The C.I. on a certain sum for 2 years Rs.41 and the simple interest is Rs.40. What is the rate percent?

Related Mcqs:

At the end of three years what will be the compound interest at the rate of 10% p.a. on an amount of Rs.20000?

A. Rs.6620 B. Rs.6500 C. Rs.6800 D. Rs.6400...

A sum of money amounts to Rs. 10648 in 3years and Rs. 9680 in 2 years. The rate of interest is_________?

A. 5 % B. 10 % C. 15 % D. 20 %...

A sum of money placed at compound interest doubles itself in 5 years in how many years it would to 8 times of itself at the same rate of interest?

A. 7 years B. 10 years C. 15 years D. 20 years...

The difference between simple interest and compound on Rs. 1200 for one year at 10% per annum reckoned half-yearly is:________?

A. Rs. 2.50 B. Rs. 3 C. Rs. 3.75 D. Rs. 4...

Rayan invested certain amount for two rates of simple interests at 6% p.a. and 7% p.a. What is the ratio of Rayan’s investments if the interests from those investments are equal?

A. 4 : 3 B. 3 : 2 C. 6 : 5 D. 7 : 6 E. None of these...