A. 2.3 m
B. 4.6 m
C. 7.8 m
D. 9.2 m
Category: Arithmetic/ Basic Math
What will be the ratio of simple interest earned by a certain sum at the same rate of interest for 6 years to that for 9 years?
A. 1 : 3
B. 1 : 4
C. 2 : 3
D. Data inadequate
A sum of money trebles itself in 15 years and 6 months at simple interest. In how many years will it double itself at the same rate?
A. 6 years 3 months
B. 7 years 9 months
C. 8 years 3 months
D. 9 years 6 months
A man took a loan from a bank at 12% per annum simple interest. After 3 years, he had to pay Rs. 5,400 as interest for the period. What was the principal amount borrowed?
A. Rs. 2,000
B. Rs. 10,000
C. Rs. 15,000
D. Rs. 20,000
