• 1. 
    The simple interest on Rs. 2000 for 2 years at Rs. 75 per thousand per annum will be

  • Rs. 150
  • Rs. 300
  • Rs. 600
  • Rs. 400
  • 2. 
    Meena took a loan for Rs. 275,000 from the bank. She paid simple interest @ 8% p.a. and settled the account after 3 years. At the time of settlement she gave her old scooter to the bank plus Rs. 335,000. What price did the scooter fetch?

  • 60,000
  • 6,000
  • 66,000
  • 6,600
  • 3. 
    An amount was lent for two years at the rate of 20% per annum compounding annually. Had the compounding been done half yearly, the interest would have increased by 241. What was the amount (in Rs) lent?

  • 10,000
  • 12,000
  • 20,000
  • 24,000
  • 4. 
    A sum of Rs. 2000 at 40% per annum compounded annually. Calculate the interest for the third year at compound interest.

  • 1500
  • 1600
  • 1568
  • 1750
  • 5. 
    The simple interest at y% for ‘y’ years will be Rs. y on a sum. Find the principal amount.

  • 100/y
  • 100 × y
  • 100 × y2
  • 100/y2
  • 6. 
    The rate of simple interest per annum at which a sum of money doubles itself in 16⅔ years is:

  • 4%
  • 5%
  • 6%
  • \(6\frac{2}{3}\% \)
  • 7. 
    If the rate of interest is 8% per annum and Rs. 10000 lent at the compound interest half yearly then calculate the equivalent simple rate of interest for the first year?

  • 8.16%
  • 9%
  • 7%
  • 10%
  • 8. 
    Mr. Davesh borrowed Rs. 4,500 at 4% per annum compound interest. The compound interest compounded annually for 2 years is:

  • Rs. 367.2
  • Rs. 4,867.2
  • Rs. 4,876.2
  • Rs. 376.2
  • 9. 
    ‘B’ borrowed Rs. 5,000 from ‘A’ at 6% p. a. simple interest and lends it to ‘C’ at compound interest of 10% p. a. If ‘B’ collects the money back from ‘C’ after 2 years and repays ‘A’, the profit made by ‘B’ in the transaction is

  • Rs. 600
  • Rs. 1,050
  • Rs. 500
  • Rs. 450
  • 10. 
    Sita deposited Rs. 5,000 at 10% simple interest for 2 years. How much more money will Sita have in her account at the end of two years, if it is compounded semi-annually at 20% rate?

  • Rs. 50
  • Rs. 1250
  • Rs. 1320.50
  • Rs. 1885.50
  • 11. 
    The sum of money which when given on compound interest at 20% per annum would fetch Rs. 155.0625 more when the interest is payable quarterly than when it was payable annually for 1 year is:

  • Rs. 20,000
  • Rs. 10,000
  • Rs. 12,000
  • Rs. 26,000
  • 12. 
    Simple interest on a sum of Rs. 67400 for 14 months is Rs. 4718. What is the rate (in percentage) of interest per annum?

  • 5.5
  • 6
  • 8
  • 7
  • 13. 
    In how many years will a sum of Rs. 4,000 yield a simple interest of Rs. 1,440 at 12% per annum?

  • 3
  • \(2\frac{1}{2}\)
  • 2
  • \(3\frac{1}{2}\)
  • 14. 
    The simple interest accrued on amount of Rs 25,000 at the end of four years is Rs 8000. What would be the compound interest accrued on the same amount in 2 years?

  • Rs 2460
  • Rs 4160
  • Rs 3140
  • Rs 4320
  • 15. 
    A sum becomes 5 times in 4 years at compound interest. In how many years the same sum will become 25 times?

  • 20
  • 100
  • 80
  • 8
  • 16. 
    What is the ratio of simple interest earned on certain amount at the rate of 12% for 6 years and that for 12 years?

  • 1 ∶ 2
  • 2 ∶ 3
  • 3 ∶ 4
  • 4 ∶ 5
  • 17. 
    A poor man borrowed Rs. 60000 interest free from a merchant. If he pays back 1.25 percent of this amount quaterly, and has already paid Rs. 15000, then for how many months has he been paying back his loan for the rest of the amount?

  • 180 months
  • 120 months
  • 60 months
  • 30 months
  • 18. 
    In which year will the amount on a sum of Rs. 800 at 20% compounded half-yearly exceeds Rs.1000?

  • 1st
  • 2nd
  • 3rd
  • 4th
  • 19. 
    If the compound interest on a sum for 2 years at 12.5% p.a. is rs. 510, the simple interest on the same sum at the same rate for the same period of time is

  • Rs. 400
  • Rs. 450
  • Rs. 460
  • Rs. 480
  • 20. 
    Find the total compound interest on Rs. 5800 for 4 years, if rate of interest is 4% for first year, 6% for second year, 8% for third year and 10% for last year.

  • Rs. 1989.80
  • Rs. 1795.98
  • Rs. 1979.76
  • Rs. 1900.72
  • 21. 
    Find the interest on Rs.25000 at 12% p.a compounded annually for 3 years.

  • 9,000
  • 9,833.40
  • 10,123.20
  • 10,678.90
  • 22. 
    A certain sum of money becomes 4 times of itself in 30 years at a rate of simple interest. In how many years it will become double of itself at the same rate of simple interest

  • 20
  • 15
  • 10
  • 12
  • 23. 
    The difference between the compound interest and the simple interest on a certain sum of money at 5% rate of interest per annum for 2 years is Rs. 50. Then find the principal amount –

  • Rs. 50,000
  • Rs. 40,000
  • Rs. 12,000
  • Rs. 20,000
  • 24. 
    On Rs. 3,000 invested at a simple interest rate 6% per annum, Rs. 900 is obtained as interest in certain years. In order to earn Rs. 1,600 as interest on Rs. 4,000 in the same number of years, what should be the rate of simple interest?

  • 7%
  • 8%
  • 9%
  • Data inadequate
  • 25. 
    The compound interest on Rs. 6000 for 3 yrs at a rate of 8% for first year, 10% for second year and 12% for third year is

  • Rs. 1982.18
  • Rs. 1982.93
  • Rs. 1933.25
  • Rs. 1983.36
  • 26. 
    Asma borrowed some money at 6% p.a. simple interest for the first three years, 8% p.a. for the next two years and 10% p.a. for a period beyond five years. At the end of 12 years, the simple interest was Rs. 5824. How much money did she borrow?

  • Rs. 5200
  • Rs. 5400
  • Rs. 5600
  • Rs. 5800
  • 27. 
    In what time will Rs. 72 become Rs. 81 at \(6\frac{1}{4}\%\) per annum simple interest?

  • 2 years
  • 3 years
  • 2 years 6 months
  • 4 years
  • 28. 
    Which sum of money at compound interest will amount to Rs.650 at the end of 1st year and Rs.676 at end of 2nd year?

  • Rs. 600
  • Rs. 620
  • Rs. 625
  • Rs. 630
  • 29. 
    A sum becomes 4 times in 2 years at compound interest. In how many years the same sum will become 16 times?

  • 3
  • 4
  • 2
  • 1
  • 30. 
    A sum triples in 10 years at a certain rate of simple interest. In how many years will it be six times of itself?

  • 40 years
  • 30 years
  • 25 years
  • 20 years
Report Question
warning
access_time
  Time