On a sum of money, the S.I. for 2 years is Rs. 660, while the C.I. is Rs. 696.30, the rate of interest being the same in both the cases. The rate of interest is________?

Related Mcqs:

If the simple interest on a sum of money for 2 years at 5% per annum is Rs. 50, what is the compound interest on the same sum at the rate and for the same time?

A. Rs. 51.25 B. Rs. 52 C. Rs. 54.25 D. Rs. 60...

A sum of money is borrowed and paid back in two annual installments of Rs. 882 each allowing 5% C.I. The sum borrowed was?

A. Rs. 1620 B. Rs. 1640 C. Rs. 1680 D. Rs. 1700...

What will be ratio of simple to compound interest on two same sums invested in SBP at rate of interest of 8% kept for 3 years?

A. 1875/2029 B. 1/2.5 C. 1903/2156 D. 4/9...

The difference between compound and simple interest on a certain sum of money for 3 years at 6 2/3% p.a is Rs.184. Find the sum?

A. Rs.12000 B. Rs.14200 C. Rs.17520 D. Rs.13500...

A man gets a simple interest of Rs.500 on a certain principal at the rate of 5% p.a in two years. Find the compound interest the man will get on twice the principal in two years at the same rate.

A. Rs.500 B. Rs.250 C. Rs.5012.50 D. Rs.5062.50 E. None of these....