Quiz Discussion

What is the present worth of Rs. 132 due in 2 years at 5% simple interest per annum

Course Name: Quantitative Aptitude

  • 1]

    110

  • 2]

    120

  • 3]

    130

  • 4]

    140

Solution
No Solution Present Yet

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# Quiz
1
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
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

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

 

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%

Solution
5
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
6
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
7
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
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

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
10
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
# Quiz