Question : Simple interest received by a person in 10 years on a principal of Rs. 8,500 is 180% of the principal. What is the annual rate of interest?

Option 1: 20%

Option 2: 22.5%

Option 3: 25%

Option 4: 18%

Question : Simple interest received by a person in 15 years on a principal of Rs. 6000 is 150 percent of the principal. What is the annual rate of interest?

Option 1: 20 percent

Option 2: 30 percent

Option 3: 10 percent

Option 4: 25 percent

Question : On a certain sum of money, the simple interest for 2 years is INR 150 at the rate of 10% per annum. What is the difference between compound interest and simple interest for 2 years if, in the case of compound interest, interest is compounded annually at the rate of 10% per annum?

Option 1: INR 5

Option 2: INR 10

Option 3: INR 7.5

Option 4: INR 12.5

Question : The simple interest received on a sum for 20 years is $\frac{3}{5}$ of the sum. What is the annual rate of interest?

Option 1: 3%

Option 2: 4%

Option 3: 5%

Option 4: 6%

Question : What is the simple interest on a principal of INR 24,000 for 4 years at the rate of 5% per annum?

Option 1: INR 4,800

Option 2: INR 3,600

Option 3: INR 5,600

Option 4: INR 5,000