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

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

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

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

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%

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

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?

• 1]

  Rs. 12000

• 2]

  Rs. 6000

• 3]

  Rs. 8000

• 4]

  Rs. 10000

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%

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 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%