A man deposited a sum of money to a bank at 9% simple interest p.a. The total interestthat he will get at the end of 5 years is 1,620. The deposited amount is

Question:

A man deposited a sum of money to a bank at 9% simple interest p.a. The total interestthat he will get at the end of 5 years is 1,620. The deposited amount is

A.

6,000

B.

4,000

C.

3,600

D.

4,400

Answer» c. 3,600

Note: The above multiple-choice question is for all general and Competitive Exams in India

In a certain time Rs. 1400 becomes Rs. 1848 at 8% p.a. simple interest. When 2,100will become 2,604 at the same time, the rate of interest is

Question:

In a certain time Rs. 1400 becomes Rs. 1848 at 8% p.a. simple interest. When 2,100will become 2,604 at the same time, the rate of interest is

A.

8.2%

B.

7%

C.

10%

D.

6%

Answer» d. 6%

Note: The above multiple-choice question is for all general and Competitive Exams in India