Simple & Compound Interest



Question (47/66)

In how much time would the simple interest on a certain amount be 0.125 times the principal at 10% per annum rate ?

(A)  1 Year 3 Months


(B)  1 Year 5 Months


(C)  2 Year 1 Months


(D)  2 Year 6 Months


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Question (48/66)

At what rate percent per annum will the simple interest on a sum of money be `2/5`  of the amount in 10 years ?

(A)  4%


(B)  5%


(C)  6%


(D)  7%


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