Quiz Discussion

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?

Course Name: Quantitative Aptitude

• 1]

Rs. 6400

• 2]

Rs. 6500

• 3]

Rs. 7200

• 4]

Rs. 7500

Solution
No Solution Present Yet

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# Quiz
1
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
2
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
3
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
4
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
5
Discuss

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

Solution
6
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
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

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
9
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
10
Discuss

An automobile financier claims to be lending money at simple interest, but he includes the interest every six months for calculating the principal. If he is charging an interest of 10%, the effective rate of interest becomes:

• 1]

10%

• 2]

10.25%

• 3]

10.5%

• 4]

None Of These

# Quiz