• 1. 
    A bank offers 5% p.a compound interest per year. A customer deposits Rs. 6400 each on 1st January and 1st July of a year. At the end of the year, the amount he would have gained by way of interest is:

  • Rs. 652
  • Rs. 388
  • Rs. 484
  • Rs. 544
  • 2. 
    A lent Rs. 550 to B for 2 years and Rs. 150 to C for 6 years and received Rs. 100 from both as interest. Find out rate of interest, simple interest being calculated,

  • 5%
  • 7%
  • 8%
  • 9%
  • 3. 
    Kinjal wants to sell his television. There are two offers, one at Rs. 8,000 cash and the other at a credit of Rs. 6,000 to be paid after 8 months, money being at 18% per annum. Which one is the better offer?

  • Rs.6000 at credit
  • Rs.8000 in cash
  • Both Rs.6000 at credit and Rs.8000 in cash
  • Can’t be determined
  • 4. 
    The simple interest on a sum of money is (1/16)th of principle and the number of years is equal to the rate per cent per annum. The rate per cent annum is _______

  • 2.5%
  • \(6\frac{1}{3}\%\)
  • \(6\frac{1}{5}\%\)
  • \(4\frac{1}{5}\% \)
  • 5. 
    A man invested 1/3 of his capital at 7%, ¼ at 8% and the remainder at 10%. If his annual income is Rs. 561, the capital is

  • Rs. 5400
  • Rs.  6000
  • Rs. 6600
  • Rs. 7200
  • 6. 
    The difference between simple interest and compound interest on Rs. 6,000 for 2 years at 4 % is

  • Rs. 9.50
  • Rs. 9.60
  • Rs. 11.2
  • Rs. 10.25
  • 7. 
    What is the rate of simple interest at which an amount doubles in 5 years?

  • 10%
  • 20%
  • 18%
  • 15%
  • 8. 
    The difference between compound and simple interest on a sum of money for 2 years at 5% per annum is Rs. 878. The sum is

  • Rs. 2,00,200
  • Rs. 2,30,000
  • Rs. 3,51,200
  • Rs. 1,02,000
  • 9. 
    How much time will it take for an amount of Rs. 550 to yield Rs. 121 as interest at 5.5% per annum of simple interest?

  • 3.5 years
  • 4 years
  • 4.5 years
  • 5 years
  • 10. 
    A invested Rs. 14400 for 3 years at 10% per annum simple interest. If he invested the same amount for 1.5 years when interest rate is same but compounded half yearly. Find the difference between the interests.

  • Rs. 2050.2
  • Rs. 2052.2
  • Rs. 2054.2
  • Rs. 2048.2
  • 11. 
    What sum of money must be given at simple interest for six months at 4% per annum in order to earn Rs. 150 interest?

  • Rs. 5000
  • Rs. 7500
  • Rs. 10000
  • Rs. 15000
  • 12. 
    The difference between simple interest and compound interest for 2 years on the sum Rs. 2900 at a certain rate is Rs. 14.21. What is annual rate of interest?

  • 9%
  • 5%
  • 7%
  • 8%
  • 13. 
    On what sum will the difference between S.I and C.I for 2 years at 5% per annum be equal to Rs. 50/- ?

  • 19,000
  • 20,000
  • 20,500
  • 19,500
  • 14. 
    Ram borrows Rs. 3000 at 10% compound rate of interest. At end of each year he pays back Rs. 1000. How much amount should he pay at the end of the third year to clear all his dues?

  • Rs. 1530
  • Rs. 1683
  • Rs. 1663
  • Rs. 1563
  • 15. 
    Rs. 600 amounts to Rs. 720 in 4 years at simple interest. If the interest rate is increased by 5% of itself, how much would it amount to in the given time period?

  • Rs. 672
  • Rs. 762
  • Rs. 726
  • Rs. 627
  • 16. 
    Rs. 10,000 is being compounded at 20% per annum. Calculate the amount after 2 years if the rate of interest is charged half yearly.

  • 14600
  • 12500
  • 14642
  • 14641
  • 17. 
    The compound interest on Rs. 1000 at 10% per annum for 3 years in (Rs.) is

  • Rs. 1331
  • Rs. 331
  • Rs. 300
  • Rs. 1300
  • 18. 
    The compound interest on a certain sum for first two successive years are Rs. 100 and Rs. 172 respectively. Find the rate of interest.

  • 55%
  • 10%
  • 63%
  • 72%
  • 19. 
    If the present worth of a certain sum due 2 years hence at 10% per annum at a compound interest principal is Rs. 2500, find the amount.

  • Rs. 2420
  • Rs. 4220
  • Rs. 2400
  • Rs. 3025
  • 20. 
    The simple interest on a sum for 5 years is one fourth of the sum. The rate of interest per annum is

  • 5%
  • 6%
  • 4%
  • 8%
  • 21. 
    The simple interest in 3 years and compound interest in 2 years on a certain sum of money at the same rate are Rs. 1,200 and Rs. 832 respectively. The principal is

  • Rs. 7,500
  • Rs. 4,000
  • Rs. 3,000
  • Rs. 5,000
  • 22. 
    A man borrowed Rs. 18750 at a simple interest of 6% per annum. If he cleared his debt by paying an amount of Rs. 22125, after how many years did he cleared his debt?

  • 3 years
  • 4 years
  • 5 years
  • 6 years
  • 23. 
    If the difference of C.I and S.I on some amount is Rs. 36 and the sum of the C.I and S.I is 160. Find the product of the C.I and S.I?

  • Rs. 6082
  • Rs. 6078
  • Rs. 6076
  • Rs. 6080
  • 24. 
    There is 100% increase to an amount in 8 years, at simple interest. Find the compound interest of Rs. 8000 after 2 years at the same rate of interest.

  • Rs. 2500
  • Rs. 2000
  • Rs. 2250
  • Rs. 2125
  • 25. 
    A person invested 50% of his sum at 10% per annum. 50% of rest at 16% per annum and the rest at 20% per annum. What would be the annual rate of interest, if the interest is calculated on the whole sum?

  • 15%
  • 10%
  • 12.5%
  • 14%
  • 26. 
    The difference between compound interest and simple interest at the same rate on Rs.25000 for 2 years is Rs.250. The rate of interest per annum is

  • 6%
  • 8%
  • 10%
  • 12%
  • 27. 
    On what principal does the difference between the compound interest and the simple interest for 3 year at 10% is Rs. 31?

  • Rs. 1800
  • Rs. 1400
  • Rs. 900
  • Rs. 1000
  • 28. 
    If a sum of Rs. 12500 is invested for 1 year at 12% per annum interest being compounded semi­annually, then interest earned is

  • 1505
  • 1535
  • 1545
  • 1550
  • 29. 
    At what rate percent annum will Rs. 2304 amount will turn into Rs. 2500 in 2 years at compound interest?

  • \(4\frac{1}{2}\% \)
  • \(4\frac{1}{5}\%\)
  • \(4\frac{1}{6}\%\)
  • \(4\frac{1}{3}\%\)
  • 30. 
    Simple interest on a certain sum is 16/25 of the sum. The rate per cent if the rate per cent and time (in years) are equal, is

  • 6%
  • 8%
  • 10%
  • 12%
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