Simple & Compound Interest



Question (57/66)

In how many years INR 150 will produce the same interest at 8% as INR 800 produce in 3 years at 4.5% ?

(A)  6 Years


(B)  8 Years


(C)  9 Years


(D)  12 Years


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Question (58/66)

A certain amount earns simple interest of INR 1750 after 7 years. Had the interest rate been 2% more, how much more interest would it have earned ?

(A)  INR 35


(B)  INR 40


(C)  INR 45


(D)  Data Inadequate


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