Simple & Compound Interest



Question (59/66)

INR 800 becomes INR 956 in 3 years at certain rate  of simple interest. If the rate of interest is increased by 4%, what amount will INR 800 become in 3 years ?

(A)  INR 1020


(B)  INR 1052


(C)  INR 1120


(D)  INR 1152


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Question (60/66)

A sum fetched a total simple interest of INR 4016.25 at the rate of 9 percent per annum in 5 years. What is the sum ?

(A)  INR 5500.50


(B)  INR 7520


(C)  INR 8925


(D)  INR 9000.55


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