Select the correct answerA person borrowed Rs.5,000 at 5% rate of interest per annum and immediately lent it at 5.5%. After two years he collected the amount and settled his loan. What is the amount gained by him in this transaction?OptionsRs.100Rs.50Rs.25Rs.200

The Amount earned on sum of Rs.3,000 in 8months at rate of 20% per annum. If the same amount was given as a loan at rate halved what will be the amount gained in 5 years?

A person took a loan at 5%p.a simple interest during the first year and with an increase of 0.5% simple interest every year from second year onwards. After 4 years, he paid Rs. 4600 as a total interest to settle the loan completely. How much was the loan?(1 Point)Rs. 18000Rs. 20000Rs. 19000Rs. 21000

Select the correct answerTwo equal amounts were borrowed at 5% and 4% simple interest. The total interest after 4 yr amounted to Rs.405. What was the total amount borrowed?OptionsRs.1125Rs.1100Rs.1075Rs.1150

A man borrowed a certain sum of money at the rate of 6 % per annum for the first two years, 9% per annum for the next three years, and 14% per annum for the period beyond 5 years. If he pays a total interest of Rs. 22,800 at the end of 9 years, find the amount he borrowed.

Peter lent some amount of money at 5% simple interest and anequal amount of money at 7% simple interest, each for 3 years. If totalinterest earned on both the sum was Rs 360, what amount was lent in each case?Rs 2000Rs 2500Rs 3600Rs 1000