Questions on
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Questions on |
1. A person borrows Rs 5000 for 2
years at 4% p.a. Simple interest .He immediately lends it to another person at
6 1/4 % p.a. for 2 years .Find the gain in the transaction per year.
A.150
B.167.50
C.125
D.112.50
2. How much time will it take for an amount
Of Rs.450 to yield Rs. 81 as interest at 4.5% p.a. of simple interest?
A.5 years
B.4 years
C.3.5 years
D.4.5 years
3. A sum of Rs.12,500 amounts to
Rs.15,500 in 4 years at the rate of simple interest .What is the rate of
interest ?
A.6%
B.3%
C.5%
D.4%
4. Reena took a loan of Rs.1200 with
simple interest for as many years as the rate of interest .If she paid Rs.432
as interest at the end of the loan period,what was the rate of interest ?
A.3
B.6
C.18
D.None of these
5. A man took a loan form a bank at
the rate of 12% p.a. simple interest .After 3 years he had to pay Rs.5400
interest only for the period .The principal amount borrowed by him was:
A.15,000
B.20,000
C.10,000
D.21,000
6. What is the present worth of
Rs.132 due in 2 years at 5% simple interest p.a.?
A.110
B.120
C.123
D.112
7. Rs.800 becomes Rs.956 in 3 years
at a certain rate of Simple interest .IF the rate of interest is increased buy
4% ,what amount will Rs.800 become in 3 years?
A.1025
B.1020
C.1002
D.1052
8. A certain amount earns simple
interest of Rs.1750 after 7 years .Had the interest been 2% more,how much more
interest would it have earned?
A.350
B.250
C.200
D.Cannot be determined
E.None of these
9. What will be the ratio of simple
interest earned by certain amount at the same rate of interest for 6 years and
that for 9 years?
A.4:1
B.2:3
C.1:3
D.1:4
10. A sum of money at simple interest
amounts to Rs.815 in 3 years and to Rs.854 in 4 years .The sum is:
A.698
B.700
C.650
D.690
11. A sum of money lent out at simple
interest amounts to Rs.720 after 2 years and to Rs.1020 after a further period
of 5 years .The sum is:
A.500
B.700
C.600
D.800
12. A sum of money amounts to Rs.9800
after 5 years and Rs.12005 after 8 years at the same rate of simple interest
.The rate of interest p.a. is:
A.8%
B.6%
C.5%
D.12%
13. A lends Rs.2500 to B and a
certain sum to C at the same time at 7% p.a. simple interest .If after 4 years
,A altogether receives Rs.1120 as interest from B and C ,then the sum lent to C
is:
A.Rs.4000
B.Rs.6500
C.Rs.700
D.Rs.1500
14. The difference between the simple
interest received from two different source on Rs.1500 for 3 years is Rs.13.50
.The difference between their rates of interest is:
A.0.3%
B.0.1%
C.0.2%
D.0.4%
15. Peter invested an amount of
Rs.12,000 at the rate of 10 p.c.p.a. simple interest and another amount at the
rate of 20 p.c.p.a. simple interest.The total interest earned at the end of one
year on the total amount invested became 14 p.c.p.a..Find the total amount
invested.
A.20,000
B.24,000
C.25,000
D.22,000
16. Mr.Thomas invested an amount of
Rs.13,900 divied in two different schemes A and B at the simple interest rate
of 14% p.a. and 11 % p.a. respectively.If the total amount of simple interest earned
in 2 years be Rs.3508 ,what was the amount invested in scheme B?
A.Rs.6500
B.Rs.7200
C.Rs.6400
D.Rs.7500
17. A person invested in all Rs.2600
at 4%,6% and 8% p.a. simple interest .At the end of the year ,he got the same
interest in all the three cases .The money invested at 4% is:
A.1200
B.800
C.200
D.600
18. Divide Rs.2379 into 3 parts so
that their amounts after 2,3 and 4 years respectively may be equal ,the rate of
interest being 5% p.a. at simple interest .The first part is:
A.792
B.759
C.828
D.818
19. At what percent p.a. will a sum
of money double in 16 years ?
A.7 % p.a.
B.6 1/4 % p.a.
C.8 1/4% p.a.
D.9 % p.a.
20. A sum of Rs.1550 is lent out into
two parts ,one at 8 % and another one at 6%.If the total annual income is
Rs.106 ,find the money lent at each rate?
A.Rs.1000
B.Rs.900
C.Rs.850
D.Rs.950
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