# 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 ?

Course Name: Quantitative Aptitude

• 1]

Rs. 787.50

• 2]

Rs. 812.50

• 3]

Rs. 860

• 4]

Rs. 887.50

##### Solution
No Solution Present Yet

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# Quiz
1
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
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

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
4
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
5
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
6
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
7
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
8
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
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  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

# Quiz