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 Ashoke borrowed some amount, after 6 years he paid Rs. 20,800/- with 10% interest, then how much Amount he borrowed ? A) Rs. 12000 B) Rs. 13000 C) Rs. 14000 D) Rs. 14500 E) Rs. 15000
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 Rs. 6,000 becomes Rs. 7,200 in 4 years at a certain rate of simple interest. If the rate becomes 1.5 times of itself, the amount of the same principal in 5 years will be A) Rs. 8,000 B) Rs. 8,250 C) Rs. 9,250 D) Rs. 9,000 E) None
6 Simple interest on Rs. 500 for 4 years at 6.25% per annum is equal to the simple interest on Rs. 400 at 5% per annum for a certain period of time. The period of time is A) 4 Yrs B) 5 Yrs C) $8\frac{2}{3}$ Yrs D) $6\frac{1}{4}$ Yrs E) $8\frac{1}{4}$ Yrs
7 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
8 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
9 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
10 Raman invests a sum of Rs. 900 at 8% simple interest and Gopi invests a sum of Rs. 1200 at $3\frac{1}{2}\%$ simple interest. After how much time will they both have equal amounts in their accounts ? A) 20 Yrs B) 30 Yrs C) 40 Yrs D) 10 Yrs E) 15 Yrs
11 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%
12 Rs.1000 is invested at 5% per annum simple interest. If the interest is added to the principal after every 10 years, the amount will becomes Rs2000 after A) 15 Yrs B) 18 Yrs C) 20 Yrs D) $16\frac{2}{3}$ Yrs E) $13\frac{2}{3}$ Yrs
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 Find the percentage of simple interest per annum did Ram pay to Raj ? I. Ram borrowed Rs. $8000$ from Raj for $4$ years. II. Ram returned Rs. $8800$ to Raj at the end of $2$ years and settled the loan. 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 A woman lent a total sum of Rs. 24000 from two moneylenders. For one loan, she paid interest at $7\frac{1}{2}\%$ p.a. and for the other $9\%$ p.a. How much money did she borrow at each rate ? I. The sum of the interests after $1$ year was Rs. $2025$. II. The interest on one sume was twice that the other. 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
