# Quiz Discussion

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

Course Name: Quantitative Aptitude

• 1]

6%

• 2]

7%

• 3]

8%

• 4]

9%

##### Solution
No Solution Present Yet

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# Quiz
1
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
2
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

##### Solution
3
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
4
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
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

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
7
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
8
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
9
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
10
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

# Quiz