Find interest on Rs 100 for 2 years at 10% per annum rate of interest per annum.

Rs 20

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Rs 10

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Rs 30

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Rs 15

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Solution

The correct option is A Rs 20

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Similar questions

Find the compound interest at the rate of $10 %$ per annum for two years on that principal which in two years at the rate of $10 %$ per annum gives Rs. 200 as simple interest.

Q. Write 'T' for true and 'F' for false

(i) Simple interest on Rs x for x years is Rs x. Then, the rate of interest is x% per annum.
(ii) Rate =

\frac{100 \times SI}{P \times T}

.
(iii) A sum doubles itself at simple interest at 10% per annum in 10 years.
(iv) Simple interest on Rs 1000 at 5% per annum for 73 days is Rs 10.

Find the simple interest, when:
(i) Principal $= R s .2000$ , Rate of Interest $= 5 %$ per annum and Time $= 5$ years.
(ii) Principal $= R s .500$ , Rate of Interest $= 12.5 %$ per annum and Time $= 4$ years.
(iii) Principal $= R s .4500$ , Rate of Interest $= 4 %$ per annum and Time $= 6$ months.
(iv) Principal $= R s .12000$ , Rate of Interest $= 18 %$ per annum and Time $= 4$ months.
(v) Principal $= R s .1000$ , Rate of Interest $= 10 %$ per annum and Time $= 73$ days.

Q. Find the compound interest on Rs. 1000 at the rate of 10% per annum for 3 years.

Q. Find the Simple interest on Rs.

10, 000

for

2

years, at

10 %

per annum.

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