At what rate percent per annum will a sum of Rs. 3,600 become Rs. 4,500 in 10 years at simple interest?
A.
a) 5 %
B.
b) 2. 5%
C.
c) 1 0 %
D.
d) 6.75%
2.
A sum of Rs. 1600 lent at simple inter- est at 12.5% per annum will become double in
A.
a) 6 years
B.
7 1/2 years
C.
c) 8 years
D.
9 1/4 years
3.
3 . The difference in simple interest at 13% 12% p.a. of a sum in one year is Rs. 110. Then the sum is
A.
a) Rs. 13,000
B.
b) Rs. 15,000
C.
c) Rs. 10,000
D.
d) Rs. 11,000
4.
The difference in the interests received from two different banks on Rs. 1000 for 2 years is Rs. 20. Thus, the difference in their rates is
A.
a) 2 %
B.
b) 1 %
C.
c) 1. 5%
D.
d) 0. 5%
5.
Find out the capital required to earn a monthly interest of Rs. 600 at 6% simple in- terest.
A.
a) Rs. 1 lakhs
B.
b) Rs. 1.2 lakhs
C.
c) Rs. 1.1 lakhs
D.
d) Rs. 1.3 lakhs
6.
A man invested 1/3rd of the sum at 7%, 1/4th at 8% and the remaining at 10% for one year. If the annual interest is Rs. 408, then the investment is
A.
a) Rs. 8,400
B.
b) Rs. 4,800
C.
c) Rs. 5,000
D.
d) Rs. 7,200
7.
The difference in simple interest on a certain sum of money for 3 years and 5 years at 18% per annum is Rs. 2,160. Then the sum is
A.
a) Rs. 6,500
B.
b) Rs. 4,500
C.
c) Rs. 6,000
D.
d) Rs. 7,500
8.
At what rate percent per annum simple interest will a sum of money triple itself in 25 years?
A.
a) 8
B.
b) 8 1/3
C.
c) 9 1/11
D.
d) 10
9.
What sum of money lent out at compound interest will amount to Rs. 968 in 2 years at 10% per annum, interest being charged annu- ally?
A.
a) Rs. 900
B.
b) Rs. 825
C.
c) Rs. 780
D.
d) Rs. 800
10.
The difference between compound inter- est and simple interest on certain sum of money in 2 years at 4% per annum is Rs. 50. Find the sum
A.
a) Rs. 30,550
B.
b) Rs. 31,250
C.
c) Rs. 25,670
D.
d) Rs. 35,400
11.
A sum of money lent at compound inter- est amounts to Rs. 1210 in two years and to Rs. 1464.10 in 4 years. Find the rate of inter- est.
A.
a) 1 2 %
B.
b) 1 0 %
C.
c) 8 %
D.
d) 1 5 %
12.
A man borrows Rs. 4,000 at 8% per an- num on compound interest. At the end of ev- ery year he pays Rs. 1,500 as part payment of loan and interest. How much does he still owe to the bank after 3 such annual pay- ments?
