Quiz Discussion

A sum of Rs 12,500 amounts to Rs. 15,500 in the 4 years at the rate of simple interest. Find the rate percent

• 1]

  6%

• 2]

  7%

• 3]

  8%

• 4]

  9%

A sum of Rs. 1550 is lent out into two parts, one at 8% and another one at 6%. If the total annual income is Rs. 106, find the money lent at each rate.

• 1]

  Rs 650

• 2]

  Rs 990

• 3]

  Rs 900

• 4]

  Rs 906

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

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

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

Divide Rs. 2379 into 3 parts, so that their amounts after 2,3 and 4 years respectively may be equal the rate of interest being 5% per annum at simple interest. The first part is 

• 1]

  Rs 759

• 2]

  Rs 792

• 3]

  Rs 818

• 4]

  Rs 828

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 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%

A sum of money at simple interest amounts to Rs. 815 in 3 years and to Rs. 854 in 4 years. The sum is:

• 1]

  Rs. 650

• 2]

  Rs. 690

• 3]

  Rs. 698

• 4]

  Rs. 700

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