1. The sum of money, that will give 1 as interest per day at the rate of 5% per annum simple interest is ?

3650

36500

730

7300

Answer:

Explanation:


2. A lent 5000 to B for 2 years and 3000 to C for 4 years on simple interest at the same rate of interest and received 2200 in all from both as interest. The rate of interest per annum is ?

7%

5%

7 and 1/8 %

10%

Answer: 10%

Explanation:


3. At some rate of simple interest, A lent 6,000 to B for 2 years and 1,500 to C for 4 years and received 9,00 as interest from both of them together. The rate of interest per annum was ?

5%

6%

8%

10%

Answer: 5%

Explanation:


4. A sum of Rs. 12,500 amounts to Rs. 15,500 in 4 years at the rate of simple interest. What is the rate of interest ?

3%

4%

5%

6%

Answer: 6%

Explanation:


5. A sum of money lent at simple interest amounts to 880 in 2 years and to 920 in 3 years. The sum of money (in rupees) is ?

700

760

784

800

Answer: 800

Explanation:


6. A certain sum of money amounts to 756 in 2 years and to 873 in 3 and 1/2 years at a certain rate of simple interest. The rate of interest per annum is ?

10%

11%

12%

13%

Answer: 13%

Explanation:


7. If the simple interest on a certain sum of money for 15 months at 7 and 1/2 % per annum exceeds the simple interest on the same sum for 8 months at 12 and 1/2 % per annum by 32.50, then the sum of money (in ) is ?

312

312.50

3120

3120.50

Answer: 3120

Explanation:


8. Arun lends 20,000 to two of his friends. He gives 12,000 to the first at 8% p.a. simple interest. Arun wants to make a profit of 10% on the whole. The simple interest rate at which he should lend the remaining sum of money to the second friend is ?

8%

16%

12%

13%

Answer: 13%

Explanation:


9. Ramesh borrowed a sum at 5 per annum simple interest from Rahul. He returns the amount after 5years. Rahul returns 2 % of the total amount received. How much did Ramesh borrowed if he received Rs. 5 ?

Rs. 250

Rs. 200

Rs. 150

Rs. 175

Answer: Rs. 200

Explanation:


10. A person lent 5,000 partly at the rate of 4 per cent and partly at the rate of 5 per cent per annum simple interest. The total interest after 2 years is 440. To find the sum of money lent at each of the above rates, 5,000 is to be divided in the ratio ?

4 : 5

3 : 2

5 : 4

2 : 3

Answer: 3 : 2

Explanation: