Quiz Discussion

Nitin borrowed some money at the rate of 6% p.a. for the first three years, 9% p.a. for the next five years and 13% p.a. for the period beyond eight years. If the total interest paid by him at the end of eleven years is Rs. 8160, the money borrowed by him (in Rupees) was?

Course Name: Quantitative Aptitude

  • 1]

    Rs. 12000

  • 2]

    Rs. 6000

  • 3]

    Rs. 8000

  • 4]

    Rs. 10000

Solution
No Solution Present Yet

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# Quiz
1
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
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

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
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

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
6
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
7
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
8
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
9
Discuss

A sum of Rs. 725 is lent in the beginning of a year at a certain rate of interest. After 8 months, a sum of Rs. 362.50 more is lent but at the rate twice the former. At the end of the year, Rs. 33.50 is earned as interest from both the loans. What was the original rate of interest?

  • 1]

    3.6%

  • 2]

    4.5%

  • 3]

    5%

  • 4]

    3.46%

Solution
10
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
# Quiz