1 A sum of money amounts to Rs. 5,200 in 5 years and to Rs. 5,680 in 7 years at simple interest. The rate of interest per annum is A) 3% B) 4% C) 5% D) 6% E) 5%
2 A certain sum of money becomes three times of itself in 20 years at simple interest. In how many years does it become double of itself at the same rate of simple interest ? A) 8 years B) 10 years C) 12 years D) 14 years E) 15 years
3 If in a certain number of years Rs. $3000$ amounts to Rs. $4320$ at compound interest, in half that time Rs. $3000$ will amount to A) Rs. 3200 B) Rs. 3560 C) Rs.3600 D) Rs.3800 E) Rs. 3805
4 A sum of money becomes $\frac{41}{40}$ of itself in $\frac{1}{4}$ years at a certain rate of simple interest. The rate of interest per annum is A) 10% B) 1% C) 2.5% D) 5% E) 3%
5 Shyam lent Rs. 600 for 2 years and Rs. 200 for 3 years, at the same rate at simple interest, and received Rs. 90 as total interest. What was the rate % p.a. ? A) 12% B) 5% C) 6% D) 4% E) None
6 A sum of money is lent out at compound interest for 2 years at 20% per annum. It would fetch Rs. 482 more if the interest is compounded half yearly, than if it were compounded yearly, the sum of money is A) Rs. 22,000 B) Rs. 20,000 C) Rs. 25,000 D) Rs. 24,000 E) Rs. 20,500
7 Population of a city decreases by 3% of the initial at the beginning of every year. If the present population is 1,25,000. What will be the population after 2 years ? A) 1,17,600 B) 1,17,610 C) 1,17,000 D) 1,17,611 E) 1,17,613
8 Simple interest on a sum of money for 3 years at $6\frac{1}{4}\%$ per annum is Rs. 2,400. What will be the compound interest on that sum at rate for the same period ? A) Rs. 2500.50 B) Rs. 2553.13 C) Rs. 2512.15 D) Rs. 2516.00 E) None
9 The compound interest on Rs. 1800 at a10% per annum, for certain period of time is Rs. 378. Find the same time in years. A) 2 Yrs B) 3 Yrs C) 5 yrs D) 4 Yrs E) $2\frac{1}{2}$ Yrs
10 The sum of money at compound interest doubles itself in 5 years. It will amount to eight times itself at the same rate of interest in A) 10 Yrs B) 15 Yrs C) 7 Yrs D) 20 Yrs E) 9 Yrs
11 The effective annual rate of interest corresponding to nominal rate of 6% per annum payable half-yearly is A) 6.06% B) 6.07% C) 6.09% D) 6.11% E) 6.10%
Each of the questions given below consists of two statements numbered I and II given below it. Please read the questions carefully and decide whether the data provided in the statement(s) is / are sufficient to answer the given question. 12 What was the rate of interest on a sum of money ? I. The sum fetched a total of Rs. $2522$ as compound interest at the end of $3$ years. II. The difference between the simple interest and the compound interest at the end of $2$ years at the same rate was Rs. $40$ A) I alone sufficient while II alone not sufficient to answer B) II alone sufficient while I alone not sufficient to answer C) Either I or II alone sufficient to answer D) Both I and II are not sufficient to answer E) Both I and II are necessary to answer
Each of the questions given below consists of two statements numbered I and II given below it. Please read the questions carefully and decide whether the data provided in the statement(s) is / are sufficient to answer the given question. 13 What is the compund interest earned by James at the end of $2$ years ? I. Simple interest at the same rate for one year is Rs. $1020$ and the rate of interest is $12$ p.c.p.a II. The amount invested is Rs. $8500$. A) I alone sufficient while II alone not sufficient to answer B) II alone sufficient while I alone not sufficient to answer C) Either I or II alone sufficient to answer D) Both I and II are not sufficient to answer E) Both I and II are necessary to answer
Each of the questions given below consists of two statements numbered I and II given below it. Please read the questions carefully and decide whether the data provided in the statement(s) is / are sufficient to answer the given question. 14 What was the total compound interest on a sum after $3$ years ? I. The interest after one year was Rs. $100$ and the sum was Rs. $1000$.II. The difference between simple and compound interest on a sum of Rs. $1000$ at the end of $2$ years was Rs. $10$. A) I alone sufficient while II alone not sufficient to answer B) II alone sufficient while I alone not sufficient to answer C) Either I or II alone sufficient to answer D) Both I and II are not sufficient to answer E) Both I and II are necessary to answer
Each of the following question is followed by three statements, numbered I, II and III. Please read the question and all the three statements carefully and decide whether the question can be answered with any one or two statements or all the three statements. The answer number bearing the statements, which can be dispensed with, if any, while answering the question is your answer. 15 What is the rate of interest per annum ? I. The amount becomes Rs. $11,025$ with compound interest after $2$ years. II. The same amount with simple interest becomes Rs. $11,000$ after $2$ years. III. The amount invested is Rs. $10,000$. A) I or II only B) II or III only C) I or III only D) I or II or III only E) All I, II and III are required