1. 500 was invested at 12% per annum simple interest and a certain sum of money invested at 10% per annum simple interest. If the sum of the interest on both the sum after 4 years is 480, the latter sum of money is ? 450 750 600 550 Answer: 600 Explanation: View Answer Discuss in Forum Report Question

 2. A man took a loan from a bank at the rate of 12% per annum at simple interest. After 3 years he had to pay 5,400 as interest only for the period. The principal amount borrowed by him was ? 2,000 10,000 20,000 15,000 Answer: 15,000 Explanation: View Answer Discuss in Forum Report Question

 3. In simple interest rate per annum a certain sum amounts to Rs. 5,182 in 2 years and Rs. 5,832 in 3 years. The principal in rupees is ? Rs. 2882 Rs. 5000 Rs. 3882 Rs. 4000 Answer: Rs. 3882 Explanation: View Answer Discuss in Forum Report Question

 4. If the simple interest for 6 years be equal to 30% of the principal, it will be equal to the principal after ? 20 years 30 years 10 years 22 years Answer: 20 years Explanation: View Answer Discuss in Forum Report Question

 5. The rate of simple interest per annum at which a sum of money doubles itself in 16 and 2/3 years is ? 4 % 5 % 6 % 7 % Answer: 6 % Explanation: View Answer Discuss in Forum Report Question

 6. 6,000 becomes 7,200 in 4 years at a certain rate of simple interest. If the rate becomes 1.5 times of itself, the amount of the same principal in 5 years will be ? 8,000 8,250 9,250 9,000 Answer: 8,250 Explanation: View Answer Discuss in Forum Report Question

 7. In how many years a sum of Rs. 3000 will yield an interest of Rs. 1080 at 12% per annum simple interest ? 4 years 3 years 5 years 6 years Answer: 3 years Explanation: View Answer Discuss in Forum Report Question

 8. If the simple interest on Re. 1 for 1 month is 1 paisa, then the rate per cent per annum will be ? 10% 8% 12% 6% Answer: 12% Explanation: View Answer Discuss in Forum Report Question

 9. The sum lent at 5% per annum (i.e. 365 days) simple interest, that produces interest, of 2.00 a day, is ? 1,400 14,700 14,600 7,300 Answer: 14,600 Explanation: View Answer Discuss in Forum Report Question

 10. In how many years will a sum of 3,000 yield a simple interest of 1,080 at 12% per annum ? 3 years 2 and 1/2 years 2 years 3 and 1/2 years Answer: 3 years Explanation: View Answer Discuss in Forum Report Question