If a certain sum of money borrowed at $5 \%$ per annum simple interest amounts to ₹ $1020$ in $4$ years,then the sum of money (in ₹) borrowed is:

  • A
    $850$
  • B
    $925$
  • C
    $750$
  • D
    None of these

Explore More

Similar Questions

$A$ sum of money becomes $\frac{8}{5}$ of itself in $5$ $years$ at a certain rate of interest. The rate per cent per annum is

In how much time (in $years$) will a sum of ₹ $9500$ amount to ₹ $17622.5$ at the rate of $4.5 \%$ per annum at simple interest?

$A$ sum of $Rs. 1521$ is lent out in two parts in such a way that the simple interest on one part at $10 \%$ for $5 \,yr$ is equal to that of another part at $8 \%$ for $10 \,yr$. What will be the two parts of the sum?

Difficult
View Solution

Nutan invests $Rs. 22400$ at a Simple Interest $(S.I.)$ rate of $12$ $p.c.p.a.$ How much amount will she receive after $7$ years (in $Rs.$)?

In how many years will ₹ $150$ produce the same interest at $8 \%$ per annum as ₹ $800$ produces in $3$ years at $4 \frac{1}{2} \%$ per annum?

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