Quiz Discussion

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.

Course Name: Quantitative Aptitude

  • 1]

    Rs 226.50

  • 2]

     

    Rs 172.50

  • 3]

    Rs 112.50

  • 4]

    Rs 95.50

Solution
No Solution Present Yet

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# Quiz
1
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
2
Discuss

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

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 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
5
Discuss

A lent Rs. 5000 to B for 2 years and Rs. 3000 to C for 4 years on simple interest at the same rate of interest and received Rs. 2200 in all from both of them as interest. The rate of interest per annum is:

  • 1]

    5%

  • 2]

    7%

  • 3]

    7 1/8%

  • 4]

    10%

Solution
6
Discuss

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

Solution
7
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
8
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
9
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
10
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
# Quiz