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1. At the rate of 6% p.a. simple interest, a sum of Rs. 2500 will earn how much interest by the end of 5 years 7.
A. Rs. 150
B. Rs. 750
C. Rs. 700
D. Rs. 3250
Explanation:
2. A sum of Rs. 800 amounts to Rs. 920 in 3 years at simple interest. If the interest rate is increased by 3%, it would amount to how much?
A.764
B.992
C.850
D.770
Explanation:
3. 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.650
B.690
C.698
D.700
Explanation:
4. The price of a T.V set worth Rs. 20,000 is to be paid in 20 installments of Rs. 1000 each. If the rate of interest be 6% per annum, and the first installment be paid at the time of purchase, then the value of the last installment covering the interest as well will be:
A.1050
B.2050
C.3000
D.5000
E.None of these
Explanation:
5. A sum of money is lent at S.I for 8 years. If the same amount is paid at 5% higher, Ramesh would have got Rs. 100 more. Find the Principal?
A.200
B.240
C.250
D.300
Explanation:
6. If simple interest on a certain sum of money for 4 years at 5% per annum is same as the simple interest on Rs. 560 for 10 years at the rate of 4% per annum then the sum of money is:
A.1190
B.1120
C.1210
D.1280
Explanation:
7. A sum fetched a otal simple interest of Rs. 4016.25 at the rate of 9 p.c.p.a. in 5 years. What is the sum?
A. 8925
B. 8259
C. 8529
D. 8952
Ans: A
Explanation:
8. 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. 500
B. 698
C. 780
D. 910
Explanation:
9. How long will it take a sum of money invested at 5% p.a. S.I. to increase its value by 40%?
A. 6 years
B. 7 years
C. 8 years
D. 9 years
Explanation:
10. 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. Rs. 500
B. Rs. 600
C. Rs. 700
D. Rs. 710
Explanation:
11. How much time will it take for an amount of Rs. 450 to yield Rs. 81 as interest at 4.5% per annum of simple interest?
A. 3.5 years
B. 4 years
C. 4.5 years
D. 5 years
Explanation:
12. 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. 3%
B. 4%
C. 5%
D. 6%
Explanation:
A. Rs. 150
B. Rs. 750
C. Rs. 700
D. Rs. 3250
Explanation:
2. A sum of Rs. 800 amounts to Rs. 920 in 3 years at simple interest. If the interest rate is increased by 3%, it would amount to how much?
A.764
B.992
C.850
D.770
Explanation:
3. 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.650
B.690
C.698
D.700
Explanation:
4. The price of a T.V set worth Rs. 20,000 is to be paid in 20 installments of Rs. 1000 each. If the rate of interest be 6% per annum, and the first installment be paid at the time of purchase, then the value of the last installment covering the interest as well will be:
A.1050
B.2050
C.3000
D.5000
E.None of these
Explanation:
5. A sum of money is lent at S.I for 8 years. If the same amount is paid at 5% higher, Ramesh would have got Rs. 100 more. Find the Principal?
A.200
B.240
C.250
D.300
Explanation:
6. If simple interest on a certain sum of money for 4 years at 5% per annum is same as the simple interest on Rs. 560 for 10 years at the rate of 4% per annum then the sum of money is:
A.1190
B.1120
C.1210
D.1280
Explanation:
7. A sum fetched a otal simple interest of Rs. 4016.25 at the rate of 9 p.c.p.a. in 5 years. What is the sum?
A. 8925
B. 8259
C. 8529
D. 8952
Ans: A
Explanation:
8. 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. 500
B. 698
C. 780
D. 910
Explanation:
9. How long will it take a sum of money invested at 5% p.a. S.I. to increase its value by 40%?
A. 6 years
B. 7 years
C. 8 years
D. 9 years
Explanation:
10. 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. Rs. 500
B. Rs. 600
C. Rs. 700
D. Rs. 710
Explanation:
11. How much time will it take for an amount of Rs. 450 to yield Rs. 81 as interest at 4.5% per annum of simple interest?
A. 3.5 years
B. 4 years
C. 4.5 years
D. 5 years
Explanation:
12. 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. 3%
B. 4%
C. 5%
D. 6%
Explanation:
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