Quiz Discussion

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

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

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

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%

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

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

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

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

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%

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