1) At
the rate o 8.5% p.a. simple interest, a sum of Rs. 4800 will earn how much
interest in 2 years 3 months?
a) 796 b) 816 c) 918 d)
956 e) None of these
2) What
will be the simple interest earned on an amount of Rs. 16, 800 in 9 months at
6.25% p.a. ?
a) Rs.
787.50 b) Rs. 812.50 c) Rs. 860 d) Rs. 887.50\
e) None of these
3) How
much time will it take for an amount of Rs. 450 to yield an interest of Rs. 81
at 4.5 p.a.?
a) 3.5
years b) 4 years c) 4.5 years d) 5 years
e) None of these
4) A
man took a loan of Rs. 1200 with simple interest for as many years as the rate
of interest. At the end, if he paid Rs. 432 as interest, what was the rate of
interest per annum?
a) 3.6% b) 6% c) 18 d) Cannot be determined
e) None of these
5) In
how many years will 150 produce the same interest at 8% p.a. as Rs. 800 produce
in 3 years at 4.5% p.a.?
a) 6 b) 8 c) 9 d)
12 e) None of these
6) At
what rate will 1000 produce the same interest in 1 year as 2000 will produce at
2 % p.a. in 2 years?
a) 2% b) 3% c) 8% d)
10% e) None of
these
7) The
simple interest at x% for x years will be Rs. x on a sum of:
a) Rs.
x b) Rs. (100/x) c) Rs. 100x d) Rs. (100/x2)
e) None of these
8) The
simple interest on Rs. 10 at the rate of 3 paisa per rupee per month is Rs:
a) 1.20 b) 2.40 c) 1.60 d)
3.60 e) None of these
9) A
sum of money at simple interest amounts to Rs. 815 in 3 years and to Rs. 854 in
4 years. The sum is:
a) Rs.
650 b) Rs. 690 c) Rs. 698 d) Rs.
700 e) None of these.
10) A
sum of money lent out amounts to Rs. 720 in 2 years and to Rs. 1020 after a
further period of 5 years. The sum is:
a) Rs.
500 b) Rs. 600 c) Rs. 700 d) Rs.
710 e) Cannot be determined
11) A
sum of money amounts to Rs. 9800 in 5 years and Rs. 12005 in 8 years at the
same rate of simple interest. The rate of interest per annum is:
a) 5% b) 8% c) 12% d)
15% e) None of
these
12) The
simple interest on a sum of money at 8% per annum for 6 years is half the sum.
The sum is:
a) Rs.
4800 b) Rs. 6000 c) Rs. 8000 d) Data
Inadequate e) None of these
13) A
person takes a loan of Rs. 200 at 5% simple interest. He returns Rs. 100 at the
end of the first year. To clear his dues at the end of second year, he would
pay:
a) Rs.
105 b) Rs. 110 c) Rs. 115 d) Rs.
115.50 d) None of these
14) The
simple interest on Rs. 100 at the rate of 5 paisa per rupee per year for 6
months is:
a) Rs.
5 b) Rs. 2.50 c) Rs. 20 d)
Rs.6 e) None of
these
15) A
sum of money amounts to Rs. 720 in 2 years and Rs. 1020 in a further period of
6 years. The sum is:
a) Rs.
500 b) Rs. 620 c) Rs. 700 d) Rs. 600
e) None of these
16) What
will be the ratio of simple interest earned by a certain amount at the same
rate for 6 years and 9 years respectively?
a) 1:3 b) 1:4 c) 2:3 d)
Data Inadequate
e) None of these
17) A
sum of Rs. 12,500 amounts to Rs. 15,500 in
4 years at a certain rate of interest. What is the rate of interest?
a) 3% b) 4% c) 5% d
6% e) None of these.
18) A
certain amount earns a simple interest of Rs. 1750 after 7 years. Had the
interest been 2% more, what will be the
additional interest earned?
a) Rs.
35 b) Rs. 245 c) Rs. 350 d) Cannot be determined
e) None of these
19) A
sum fetched a simple interest of Rs. 4016.25 at the rate of 9% p.a. in 5 years.
What is the sum?
a) Rs.
4462.50 b) Rs.
8032.50 c) Rs. 8900 d) Rs. 8925
e) None of these
20) A
certain sum doubles itself in a period of time at a rate of 10% p.a. What is
the time duration for doubling?
a) 10
years b) 5 years c) 15 years d) Cannot be determined
e) None of these.
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