Quiz Discussion

A sum of Rs. 725 is lent in the beginning of a year at a certain rate of interest. After 8 months, a sum of Rs. 362.50 more is lent but at the rate twice the former. At the end of the year, Rs. 33.50 is earned as interest from both the loans. What was the original rate of interest?

• 1]

  3.6%

• 2]

  4.5%

• 3]

  5%

• 4]

  3.46%

Reena took a loan of Rs. 1200 with simple interest for as many years as the rate of interest. If she paid Rs. 432 as interest at the end of the loan period, what was the rate of interest?

• 1]

  3.6

• 2]

  6

• 3]

  18

• 4]

  None Of These

The simple interest on Rs. 10 for 4 months at the rate of 3 paise per rupee per month

• 1]

  Rs. 3.60

• 2]

  Rs. 2.40

• 3]

  Rs. 1.60

• 4]

  Rs. 1.20

A  man took loan from a bank at the rate of 12% p.a. simple interest. After 3 years he had to pay Rs. 5400 interest only for the period. The principal amount borrowed by him was:

• 1]

  Rs. 2000

• 2]

  Rs. 10,000

• 3]

  Rs. 15,000

• 4]

  Rs. 20,000

A sum of money lent out at simple interest amounts Rs 720 after 2 years and to Rs 1020 after a further period of 5 years. What is the sum ?

• 1]

  Rs 200

• 2]

  Rs 350

• 3]

  Rs 475

• 4]

  Rs 600

What is the present worth of Rs. 132 due in 2 years at 5% simple interest per annum

• 1]

  110

• 2]

  120

• 3]

  130

• 4]

  140

A sum of Rs 1,550 was lent partly at 5% per annum and partly at 8% per annum simple interest. The total interest received after 3 years is Rs 300. Find the ratio of money lent at 5% to that at 8%?

• 1]

  6:5

• 2]

  5:6

• 3]

  15:16

• 4]

  16:15

A person borrows Rs 5000 for two years at 4% per annum simple interest. He immediately lends to another person at 6 1/4​% per annum for 2 years. Find his gain in the transaction per year.

• 1]

  Rs 226.50

• 2]

   

  Rs 172.50

• 3]

  Rs 112.50

• 4]

  Rs 95.50

What will be the simple interest earned on an amount of Rs. 16,800 in 9 months at the rate of 6 1/4 % p.a ?

• 1]

  Rs. 787.50

• 2]

  Rs. 812.50

• 3]

   Rs. 860

• 4]

  Rs. 887.50

A sum fetched a total simple interest of Rs. 4016.25 at the rate of 9 p.c.p.a. in 5 years. What is the sum?

• 1]

  Rs. 4462.50

• 2]

  Rs. 8032.50

• 3]

  Rs. 8900

• 4]

  Rs. 8925