1. | A sum of money at simple interest amounts to Rs. 815 in 3 years and to Rs. 854 in 4 years. The sum is: |
| Rs. 650 | | Rs. 690 | | Rs. 698 | | Rs. 700 | |
2.A man took a loan from 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. Rs. 2000 B. Rs. 10,000
C. Rs. 15,000 D. Rs. 20,000
3. | Mr. Thomas invested an amount of Rs. 13,900 divided 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? |
| Rs. 6400 | | Rs. 6500 | | Rs. 7200 | | Rs. 7500 | | None of these | | | |
4. A sum was put at simple interest at a certain rate for 3 years. Had it been put at 2% higher rate, it would have fetched Rs. 360 more. Find the sum.
A.400 B.800
C.1200 D.None
5.The price of a T.V set worth Rs. 20,000 is to be paid in 20 instalments of Rs. 1000 each. If the rate of interest be 6% per annum, and the first instalments be paid at the time of purchase, then the value of the last instalments covering the interest as well will be
A. Rs.1050 B. Rs. 2050
C. Rs. 3000 D. Rs. 19000
6. Find the simple interest on Rs. 68,000 at 16 2/3 % per annum for 9 months.
A.200 B.400
C.600 D.800
7. | A sum fetched a total simple interest of Rs. 4016.25 at the rate of 9 p.c.p.a. in 5 years. What is the sum? |
| Rs. 4462.50 | | Rs. 8032.50 | | Rs. 8900 | | Rs. 8925 | | None of these | | | |
8.A man took loan from 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. Rs. 2000
B. Rs. 10,000
C. Rs. 15,000
D. Rs. 20,000
9.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 all from both of them as interest. The rate of interest per annum is
A. 5% B. 7%
C. 8% D. 10%
10. A certain sum of money amounts to Rs. 1008 in 2 years and to Rs.1164 in 3½ years. Find the sum and rate of interests.
A. 20%
B. 13%
C. 23%
D. 11%
