Quiz Discussion

800 Rs. becomes 956 Rs. in 3 years at certain rate of simple interest. If the rate of interest is increased by 4%, what amount will 800 Rs. become in 3 years?

• 1]

  1020.80 Rs

• 2]

  1025 Rs

• 3]

  1050 Rs

• 4]

  1052 Rs

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 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

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

Nitin borrowed some money at the rate of 6% p.a. for the first three years, 9% p.a. for the next five years and 13% p.a. for the period beyond eight years. If the total interest paid by him at the end of eleven years is Rs. 8160, the money borrowed by him (in Rupees) was?

• 1]

  Rs. 12000

• 2]

  Rs. 6000

• 3]

  Rs. 8000

• 4]

  Rs. 10000

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

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

Mr. Thomas invested an amount of Rs. 13,900 divided in two different schemes A and B at the simple interest rate of 14% p.a. and 11% p.a. respectively. If the total amount of simple interest earned in 2 years be Rs. 3508, what was the amount invested in Scheme B?

• 1]

  Rs. 6400

• 2]

  Rs. 6500

• 3]

  Rs. 7200

• 4]

  Rs. 7500

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 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