• #### 1.  What is the difference between the amount on Rs 10,000 after $$1\frac{1}{2}$$ years at 4% per annum, compounded yearly and half yearly?

• Rs. 10.02
• Rs. 12.2
• Rs. 20.4
• Rs. 4.08
• None of these
• #### 2.  The compound interest accrued on an amount of Rs. 8000 at the end of two years is Rs. 1680. What would be the simple interest accrued on the same amount at twice the rate in the half the period?

• Rs. 12800
• Rs. 9680
• Rs. 17680
• Rs. 1600
• None of these

• Rs. 5800
• Rs. 5290
• Rs. 5260
• Rs. 6040
• Rs. 7050
• #### 4.  The simple interest for a certain sum of money is half the principal. Find the time and rate of interest if the rate is twice the time.

• 5 years, 10%
• 10 years, 5%
• 4 years, 8%
• 4.5 years, 9%
• None of these

• Rs. 5000
• Rs. 5131
• Rs. 7026
• Rs. 8636
• Rs. 6650

• 12000
• 14000
• 15000
• 16400
• 18000

• 1680
• 8000
• 1980
• 960
• 1470

• Rs. 2560
• Rs. 3600
• Rs. 2440
• Rs. 2520
• Rs. 2420
• #### 9.  A principal of Rs. 3000 amounts to Rs. 3360 in 2 years when compounded at a certain rate of interest. How much will the same principal amount if it was compounded semi-annually?

• 3370.80
• 3720
• 3400
• 3500
• None of these

• 20000
• 20900
• 21150
• 22220
• 23470
• #### 11.  A certain sum of money doubles itself in 5 years at simple interest. In how many years it becomes seven times?

• 10 years
• 20 years
• 30 years
• 32 years
• None of these
• #### 12.  A sum was put at simple interest at a certain rate for 2 years. If it had been put at 4% higher interest rate it would have given Rs. 600 more as an interest. Find the sum that was deposited.

• Rs. 7250
• Rs. 7500
• Rs. 8000
• Rs. 7000
• None of these

• Rs. 977.2
• Rs. 1022.2
• Rs. 995.4
• Rs. 898.4
• Rs. 1014.6

• Rs. 50000
• Rs. 30000
• Rs. 20000
• Rs. 10000
• Rs. 12000
• #### 15.  Aman won certain sum of money in a lottery, half of which he invested in scheme P for 5 years which offers simple interest at x% per annum. He invested the remaining half in scheme Q for 2 years which offers compound interest annually at 20% per annum. Interest earned from scheme P is 25% more than that earned from scheme Q. If the rate of interest of scheme P had been (x + 3)% per annum, the difference between the interests earned after corresponding periods would have been Rs. 7020. What is the amount Aman won in lottery?

• Rs. 45000
• Rs. 50000
• Rs. 54000
• Rs. 57500
• None of these

• Rs. 18562.9
• Rs. 16729.5
• Rs. 19562.8
• Rs. 20067.2
• Rs. 20159.3

• Rs. 25208
• Rs. 26208
• Rs. 24208
• Rs. 23708
• Rs. 23208
• #### 18.  Sunil borrows Rs. 2275 and promises to pay back with compound interest at 20% p.a. in 3 early equal installments at the end of first, second and third year. Find the amount of each installment.

• Rs. 1080
• Rs. 864
• Rs. 1036
• Rs. 993
• None of these
• #### 19.  Find the interest obtained from second scheme if the ratio of amount invested in scheme 1 and 3 is 2 : 3 and the interest obtained by Anand from first scheme is Rs. 5824.

• Rs. 7200
• Rs. 5842
• Rs. 3310
• Rs. 4641
• None of these
• #### 20.  Mr Shridharan invested money in two schemes A and B, offering compound interest @ 8 p.c.p.a and 9 p.c.p.a respectively. If the total amount of interest accrued through the two schemes together in two years was Rs. 4818.30 and the total amount invested was Rs. 27,000, what was the amount invested in scheme A?

• Rs. 15,000
• Rs. 13,500
• Rs. 12,000
• Cannot be determined
• None of these

• Rs. 7824
• Rs. 7946
• Rs. 7736
• Rs. 8084
• Rs. 7914
• #### 22.  If the remaining amount is to be paid in 3 years with equal instalments then find the amount of each instalment.

• Rs. 11026.67
• Rs. 11000
• Rs. 11205.34
• Rs. 11406.67
• None of these
• #### 23.  A had borrowed a certain sum of money and at the end of 2 years, he paid back Rs. 21648.64. The loan was taken for 2 years at a 4% rate of interest compounded semiannually. What was the original sum?

• 20000
• 18000
• 16000
• 10000
• None of these
• #### 24.  An amount doubles itself in 10 years with simple interest. What is the rate of interest p.c.p.a.?

• 10
• 15
• 25
• Cannot be determined
• None of these
• #### 25.  If the difference between the simple interest and compound interest earned on an amount at 15 p.c.p.a. at the end of 3 years is Rs. 595.35, what is the principal sum?

• Rs. 8,400
• Rs. 9,200
• Rs. 6,800
• Cannot be determined
• None of these

• Rs. 1260
• Rs. 1261
• Rs. 1264
• Rs. 1265
• Rs.1226
• #### 27.  Find the cash value of the scooter.

• Rs. 40000
• Rs. 46824
• Rs. 44624
• Rs. 48524
• None of these
• #### 28.  What will be the simple interest earned on an amount of Rs.16,800 in 9 months at the rate of 6.25% p.a.?

• Rs.787.50
• Rs.812.50
• Rs.860
• Rs.887.50
• None of these

• 9500
• 6500
• 5000
• 8000
• 8500
• #### 30.  A sum of Rs. 1450 is lent in the beginning of a year at a certain rate of simple interest. After 8 months, another sum of Rs. 725 is lent but at a rate twice the former. At the end of the year, Rs. 67 is earned as interest from both the loans. What was the original rate of interest?

• 3.9%
• 4.5%
• 5%
• 6%
• None of these
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