Simple interest on a certain amount is 9/16 of the principle. If the number represent ing the rate of intersest in percent and time in years be equal. Then time, for when the principal is lent out is,a)6.25 yearsb)7.5 yearsc)7.25 yearsd)7 yearsCorrect answer is option 'B'. Can you explain this answer?

EduRev

All Courses

Explore Courses UPSC Exam UPSC Test Series Free Notes EduRev Infinity

Open App

GATE Exam > GATE Questions > Simple interest on a certain amount is 9/16 o...

Join the Discussion on the App

a)
6.25 years
b)
7.5 years
c)
7.25 years
d)
7 years

Correct answer is option 'B'. Can you explain this answer?

FREE This question is part of

Gate Practice Test: Electrical Engineering(EE)- 6

Attempt Test

Attempt this Test

Verified Answer

Simple interest on a certain amount is 9/16 of the principle. If the n...

View all questions of this test

View all answers Start learning for free

< Previous Question Next Question >

Explore Courses for GATE exam

Similar GATE Doubts

Four distinct amounts i.e. Rs. 3000, Rs. 4000, Rs. 6000 and Rs. 7000 are put on deposit on simple interest @ 4%, 6%, 7.5% and 8% per annum - each amount having been put on deposit at a different rate of interest. It is also known that the highest principal amount has not been put on deposit at the lowest rate of interest and vice versa; likewise It is also known that the highest principal amount has not been put on deposit at the highest rate of interest and the lowest principal amount has not been put on deposit at the lowest rate of interest. If the highest principal amount does not earn maximum interest, what is the rate of interest (in %) for Rs.7000

View answer

Q. 6 – Q. 10 carry two marks each.Two finance companies, P and Q, declared fixed annual rates of interest on the amounts invested with them. The rates of interest offered by these companies may differ from year to year. Year-wise annual rates of interest offered by these companies are shown by the line graph provided below.If the amounts invested in the companies, P and Q, in 2006 are in the ratio 8:9, then the amounts received after one year as interests from companies P and Q would be in the ratio

View answer

06-10 Carry two marks eachQ. Two finance companies, P and Q, declared fixed annual rates of interest on the amounts investedwith them. The rates of interest offered by these companies may differ from year to year. Yearwiseannual rates of interest offered by these companies are shown by the line graph providedbelow.If the amounts invested in the companies, P and Q, in 2006 are in the ratio 8:9, then the amountsreceived after one year as interests from companies P and Q would be in the ratio

View answer

Q. 6 – Q. 10 carry two marks each.Two finance companies, P and Q, declared fixed annual rates of interest on the amounts invested with them. The rates of interest offered by these companies may differ from year to year. Year-wise annual rates of interest offered by these companies are shown by the line graph provided below.If the amounts invested in the companies, P and Q, in 2006 are in the ratio 8:9, then the amounts received after one year as interests from companies P and Q would be in the ratio

View answer

A lent Rs. 5000 to B for 2 years and Rs. 3000 to C for 4 years on simple interest at the same rate of interest and received Rs. 2200 in total from both as interest. The rate of interest per annum is.

View answer

Simple interest on a certain amount is 9/16 of the principle. If the number represent ing the rate of intersest in percent and time in years be equal. Then time, for when the principal is lent out is,a)6.25 yearsb)7.5 yearsc)7.25 yearsd)7 yearsCorrect answer is option 'B'. Can you explain this answer?

Share with a Friend

Answer this doubt

Question Description
Simple interest on a certain amount is 9/16 of the principle. If the number represent ing the rate of intersest in percent and time in years be equal. Then time, for when the principal is lent out is,a)6.25 yearsb)7.5 yearsc)7.25 yearsd)7 yearsCorrect answer is option 'B'. Can you explain this answer? for GATE 2024 is part of GATE preparation. The Question and answers have been prepared according to the GATE exam syllabus. Information about Simple interest on a certain amount is 9/16 of the principle. If the number represent ing the rate of intersest in percent and time in years be equal. Then time, for when the principal is lent out is,a)6.25 yearsb)7.5 yearsc)7.25 yearsd)7 yearsCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for GATE 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Simple interest on a certain amount is 9/16 of the principle. If the number represent ing the rate of intersest in percent and time in years be equal. Then time, for when the principal is lent out is,a)6.25 yearsb)7.5 yearsc)7.25 yearsd)7 yearsCorrect answer is option 'B'. Can you explain this answer?.

Solutions for Simple interest on a certain amount is 9/16 of the principle. If the number represent ing the rate of intersest in percent and time in years be equal. Then time, for when the principal is lent out is,a)6.25 yearsb)7.5 yearsc)7.25 yearsd)7 yearsCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for GATE. Download more important topics, notes, lectures and mock test series for GATE Exam by signing up for free.

Here you can find the meaning of Simple interest on a certain amount is 9/16 of the principle. If the number represent ing the rate of intersest in percent and time in years be equal. Then time, for when the principal is lent out is,a)6.25 yearsb)7.5 yearsc)7.25 yearsd)7 yearsCorrect answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Simple interest on a certain amount is 9/16 of the principle. If the number represent ing the rate of intersest in percent and time in years be equal. Then time, for when the principal is lent out is,a)6.25 yearsb)7.5 yearsc)7.25 yearsd)7 yearsCorrect answer is option 'B'. Can you explain this answer?, a detailed solution for Simple interest on a certain amount is 9/16 of the principle. If the number represent ing the rate of intersest in percent and time in years be equal. Then time, for when the principal is lent out is,a)6.25 yearsb)7.5 yearsc)7.25 yearsd)7 yearsCorrect answer is option 'B'. Can you explain this answer? has been provided alongside types of Simple interest on a certain amount is 9/16 of the principle. If the number represent ing the rate of intersest in percent and time in years be equal. Then time, for when the principal is lent out is,a)6.25 yearsb)7.5 yearsc)7.25 yearsd)7 yearsCorrect answer is option 'B'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Simple interest on a certain amount is 9/16 of the principle. If the number represent ing the rate of intersest in percent and time in years be equal. Then time, for when the principal is lent out is,a)6.25 yearsb)7.5 yearsc)7.25 yearsd)7 yearsCorrect answer is option 'B'. Can you explain this answer? tests, examples and also practice GATE tests.

Explore Courses for GATE exam