1. A certain sum of money lent out at S.I. amounts to Rs. 690 in 3 years and Rs. 750 in 5 years. The sum lent is
(1) Rs. 500 (2) Rs. 600
2. The rate at which a sum becomes four times of itself in 15 years at S.I. will be:.
(1) Rs. 15% (2) Rs% 20
(3) Rs. 25 (4) Rs. 10 %
3. A sum of money at simple interest amounts to Rs. 2240 in 2 years and to Rs. 2600 in 5 years. What is the principal amount?.
(1) Rs. 2000 (2) Rs. 1900
(3) Rs. 2100 (4) Rs. 2150
4. The simple interest on a certain sum of money at the rate of 5% p.a. for 8 years is Rs. 840. At what rate of interest the same amount of interest can be received on the same sum after 5 years ?. [S
(1) 5% (2) 10 %
(3) 7 % (4) 8 %
5. If a sum of money doubles itself in 8 years at simple interest, the ratepercent per annum is
(1) 10.5 (2) 12.5
(3) 9.5 (4) 13.5
6. Ashok took a loan of Rs. 15000 for 3 years at simple interest. If the total interest paid is R. 2700, what is the rate of interest per annum?.
(1) 4 % (2) 5 %
(3) 6 % (4) 7 %
7. Ram borrowed Rs. 5000 from Sanjay at simple interest. After 3 years, Sanjay got Rs. 300 more than what he had given to Ram . What was the rate of interest per annum ‘?.
(1) 2 % (2) 4 %
(3) 6 % (4) 8 %
8. Ram took a loan of Rs. 1200 with simple interest for as many years as the rate of interest. If he paid Rs. 432 as interest at the end of the loan period, what was the rate of interest?
(1) 6 (2) 5
(3) 4 (4) 8
9. 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?
(1) Rs. 40 (2) Rs. 50
(3) Rs. 30 (4) Cannot be determined
10. A person borrows Rs. 5000 for 2 years at 4% p.a. simple interest. He immediately lends it to another person at 6 ¼ p.a for 2 years. Find his gain in the transaction per year.
(1) Rs. 111.50 (2) Rs. 113.50
(3) Rs. 110.50 (4) Rs. 112.50
ANSWERS:
1 | 2 |
2 | 2 |
3 | 1 |
4 | 4 |
5 | 2 |
6 | 3 |
7 | 1 |
8 | 1 |
9 | 4 |
10 | 4 |
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