7500 in 5 years, and to 8,500 in 7 years ...

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  14. A sum at simple interest becomes two times in 8 years at a certain rat...

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  15. If the total simple interest on a sum of Rs.1400 for 4 years at rate o...

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  16. The difference of simple interest on a sum of money for 8 years and 10...

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  17. Latha deposited an amount of Rs35,000 in a bank with simple interest 1...

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  18. A man has Rs 10,000. He lent a part of it at 15% simple interest and t...

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  19. If the present amount is Rs 87,750 with 8% rate of interest in four ye...

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  20. A person borrows Rs7,000 for 3 years at 5% p.a. simple interest. He im...

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