Q1.
What sum
of money yields a simple interest of Rs.1152 at 12% p.a. in three years? .
(a) Rs.3500 .
(b) Rs.3800 .
(c) Rs.3200 .
(d) Rs.3000 .
Q2.
A sum becomes 7/5 times of itself at simple
interest in 5 years. Find the rate of interest. .
(a) 8% p.a. .
(b) 11% p.a. .
(c) 10% p.a. .
(d) 9% p.a. .
Q3.
A sum of money was lent at a certain rate of
simple interest. It amounted to Rs.1258.4 at the end of 3
years and to
Rs.1352 at the end of 5 years. Find the rate of interest.
(a) 6% p.a .
(b) 5% p.a .
(c) 7% p.a .
(d) 4% p.a .
Q4.
A sum of Rs.3700 amounts to Rs.5476 in four
years invested at simple interest. If the rate of interest is 6% p.a. more,
then, the sum becomes how much in the same time period? .
(a) Rs.6364 .
(b) Rs.5463 .
(c) Rs.6463 .
(d) Rs.6354 .
Q5.
A sum of amount generates a compound
interest of 72.8% of the amount in three years. The rate of interest is .
(a) 10% p.a .
(b) 15% p.a .
(c) 20% p.a .
(d) 25% p.a .
Q6.
What is the difference between the compound
interest on Rs.12000 at 20% p.a. for one year when compounded yearly and half
yearly? .
(a) Rs.140 .
(b) Rs.120 .
(c) Rs.130 .
(d) Rs.110 .
Q7.
The difference between the compound interest
and simple interest for the amount of Rs.7,200 in two years is Rs.288. The rate
of interest is .
(a) 5% p.a .
(b) 10% p.a .
(c) 15% p.a .
(d) 20% p,a
Q8.
A person gets Rs.200 more interest by
investing Rs.20000 at R% p.a. compound interest instead of simple interest for
two years. Find R. .
(a) 12
(b) 20
(c) 15
(d) 10
Q9.
Suresh borrowed a certain amount from a bank
at compound interest of 8 % p.a. compounded annually. He lent the whole amount
to Rani at a simple interest of 15% p.a. At the end of two years Suresh gained
an amount of Rs.2004. The amount borrowed by Suresh was _________.
(a) Rs.12000 .
(b) Rs.15000 .
(c) Rs.18000 .
(d) Rs.21000 .
Q10.
A sum was lent at a certain rate of compound
interest for years. It amounted to Rs.2704 at the end of 2 years and to
Rs.2812.16 at the end of 3 years. Find the sum. .
(a) Rs.2500 .
(b) Rs.2450 .
(c) Rs.2600 .
(d) Rs.2550 .
Answer
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1.C.
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2.A.
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3.A.
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4.A.
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5.C.
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6.B.
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7.D.
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8.D.
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9.B.
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10.A.
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