Quiz Discussion

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:

Course Name: Quantitative Aptitude

  • 1]

    Rs. 2000

  • 2]

    Rs. 10,000

  • 3]

    Rs. 15,000

  • 4]

    Rs. 20,000

Solution
No Solution Present Yet

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# Quiz
1
Discuss

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

Solution
2
Discuss

 

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%

Solution
3
Discuss

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

Solution
4
Discuss

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

Solution
5
Discuss

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

Solution
6
Discuss

How much time will it take for an amount of Rs. 450 to yield Rs. 81 as interest at 4.5% per annum of simple interest?

  • 1]

    3.5 years

  • 2]

    4 years

  • 3]

    4.5 years

  • 4]

    5 years

Solution
7
Discuss

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

Solution
8
Discuss

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

Solution
9
Discuss

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

Solution
10
Discuss

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

Solution
# Quiz