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Posted By: nemo       Member Level: Diamond       Posted Date: 27 May 2007       Category: Aptitude Test

If the annual rate of simple interest increases from 10% to 12.5%, a man's yearly income increases by Rs. 1250. His principal (in Rs.) is :



Select Answer:

45,000
50,000
60,000
65,000




      
Your Test Score: 0 / 0



Next Question: A person borrows Rs. 5000 for 2 years at 4% p.a. simple interest. He immediately lends it to another person at 6.25% p.a. for 2 years. Find his gain in the transaction per year.
Previous Question: If the rate increases by 2%, the simple interest received on a sum of money increases by Rs. 108. If the time period is increased by 2 years, the simple interest on the same sum increases by Rs. 180. The sum is :
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