Simple & Compound Interest



Question (43/66)

A lent USD 5000 to B for 2 years and USD 3000 to C for 4 years on simple interest at the same rate of interest and received USD 2200 in all from both of them as interest. What is rate of interest per annum ?

(A)  7%


(B)  8%


(C)  9%


(D)  10%


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Question (44/66)

A lends INR 2500 to B and a certain sum to C at the same time at 7% per annum simple interest. If after 4 years A altogether receives INR 1120 as interest from B and C, then what amount is lent to C ?

(A)  INR 1200


(B)  INR 1500


(C)  INR 1700


(D)  INR 2200


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