If the interest on ₹ $800$ is more than the interest on ₹ $400$ by ₹ $40$ in $2$ years,then the rate of interest (in $\%$) per annum is:

  • A
    $5$
  • B
    $5.5$
  • C
    $6$
  • D
    None of these

Explore More

Similar Questions

The rate of interest on a sum of money is $4 \%$ per annum for the first $2$ years,$6 \%$ p.a. for the next $4$ years,and $8 \%$ p.a. for the period beyond $6$ years. If the simple interest accrued by the sum for a total period of $9$ years is ₹ $1120$,then the sum (in ₹) is:

Arun gives his wife Asha a birthday gift,giving her each year a number of rupees equal to the number of years of her age. If her birthday falls on $August \, 8$,what sum must be placed at simple interest at $7 \%$ on $January \, 1$,before she is $42$,in order to raise the required sum (in $Rs.$)?

$A$ lent ₹ $6000$ to $B$ for $2$ $years$ and ₹ $1500$ to $C$ for $4$ $years$ and received altogether from both ₹ $900$ as simple interest. The rate of interest is (in $\%$):

$A$ sum of money doubles itself in $8$ years. In how many years will it treble?

$A$ certain amount earns simple interest of ₹ $1,750$ after $7$ years. Had the interest rate been $2 \%$ more per annum,how much more interest would it have earned (in ₹)?

Vedclass Products

For Students

Vedclass Test Series

Mock tests in real JEE/NEET style with performance analysis. 5-day free trial.

Start Free Trial
For Teachers

Exam Paper Generator

Generate Set A/B/C/D exam papers from 7.5L+ questions in 2 minutes. 3 chapters free.

Try Free
For Institutes

Online Exam Module

Live online exams with unlimited students, 360° analytics & white-label branding.

See Demo