If the compound interest on a certain sum for $2$ $years$ at $3 \%$ per annum is $Rs. 101.50$,then the simple interest (in $Rs.$) on the same sum at the same rate and for the same time will be:

  • A
    $90.00$
  • B
    $95.50$
  • C
    $100.00$
  • D
    $98.25$

Explore More

Similar Questions

$A$ man borrows ₹ $25000$ at $20 \%$ compound interest. At the end of every year,he pays ₹ $5000$ as part repayment. How much (in ₹) does he still owe after three such instalments?

What annual payment (in ₹) will discharge a debt of ₹ $1025$ due in $2$ years at the rate of $5 \%$ compound interest?

Difficult
View Solution

Nikita invested ₹ $8000$ for $3$ years at $5 \%$ $C.I.$ in a post office. If the interest is compounded once in a year,what sum (in ₹) will she get after $3$ years?

On what sum will the compound interest (in ₹) for $2 \frac{1}{2}$ years at $10 \%$ per annum amount to ₹ $6352.50$?

$A$ man gave $50 \%$ of his savings of ₹ $84,100$ to his wife and divided the remaining sum among his two sons $A$ and $B$ of $15$ and $13$ years of age respectively. He divided it in such a way that each of his sons,when they attain the age of $18$ years,would receive the same amount at $5 \%$ compound interest per annum. The share of $B$ was (in ₹):

Difficult
View Solution

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