Quant Exam  >  Quant Questions  >  In what time will Rs. 500 give Rs. 50 as inte... Start Learning for Free
In what time will Rs. 500 give Rs. 50 as interest at the rate of 5% per annum simple interest?
  • a)
    2 years
  • b)
    5 years
  • c)
    3 years
  • d)
    4 years
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
In what time will Rs. 500 give Rs. 50 as interest at the rate of 5% pe...
Interest per year = Rs. 25. Thus, an interest of Rs. 50 would be earned in 2 years.
View all questions of this test
Most Upvoted Answer
In what time will Rs. 500 give Rs. 50 as interest at the rate of 5% pe...
Given, Principal (P) = Rs. 500, Rate of interest (R) = 5% per annum, Simple Interest (SI) = Rs. 50.

We know that Simple Interest (SI) = (P * R * T)/100, where T is the time period.

On substituting the given values, we get:

50 = (500 * 5 * T)/100

Simplifying this equation, we get:

T = 2 years

Therefore, the time period required for Rs. 500 to give Rs. 50 as interest at the rate of 5% per annum simple interest is 2 years.

Hence, option (A) is the correct answer.
Free Test
Community Answer
In what time will Rs. 500 give Rs. 50 as interest at the rate of 5% pe...
In what time
Explore Courses for Quant exam
Question Description
In what time will Rs. 500 give Rs. 50 as interest at the rate of 5% per annum simple interest?a)2 yearsb)5 yearsc)3 yearsd)4 yearsCorrect answer is option 'A'. Can you explain this answer? for Quant 2025 is part of Quant preparation. The Question and answers have been prepared according to the Quant exam syllabus. Information about In what time will Rs. 500 give Rs. 50 as interest at the rate of 5% per annum simple interest?a)2 yearsb)5 yearsc)3 yearsd)4 yearsCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for Quant 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In what time will Rs. 500 give Rs. 50 as interest at the rate of 5% per annum simple interest?a)2 yearsb)5 yearsc)3 yearsd)4 yearsCorrect answer is option 'A'. Can you explain this answer?.
Solutions for In what time will Rs. 500 give Rs. 50 as interest at the rate of 5% per annum simple interest?a)2 yearsb)5 yearsc)3 yearsd)4 yearsCorrect answer is option 'A'. Can you explain this answer? in English & in Hindi are available as part of our courses for Quant. Download more important topics, notes, lectures and mock test series for Quant Exam by signing up for free.
Here you can find the meaning of In what time will Rs. 500 give Rs. 50 as interest at the rate of 5% per annum simple interest?a)2 yearsb)5 yearsc)3 yearsd)4 yearsCorrect answer is option 'A'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of In what time will Rs. 500 give Rs. 50 as interest at the rate of 5% per annum simple interest?a)2 yearsb)5 yearsc)3 yearsd)4 yearsCorrect answer is option 'A'. Can you explain this answer?, a detailed solution for In what time will Rs. 500 give Rs. 50 as interest at the rate of 5% per annum simple interest?a)2 yearsb)5 yearsc)3 yearsd)4 yearsCorrect answer is option 'A'. Can you explain this answer? has been provided alongside types of In what time will Rs. 500 give Rs. 50 as interest at the rate of 5% per annum simple interest?a)2 yearsb)5 yearsc)3 yearsd)4 yearsCorrect answer is option 'A'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice In what time will Rs. 500 give Rs. 50 as interest at the rate of 5% per annum simple interest?a)2 yearsb)5 yearsc)3 yearsd)4 yearsCorrect answer is option 'A'. Can you explain this answer? tests, examples and also practice Quant tests.
Explore Courses for Quant exam

Top Courses for Quant

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev