Select the correct answerTwo equal amounts were borrowed at 5% and 4% simple interest. The total interest after 4 yr amounted to Rs.405. What was the total amount borrowed?

A person took a loan at 5%p.a simple interest during the first year and with an increase of 0.5% simple interest every year from second year onwards. After 4 years, he paid Rs. 4600 as a total interest to settle the loan completely. How much was the loan?(1 Point)Rs. 18000Rs. 20000Rs. 19000Rs. 21000

Select the correct answerA person borrowed Rs.5,000 at 5% rate of interest per annum and immediately lent it at 5.5%. After two years he collected the amount and settled his loan. What is the amount gained by him in this transaction?OptionsRs.100Rs.50Rs.25Rs.200

Select the correct answerA lent Rs.25000 to B and at the same time lent some amount to C at same 7% simple interest. After 4 years A received Rs.11200 as interest from B and C. How much did A lend to C?OptionsRs.15000Rs.25000Rs.20000Rs.10000

Select the correct answerThe interest on a certain deposit at 4.5% p.a. is Rs. 202.50 in one year. How much will the additional interest in one year be on the same deposit at 5% p.a.?

Peter lent some amount of money at 5% simple interest and anequal amount of money at 7% simple interest, each for 3 years. If totalinterest earned on both the sum was Rs 360, what amount was lent in each case?Rs 2000Rs 2500Rs 3600Rs 1000