1 A sum of money at simple interest amounts to Rs. 900 in 3 years and to Rs. 954 in 4 years. The sum is: A) Rs. 800 B) Rs. 790 C) Rs. 792 D) Rs. 750 E) Rs. 780
2 Mr. Abhishek invested an amount of Rs. 14,900 divided in two different schemes A and B at the simple interest rate of 16% p.a. and 13% p.a. respectively. If the total amount of simple interest earned in 3 years be Rs. 6261, what was the amount invested in Scheme B ? A) Rs. 9000 B) Rs. 6000 C) Rs. 6500 D) Rs. 9900 E) Rs. 9500
3 Syam took a loan of Rs. 1400 with simple interest for as many years as the rate of interest. If he paid Rs. 864 as interest at the end of the loan period, what was the rate of interest ? A) 6 B) 8 C) 9 D) 7 E) 10
4 Anand took some money for borrowed, for 3 years the total will be Rs. 5000 and 5 years it will be Rs. 6000/-. Then how much amount he borrowed ? A) Rs. 3500 B) Rs. 4000 C) Rs. 3000 D) Rs. 2500 E) Rs. 4500
5 A certain sum of money becomes three times of itself in 20 Yrs at simple interest. In how many years does it become double of itself at the same rate of simple interest? A) 8 Yrs B) 10 Yrs C) 12 Yrs D) 14 Yrs E) None
6 Two equal sums of money are lent at the same time at 9% per annum and 8% per annum simple interest respectively. The former is recovered 6 months earlier than the latter and the amount in each case is Rs. 17,680. Find the sum A) Rs. 14,500 B) Rs. 13,000 C) Rs. 12,500 D) Rs. 10,000 E) Rs. 14,000
7 What annual installment will discharge a debt of Rs. 1092 due in 3 years at 12% simple interest ? A) Rs. 300 B) Rs. 350 C) Rs. 400 D) Rs. 325 E) Rs. 320
8 A certain amount earns SI of Rs. 1,750 after 7 years. Had the interest been 2% more, how much more interest would it have earned ? A) Rs. 35 B) Rs. 26 C) Rs. 40 D) Rs.36 E) Cannot determined
9 A sum of money becomes $\frac{41}{40}$ of itself in $\frac{1}{4}$ years at certain rate of simple interest. The rate of interest per annum is A) 10% B) 1% C) 2.5% D) 5% E) 12%
10 What is the present worth of Rs. 132 due in 2 years at 5% simple interest per annum ? A) Rs. 122 B) Rs. 112 C) Rs. 118.80 D) Rs. 120 E) Rs. 139.80
11 A certain sum of money amounts to Rs. 770 in one year and amounts to Rs. 847 in two years at certain rate of interest. Find the sum. A) Rs. 770 B) Rs. 600 C) Rs. 500 D) Rs. 400 E) Rs. 650
12 With rate of simple interest, the ratio of principal and amount for a certain period of time is $4:5$. After 3 years, with the same rate of interest, the ratio of the principal and amount becomes $5:7$. The rate of interest is A) 4% B) 6% C) 5% D) 7% E) 9%
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 How much money did $X$ invest ? I. An increase in the rate of invest from $4\frac{7}{8}\%$ to $5\frac{1}{8}\%$ per annum increase his yearly income by Rs. $25$. II. The sum invested gets doubled, when invested at $8\%$ p.a for $12\frac{1}{2}$ years. 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 Calculate the rate of $SI$ ? I. The total interest earned was Rs. $4000$. II. The sum was invested for $4$ years. 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 three statements, numbered I, II and II respectively. Please read the question and the statements carefully and decide which of the statement(s) is/are necessary to answer the question. 15 In how many years will a sum of money put at simple interest treble itself ? I. The interest earned in $4$ years is half the sum. II. The rate of interest is $12\frac{1}{2}\%$ III. The sum doubles itself in $8$ years at simple interest. A) Any one of the three B) Any two of the three C) All I, II and III D) II and III only E) I and II only