Home
Class 14
MATHS
The sum of simple interest on a principa...

The sum of simple interest on a principal at 8% p.a. for 4 years and 8 years is Rs960. The principal is:

A

Rs 900

B

Rs 1000

C

Rs 800

D

Rs 1100

Text Solution

Verified by Experts

The correct Answer is:
B
Promotional Banner

Similar Questions

Explore conceptually related problems

Compound interest on Rs 1000 at 8% p.a. for 2 years is

The simple interest on a certain sum for 3 years at 8% p.a is Rs 90 more than simple interest at 9% p.a for 2 years on the same sum. The sum is (in rupees)

The simple interest on a certain sum of money at the rate of 8% p.a. for 9 years is Rs2880. At what rate of interest can the same amount of simple interest be received on the same sum in 6years?

The simple interest on a certain sum of money at the rate of 5% p.a. for 8 years is Rs 840. At what rate of interest the same amount of interest can be received on the same sum after 5 years? (a) 6% (b) 8% (c) 9% (d) 10%

If the simple interest on a certain sum for 1.5 years at 8% p.a, is, Rs 360. Find the compound interest on the same sum for 5 the same rate of interest but double the time?

If the difference between the compound interest and the simple interest earned on a sum of money at the rate of 8% p.a. for two years is Rs. 20. What is the Principal ? .