| 31. | A sum of Rs. 725 is lent in the beginning of a year at a certain rate of interest. After 8 months, a sum of Rs. 362.50 more is lent but at the rate twice the former. At the end of the year, Rs. 33.50 is earned as interest from both the loans. What was the original rate of interest?
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| | 3.6% | | 4.5% | | | 5% | | 6% | | | None of these | | | |
32.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?
A. Rs. 6400
B. Rs. 6500
C. Rs. 7200
D. Rs. 7500
E. None of these
33.What is the present worth of Rs. 132 due in 2 years at 5% simple interest per annum?
A. Rs. 112 B. Rs. 118.80
C. Rs. 120 D. Rs. 122
34.A person borrows Rs. 5000 for 2 years at 4% p.a. simple interest. He immediately lends it to another person at 6¼ p.a for 2 years. Find his gain in the transaction per year.
A. Rs. 112.50
B. Rs. 125
C. Rs. 150
D. Rs. 167.50
View Answer With Explanation | 35. | 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:
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| | Rs. 2000 | | Rs. 10,000 | | | Rs. 15,000 | | Rs. 20,000 | |
36.Find the simple interest on Rs. 68,000 at 16⅔ % per annum for 9 months.
A. 8500
B. 7500
C. 8000
D. 6000
37.An automobile financier claims to be lending money at simple interest, but he includes the interest every six months for calculating the principal. If he is charging an interest of 10%, the effective rate of interest becomes
A. 10% B. 10.25%
C. 10.5% D. None of these
38.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. 1 : 3
B. 1 : 4
C. 2 : 3
D. Data inadequate
E. None of these
| 39. | | What is the principal sum? | | I. | The sum amounts to Rs. 690 in 3 years at S.I. | | II. | The sum amounts to Rs. 750 in 5 years at S.I. | | III. | The rate of interest is 5% p.a. | |
| | I and III only | | | II and III only | | | I and II only | | | I and III only, or II and III only | | | Any two of the three | |
| 40. | 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 per annum is:
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