Quiz Discussion

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 ?

Course Name: Quantitative Aptitude

  • 1]

    Rs 200

  • 2]

    Rs 350

  • 3]

    Rs 475

  • 4]

    Rs 600

Solution
No Solution Present Yet

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# Quiz
1
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
2
Discuss

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

Solution
3
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
4
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
5
Discuss

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

Solution
6
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
7
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
8
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
9
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
10
Discuss

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

Solution
# Quiz