S.I., C.I.

 

1. How much time will it take for an amount of Rs. 900 to yield Rs. 81 as interest at 4.5% per annum of simple interest?

A. 2 years

B. 3 years

C. 1 year

D. 4 years

Answer:- 1

2. Arun took a loan of Rs. 1400 with simple interest for as many years as the rate of interest. If he paid Rs.686 as interest at the end of the loan period, what was the rate of interest?

A. 8%

B. 6%

C. 4%

D. 7%

Answer:- 4

3. A sum of money at simple interest amounts to Rs. 815 in 3 years and to Rs. 854 in 4 years. The sum is :

A. Rs. 700

B. Rs. 690

C. Rs. 650

D. Rs. 698

Answer:- 4

4. A sum fetched a total simple interest of Rs. 929.20 at the rate of 8 p.c.p.a. in 5 years. What is the sum?

A. Rs. 2323

B. Rs. 1223

C. Rs. 2563

D. Rs. 2353

Answer:- 1

5. 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?

A. Rs. 6400

B. Rs. 7200

C. Rs. 6500

D. Rs. 7500

Answer:- 1

 

6. A person borrows Rs.5000 for 2 years at 4% p.a. simple interest. He immediately lends it to another person at 61⁄4% p.a for 2 years. Find his gain in the transaction per year.

A. Rs. 167.50

B. Rs. 150

C. Rs.225

D. Rs. 112.50

Answer:- 4

7. What will be the ratio of simple interest earned by certain amount at the same rate of interest for 5 years and that for 15 years?

A. 3 : 2

B. 1 : 3

C. 2 : 3

D. 3 : 1

Answer:- 2

8. A sum of money amounts to Rs.9800 after 5 years and Rs.12005 after 8 years at the same rate of simple interest. The rate of interest per annum is

A. 15%

B. 12%

C. 8%

D. 5%

Answer:- 2

9. A certain amount earns simple interest of Rs. 1200 after 10 years. Had the interest been 2% more, how much more interest would it have earned?

A. Rs. 25

B. None of these

C. Rs. 120

D. Cannot be determined

Answer:- 4

10. A man took loan from a bank at the rate of 8% p.a. simple interest. After 4 years he had to pay Rs. 6200 interest only for the period. The principal amount borrowed by him was:

A. Rs.17322

B. Rs.20245

C. Rs.18230

D. Rs.19375

Answer:- 4

 

11. A sum of Rs. 14,000 amounts to Rs. 22,400 in 12 years at the rate of simple interest. What is the rate of interest?

A. 7%

B. 6%

C. 5%

D. 4%

Answer:- 3

 

12. 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?

A. 3.46%

B. None of these

C. 4.5%

D. 5%

Answer:- 1

13. 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 after one year becomes:

A. None of these

B. 10.25%

C. 10.5%

D. 10%

Answer:- 2

14. 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:

A. 5%

B. 10%

C. 7%

D. 8%

Answer:- 2

15. What annual payment will discharge a debt of Rs. 6450 due in 4 years at 5% per annum?

A. Rs.1500

B. Rs.1400

C. Rs.1800

D. Rs.1600

Answer:- 1

 

16. A lends Rs. 1500 to B and a certain sum to C at the same time at 8% per annum simple interest. If after 4 years, A altogether receives Rs. 1400 as interest from B and C, then the sum lent to C is

A. Rs.2875

B. Rs.1885

C. Rs.2245

D. Rs.2615

Answer:- 1

17. A sum of Rs. 10 is given as a loan to be returned in 6 monthly installments at Rs.3. What is the rate of interest?

A. 820%

B. 620%

C. 780%

D. 640%

Answer:- 4

18. If the simple interest on a certain sum of money after 3 1⁄8 years is 1⁄4 of the principal, what is the rate of interest per annum?

A. 6%

B. 4%

C. 8%

D. 12%

Answer:- 3

19. If a sum of Rs. 9 is lent to be paid back in 10 equal monthly installments of re. 1 each, then the rate of interest is

A. 11.33%

B. 11%

C. 266.67%

D. 26.67%

Answer:- 4

20. Divide Rs. 2379 into 3 parts so that their amount 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

A. Rs. 828

B. Rs. 746

C. Rs. 248

D. Rs. 1024

Answer:- 1

 

21. In how many years, Rs. 150 will produce the same interest at 6% as Rs. 800 produce in 2 years at 4½% ?

A. 4 years

B. 6 years

C. 8 years

D. 9 years

Answer:- 3

22. A sum of Rs. 2500 amounts to Rs. 3875 in 4 years at the rate of simple interest. What is the rate of interest?

A. 12.25%

B. 12%

C. 6%

D. 13.75%

Answer:- 4

23. What is the interest due after 40 days for Rs. 3200 at 10%

A. 35.07

B. 36.21

C. 35.52

D. 34

Answer:- 1

 

24. What is the rate of interest at which Rs.150 becomes Rs. 220 in 10 years.

A. 113%

B. 143%

C. 12%

D. 14%

Answer:- 2

25. A person invested in all Rs. 2600 at 4%, 6% and 8% per annum simple interest. At the end of the year, he got the same interest in all three cases. The money invested at 4% is:

A. Rs.2200

B. Rs.800

C. Rs.1600

D. Rs.1200

Answer:- 4

 

26. David invested certain amount in three different schemes A, B and C with the rate of interest 10% p.a., 12% p.a. and 15% p.a. respectively. If the total interest accrued in one year was Rs. 3200 and the amount invested in Scheme C was 150% of the amount invested in Scheme A and 240% of the amount invested in Scheme B, what was the amount invested in Scheme B?

A. Rs.5000

B. Rs.2000

C. Rs.6000

D. Rs.3000

Answer:- 1

27. A sum of Rs. 1550 was lent partly at 5% and partly at 8% p.a. simple interest. The total interest received after 3 years was Rs. 300. The ratio of the money lent at 5% to that lent at 8% is:

A. 16 : 15

B. 15 : 16

C. 15 : 8

D. 8 : 15

Answer:- 1

28. A sum of money doubles in 12 years. In how many years, it will treble at S.I.

A. 12 years

B. 8 years

C. 6 years

D. 24 years

Answer:- 4

 

29. A man invests a certain sum of money at 6% per annum simple interest and another sum at 7% per annum simple interest. His income from interest after 2 years was Rs. 354. One-forth of the first sum is equal to one-fifth of the second sum. The total sum invested was :

A. Rs.3100

B. Rs.2700

C. Rs.2200

D. Rs.1800

Answer:- 2

30. The interest on a certain deposit at 5% per annum is Rs. 101.20 in one year. How much will the additional interest in one year be on the same deposit at 6% per annum?

A. Rs.20.8

B. Rs.19.74

C. Rs.20.24

D. Rs.19.5

Answer:- 3

 

31. A sum was put a simple interest at a certain rate for 2 years. Had it been put at 4% higher rate, it would have fetched Rs. 60 more. The sum is:

A. Rs.750

B. Rs.700

C. Rs.820

D. Rs.940

Answer:- 1

32. The simple interest at x% for x years will be Rs. x on a sum of:

A. Rs. x

B. Rs. x2

C. Rs. 100x

D. Rs. 100x2

Answer:- 3

 

33. A sum of money becomes 7⁄5 of itself in 4 years at a certain rate of simple interest. The rate per annum is :

A. 9%

B. 10%

C. 11%

D. 12%

Answer:- 2

34. If the simple interest on Rs. 2000 is less than the Simple Interest on Rs. 3000 at 5% by Rs. 50, find the time.

A. 2.5 year

B. 1 year

C. 1.5 year

D. 2 year

Answer:- 2

35. A sum of Rs. 7700 is to be divided among three brothers Vikas, Vijay and Viraj in such a way that simple interest on each part at 5% per annum after 1, 2 and 3 years respectively remains equal. The Share of Vikas is more than that of Viraj by

A. Rs.1200

B. Rs.1400

C. Rs.2200

D. Rs.2800

Answer:- 4

 

36. The simple interest on Rs.500 at 6% per annum from May 3rd to July 15th in the same year is

A. Rs. 8

B. Rs. 6

C. Rs. 4

D. Rs. 9

Answer:- 2

37. Find the Simple Interest on Rs. 7500 at 11% for 2 Years and 5 months.

A. Rs.1994.25

B. Rs.1991.25

C. Rs.1992.75

D. Rs.1993.75

Answer:- 4

38. Arun borrowed a sum for 4 years on S.I. at 12%. The total interest paid was Rs. 360. Find the Principal.

A. Rs.700

B. Rs.650

C. Rs.800

D. Rs.750

Answer:- 4

 

39. The simple interest on Rs. 1820 from March 9, 2003 to May 21, 2003 at 7 1⁄2% rate is

A. Rs. 27.30

B. Rs. 22.50

C. Rs. 28.80

D. Rs. 29

Answer:- 1

40. At what rate percent of simple interest will a sum of money double itself in 20 years?

A. 4%

B. 5%

C. 6%

D. 8%

Answer:- 2

 

41. If the simple interest on a certain sum of money for 4 years is one–fifth of the sum, then the rate of interest per annum is

A. 4%

B. 7%

C. 6%

D. 5%

Answer:- 4

42. A certain sum in invested for T years. It amounts to Rs. 400 at 10% per annum. But when invested at 4% per annum, it amounts to Rs. 200. Find the time (T).

A. 45 years

B. 60 years

C. 40 years

D. 50 Years

Answer:- 4

43. A sum of money is lent at S.I. for 6 years. If the same amount is paid at 4% higher, Arun would have got Rs. 120 more. Find the principal

A. Rs. 200

B. Rs. 600

C. Rs. 400

D. Rs. 500

Answer:- 4

44. Mr. Mani invested an amount of Rs. 12000 at the simple interest rate of 10% per annum and another amount at the simple interest rate of 20% per annum. The total interest earned at the end of one year on the total amount invested became 14% per annum. Find the total amount invested.

A. Rs. 25000

B. Rs. 15000

C. Rs. 10000

D. Rs. 20000

Answer:- 4

45. A lent Rs. 4000 to B for 2 years and Rs. 2000 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 :

A. 14%

B. 15%

C. 12%

D. 13.75%

Answer:- 4

 

46. A four years NSC certificate was purchased for Rs. 500 with Rs. 1000 being the maturity value. Find the rate of S.I.

A. 24%

B. 22%

C. 16%

D. 25%

Answer:- 4

47. If simple interest on a certain sum of money for 8 years at 4% per annum is same as the simple interest on Rs. 560 for 8 years at the rate of 12% per annum then the sum of money is

A. Rs.1820

B. Rs.1040

C. Rs.1120

D. Rs.1680

Answer:- 4

48. If a sum of money trebles itself in 40 years,what is the rate of interest?

A. 5%

B. 6%

C. 4%

D. None of these

Answer:- 1

 

48. Ruby invested an amount of Rs. 5,800 for 2 years. At what rate of compound interest will she get an amount of Rs. 6394•5 at the end of two years ?
(1) 5 p.c.p.a.           

(2) 4 p.c.p.a.           

(3) 6 p.c.p.a.            

(4) 8 p.c.p.a.           

(5) None of these

Answer:- 1

 

49. 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 is
(1) 5%                      

(2) 7%                   

(3) 8%                     

(4) 9%                     

(5) None of these

50. How much will be the compound interest to be paid on a principal amount of Rs 85,000/- after 3 years at the rate of 6 p.c.p.a?
(1) Rs 16623.36/-      

(2) Rs 16236.36/-      

(3) Rs 16326.36/-     

(4) Rs 16632.36/-       

(5) None of these

51. There is 60% increase in an amount in 6 years at simple interest. What will be the compound  interest of Rs. 12,000 after 3 years at the same rate?

1. Rs. 2160                            

2. Rs. 3120                               

3. Rs. 3972                           

4. Rs. 6240
Answer:- 3

 

52. The simple interest accrued on an amount of Rs. 25,000 at the end of three years is Rs. 7,500. What would be the compound interest accrued on the same amount at the same rate in the same period?

(a) Rs. 7,750                          

(b) Rs. 8,275                         

(c) Rs. 8,500                          

(d) Rs. 8,250

Answer:- 2

 

53. A sum of money lent at compound interest for 2 years at 20% per annum would fetch Rs.482 more, if the interest was payable half yearly than if it was payable annually . The sum is
A. 10000                    

B.  20000                     

C. 40000                    

D. 50000
Answer:- 2

54. A sum of money amounts to Rs.6690 after 3 years and to Rs.10,035 after 6 years on compound interest. find the sum.
A. 4360                 

B.  4460                

C.  4560                

D.  4660
Answer:- 2

55. The least number of complete years in which a sum of money put out at 20% compound interest will be more than doubled is:
A. 3                

B. 4                    

C. 5               

D. 6
Answer:- 2

 

56. A sum is invested at compounded interest payable annually. The interest in the first two successive years was Rs. 400 and Rs. 420. The sum is

A. Rs. 8000

B. Rs.7500

C. Rs. 8500

D. Rs. 8200

Answer:- 1

57. Arun borrowed a certain sum from Manish at a certain rate of simple interest for 2 years. He lent this sum to Sunil at the same rate of interest compounded annually for the same period. At the end of two years, he received Rs. 2400 as compound interest but paid Rs. 2000 only as simple interest. Find the rate of interest.

A. 40%

B. 30%

C. 20%

D. 10%

Answer:- 1

58. If a sum on compound interest becomes three times in 4 years, then with the same interest rate, the sum will become 81 times in:

A. 12 years

B. 18 years

C. 16 years

D. 14 years

Answer:- 3

59. Divide Rs. 3364 between A and B, so that A's Share at the end of 5 years may equal to B's share at the end of 7 years, compound interest being at 5 percent.

A. Rs. 1764 and Rs.1600

B. Rs. 1756 and Rs.1608

C. Rs. 1722 and Rs.1642

D. None of these

Answer:- 1

60. A sum is invested for 3 years compounded at 5%, 10% and 20 % respectively. In three years, if the sum amounts to Rs. 1386, then find the sum.

A. Rs. 1500

B. Rs. 1400

C. Rs. 1200

D. Rs. 1000

Answer:- 4

 

61. What is the difference between the compound interests on Rs. 5000 for 11⁄2 years at 4% per annum compounded yearly and half-yearly?

A. Rs. 2.04

B. Rs. 4.80

C. Rs. 3.06

D. Rs. 8.30

Answer:- 1

62. A bank offers 5% compound interest calculated on half-yearly basis. A customer deposits Rs. 1600 each on 1st January and 1st July of a year. At the end of the year, the amount he would have gained by way of interest is:

A. Rs. 120

B. Rs. 121

C. Rs. 123

D. Rs. 122

Answer:- 2

63. There is 80% increase in an amount in 8 years at simple interest. What will be the compound interest of Rs. 14,000 after 3 years at the same rate?

A. Rs.3794

B. Rs.3714

C. Rs.4612

D. Rs.4634

Answer:- 4

64. The compound interest on Rs. 30,000 at 7% per annum is Rs. 4347. The period (in years) is:

A. 1

B. 2

C. 3

D. 3.5

Answer:- 2

65. The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 4% per annum is Re. 1. The sum is:

A. Rs.600

B. Rs.645

C. Rs.525

D. Rs.625

Answer:- 4

 

66. The difference between compound interest and simple interest on an amount of Rs. 15,000 for 2 years is Rs. 96. What is the rate of interest per annum?

A. 9%

B. 12%

C. 8%

D. 6%

Answer:- 3

67. If the simple interest on a sum of money for 2 years at 5% per annum is Rs. 60, what is the compound interest on the same at the same rate and for the same time?

A. Rs. 63.5

B. Rs. 62

C. Rs. 61.5

D. Rs. 64

Answer:- 3

68. The difference between simple interest and compound on Rs. 900 for one year at 10% per annum reckoned half-yearly is:

A. Rs. 3

B. Rs. 2.25

C. Rs. 4.5

D. Rs. 4

Answer:- 2

69. What will be the compound interest on a sum of Rs. 40,000 after 3 years at the rate of 11 p.c.p.a.?

A. Rs. 14705.24

B. Rs. 14602.25

C. Rs. 14822.26

D. Rs. 14322.10

Answer:- 1

70. At what rate of compound interest per annum will a sum of Rs. 1400 become Rs. 1573.04 in 2 years?

A. 4%

B. 5%

C. 6%

D. 8%

Answer:- 3

 

71. The least number of complete years in which a sum of money put out at 20% compound interest will be more than doubled is

A. 5

B. 4

C. 4

D. 2

Answer:- 2

72. The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half-yearly is:

A. 6.07%

B. 6.08%

C. 6.06%

D. 6.09%

Answer:- 4

73. Arun invested an amount of Rs. 20000 in a fixed deposit scheme for 2 years at compound interest rate 4 p.c.p.a. How much amount will Arun get on maturity of the fixed deposit?

A. 20342

B. 21632

C. 22324

D. 24120

Answer:- 2

74. Simple interest on a certain sum of money for 4 years at 5% per annum is half the compound interest on Rs. 3000 for 2 years at 10% per annum. The sum placed on simple interest is:

A. Rs.1575

B. Rs. 2200

C. Rs. 1200

D. Rs. 1625

Answer:- 1

75. The compound interest on a certain sum for 2 years at 10% per annum is Rs. 525. The simple interest on the same sum for double the time at half the rate percent per annum is:

A. Rs. 500

B. Rs. 400

C. Rs. 450

D. Rs. 600

Answer:- 1

 

76. The difference between simple interest and compound on Rs. 2400 for one year at 10% per annum reckoned half-yearly is:

A. Rs. 4

B. Rs. 6

C. Rs. 3

D. Rs. 2

Answer:- 2

77. The Simple interest on a certain sum for 2 years at 20% per annum is Rs. 80. The corresponding compound interest is

A. Rs. 66

B. Rs. 82

C. Rs. 86

D. Rs. 88

Answer:- 4

78. The Compound interest on Rs. 20,480 at 6 1⁄4 % per annum for 2 years 73 days, is :

A. Rs. 2929

B. Rs. 2219

C. Rs. 3021

D. Rs. 3049

Answer:- 1

79. A sum amounts to Rs. 882 in 2 years at 5% compound interest. The sum is

A. Rs. 800

B. Rs. 822

C. Rs. 840

D. Rs. 816

Answer:- 1

80. A sum put out at 4% compound interest payable half-yearly amounts to Rs. 13265.10 in 11⁄2 years. The sum is

A. Rs. 12500

B. Rs. 11200

C. Rs. 8840

D. Rs. 12600

Answer:- 1

 

81. A sum of money is borrowed and paid back in two annual instalments of Rs. 882 each allowing 5% compound interest. The sum borrowed was:

A. Rs.1820

B. Rs.1640

C. Rs.1260

D. Rs.1440

Answer:- 2

 

82. What sum invested for 2 years at 14% compounded annually will grow to Rs. 5458.32?

A. 4120

B. 3300

C. 4200

D. 4420

Answer:- 3

83. If the difference between the simple interest and compound interests on some principal amount at 20% for 3 years is Rs. 48, then the principal amount is

A. Rs. 365

B. Rs. 325

C. Rs. 395

D. Rs. 375

Answer:- 4

84. Andrews earns an interest of Rs. 1596 for the third year and Rs. 1400 for the second year on the same sum. Find the rate of interest if it is lent at compound interest.

A. 12%

B. 13%

C. 14%

D. 15%

Answer:- 3

85. The population of a town is 40,000. It decreases by 20 per thousand per year. Find out the population after 2 years.

A. 38484

B. 38266

C. 38416

D. 38226

Answer:- 3

 

86. If the compound interest on a certain sum for 2 years in Rs. 80.80 and the simple interest Rs. 80; then the rate of interest per annum is

A. 2%

B. 1%

C. 3%

D. 4%

Answer:- 1

 

87. The compound interest on a sum for 2 years is Rs. 832 and the simple interest on the same sum for the same period is Rs. 800. The difference between the compound and simple interest for 3 years will be

A. Rs. 48

B. Rs. 66.56

C. None of these

D. Rs. 98.56

Answer:- 4

88. On a certain sum of money, the simple interest for 2 years is Rs. 200 at the rate of 7% per annum. Find the difference in C.I. and S.I.

A. None of these

B. Rs. 9

C. Rs. 7

D. Rs. 11

Answer:- 3

 

89. John invested money in two schemes A and B offering compound interest @ 5 p.c.p.a. and 10 p.c.p.a. respectively. If the total amount of interest accrued through two schemes together in two years was Rs. 2075 and the total amount invested was Rs. 15,000, find out the amount invested in Scheme A?

A. Rs. 10000

B. Rs. 8000

C. Rs. 12000

D. Rs. 14000

Answer:- 1

90. A sum of money on compound interest amounts to Rs. 8240 in 2 years and Rs. 9888 in 3 years. The rate of interest is

A. 10%

B. 25%

C. 20%

D. 12%

Answer:- 3

 

91. A tree increases annually by 1⁄5 th of its height. If its height today is 50 cm, what will be the height after 2 years?

A. 64 cm

B. 72 cm

C. 66 cm

D. 84 cm

Answer:- 2

92. On a sum of money, the simple interest for 2 years is Rs. 320, while the compound interest is Rs. 340, the rate of interest being the same in both the cases. The rate of interest is:

A. 15%

B. 14.25%

C. 12.5%

D. 10.5%

Answer:- 3

93. A bank offers 10% interest rate compounded annually. A person deposits Rs. 20,000 every year in his account. If he does not withdraw any amount, then how much balance will his account show after four years?

A. Rs. 102102

B. Rs. 102220

C. Rs. 104202

D. Rs. 104222

Answer:- 1

94. A sum of money becomes Rs. 2200 after three years and Rs. 4400 after six years on compound interest. The sum is

A. Rs. 1400

B. Rs. 1100

C. Rs. 1000

D. Rs. 1200

Answer:- 2

 

95. What annual payment will discharge a debt of Rs. 1025 due in 2 years at the rate of 5% compound interest?

A. Rs. 560

B. Rs. 560.75

C. Rs. 551.25

D. Rs. 550

Answer:- 3

 

96. A sum of money placed at compound interest doubles itself in 4 years. In how many years will it amount to 8 times?

A. 10 years

B. 8 years

C. 6 years

D. 12 years

Answer:- 4

97. On what sum will the compound interest for 2 1⁄2 years at 10% amount to Rs. 31762.5?

A. Rs.5000

B. Rs.20000

C. Rs.25000

D. Rs.30000

Answer:- 3

 

98. The compound interest on Rs. 20,000 at 8% per annum is Rs. 3,328. What is the period (in year)?

A. 1 year

B. 4 years

C. 3 years

D. 2 years

Answer:- 4

99. A man borrows Rs. 20,000 at 10% compound interest. At the end of every year he pays Rs. 2000 as part repayment. How much does he still owe after three such installments?

A. Rs.24000

B. Rs.15000

C. Rs.20000

D. Rs.10000

Answer:- 3

100. The present worth of Rs. 242 due in 2 years at 10% per annum compound interest is:

A. Rs. 180

B. Rs. 240

C. Rs. 220

D. Rs. 200

Answer:- 4

 

101. The difference between the simple interest on a certain sum at the rate off 10% per annum for 2 years and compound interest which is compounded every 6 months is Rs. 124.05. What is the principal sum?

A. Rs. 10000

B. Rs. 12000

C. Rs. 6000

D. Rs. 8000

Answer:- 4

 

102. A sum of Rs. 6600 was taken as a loan. This is to be repaid in two equal annual instalments. If the rate of interest be 20% compounded annually then the value of each instalment is

A. Rs. 4320

B. Rs. 2220

C. Rs. 4400

D. Rs. 4420

Answer:- 1

103. If in a certain number of years Rs. 10000 amount to Rs. 160000 at compound interest, in half that time Rs. 10000 will amount to:

A. Rs. 50000

B. Rs. 40000

C. Rs. 80000

D. Rs. 60000

Answer:- 2

104. What will be the amount if a sum of Rs. 10000 is placed at compound interest for 3 years while rate of interest for the first, second and third years is 2, 5 and 10 percent, respectively?

A. Rs. 11781

B. Rs. 11244

C. Rs. 11231

D. Rs. 11658

Answer:- 1

105. Simple interest on a sum at 5% per annum for 2 years is Rs. 60. The compound interest on the same sum for the same period is

A. Rs. 62.4

B. Rs. 61.5

C. Rs. 62

D. Rs. 60.5

Answer:- 2

106. A sum of Rs. 1600 gives a simple interest of Rs. 252 in 2 years and 3 months. The rate of interest per annum is:?

(a)51/2% 

(b) 8%

(c) 7%  

(d) 6%

(e)none of these

Answer:- 3

 

107. A sum of Rs. 1750 is divided into two parts such that the interests on the first part at 8% simple interest per annum and that on the other part of 6% simple interest per annum are equal. The interest on each part (In rupees) is ?

(a) 60  

(b) 65

(c) 70  

(d) 40

(e)none of these

Answer:- 1

 

108. Rs. 500 was invested at 12% per annum simple interest and a certain sum of money invested at 10% per annum simple interest at. If the sum of the interests on both the sums after 4 years is Rs. 480, the latter sum of money is? 

(a  Rs. 450  

(b) Rs. 750

(c) Rs. 600  

(d) Rs. 550

(e)none of these

Answer:- 3

 

109. A sum of money lent out at simple interest amounts of Rs. 720 after 2 years and to Rs. 1020 after a further period of 5 years. The sum is?

(a)Rs. 500  

(b) Rs. 600

(c) Rs. 700  

(d) Rs. 710

(e)none of these

Answer:- 2

 

110. In what time will Rs. 72 become Rs. 81 at 25/4% per annum simple interest? 

(a2 years  

(b) 3 years 

(c) 2 years 6 months 

(d) Can't determine

(e)None of these 

Answer:- 1

 

111. The simple interest on a certain sum for 8 months at 4% per annum is Rs. 129 less than the simple interest on the same sum for 15 months at 5% per annum. The sum is: 

(a) Rs. 2580 

(b) Rs. 2400

(c) Rs. 2529 

(d) Rs. 3600

(e)None of these 

Answer:- 4

 

112. A person deposited Rs. 400 for 2 years, Rs. 550 for 4 years and Rs. 1,200 for 6 years. He received the total simple interest of Rs. 1,020. The rate of interest per annum is ?

(a)10%  

(b) 5%

(c) 15%  

(d) 20%

(e)None of these 

Answer:- 1

 

113. A sum of money becomes 7/6 of itself in 3 years at a certain rate of simple interest. The rate per annum is?

(a) 5 5/9%  

(b) 6 5/9%

(c) 18%  

(d) 25%

(e)None of these 

Answer:- 1

 

114. At what rate per cent per annum will the simple interest on a sum of money be 2/5 of the amount in 10 years? 

(a) 4  

(b) 6

(c) 52/3  

(d) 62/3

(e)None of these 

Answer:- 1

 

115. Simple interest on a certain sum for 6 years is 9/25 of the sum. The rate of interest is ?

(a) 6%  

(b) 6 1/2%

(c) 8%  

(d) 8 1/2%

(e)None of these 

Answer:- 1

 

116. A man saves Rs 200 at the end of each year and lends the money at 5% compound interest. How much will it become at the end of 3 years.

A.Rs 662

B.Rs 662.01

C.Rs 662.02

D.Rs 662.03

E.none of these

Answer:- 3

 

117. Find the compound interest on Rs.16,000 at 20% per annum for 9 months, compounded quarterly

A.Rs 2520

B.Rs 2521

C.Rs 2522

D.Rs 2523

E.none of these

Answer:- 3

 

118. At what rate of compound interest per annum will a sum of Rs. 1200 become Rs. 1348.32 in 2 years

A.3%

B.4%

C.5%

D.6%

E.none of these

Answer:- 4

 

119. The least number of complete years in which a sum of money put out at 20% compound interest will be more than doubled is

A.4 years

B.5 years

C.6 years

D.7 years

E.none of these

Answer:- 1

 

120. Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 4000 for 2 years at 10% per annum. The sum placed on simple interest is

A.Rs 1650

B.Rs 1750

C.Rs 1850

D.Rs 1950

E.none of these

Answer:- 2

 

121. What will be the difference between simple and compound interest @ 10% per annum on the sum of Rs 1000 after 4 years

A.Rs 62.10

B.Rs 63.10

C.Rs 64.10

D.Rs 65.10

E.none of these

Answer:- 3

 

122. The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 4% per annum is Rs 1. Find the sum

A.Rs 600

B.Rs 625

C.Rs 650

D.Rs 675

E.none of these

Answer:- 2

 

123. On a sum of money, simple interest for 2 years is Rs 660 and compound interest is Rs 696.30, the rate of interest being the same in both cases.

A.8%

B.9%

C.10%

D.11%

E.none of these

Answer:- 4

 

124. If the simple interest on a sum of money for 2 years at 5% per annum is Rs. 50, what is the compound interest on the same at the same rate and for the same time?

A.Rs. 51.25 

B.Rs. 52

C.Rs. 54.25 

D.Rs. 60

E.none of these

Answer:- 1

 

125. The difference between compound interest and simple interest on an amount of Rs. 15,000 for 2 years is Rs. 96. What is the rate of interest per annum?

A.8 

B.10

C.12 

D.Cannot be determined

E.None of these

Answer:- 1