Question : A sum of Rs. 600 becomes Rs. 840 at simple interest in 4 years. In how many years will the sum of Rs. 1500 amount to Rs. 2100 at the same rate of simple interest?

Option 1: 5 years

Option 2: 4 years

Option 3: 2 years

Option 4: 3 years

Question : At the same rate of simple interest sum of the interest of Rs. 300 for 4 years and the interest of Rs. 400 for 3 years is 120. The rate of interest is:

Option 1: 5%

Option 2: 4%

Option 3: 6%

Option 4: 10%

Question : A sum of Rs. 11,500 amounts to Rs. 12,880 in 2 years at the rate of simple interest. What is the rate of interest?

Option 1: 6% per annum

Option 2: 4% per annum

Option 3: 8% per annum

Option 4: 10% per annum

Question : A sum of Rs. 2,400 amounts to Rs. 3,264 in 4 years at a certain rate of simple interest. If the rate of interest is increased by 1%, the same sum at the same time would amount to:

Option 1: Rs. 3,288

Option 2: Rs. 3,312

Option 3: Rs. 3,340

Option 4: Rs. 3,360

Question : In how many years will the simple interest on a sum of Rs. 6000 lent at 5% per annum be equal to the simple interest on a sum of Rs. 2000 lent for 30 years at 4% per annum?

Option 1: 6 years

Option 2: 12 years

Option 3: 20 years

Option 4: 8 years