1. A sum of 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 at 6% simple interest per annum are equal. The interest on each part (In rupees) is ?

60

65

70

40

Answer: 60

Explanation:


2. A sum of 1550 was lent partly at 5% and partly at 8% simple interest. The total interest received after 3 years is 300. The ratio of money lent at 5% to that at 8% is ?

5 : 8

8 : 5

31 : 6

16 : 15

Answer: 16 : 15

Explanation:


3. In a certain time, the ratio of a certain principal and the simple interest obtained from it are in the ratio 10 : 3 at 10% interest per annum. The number of years the money was invested is ?

1 year

3 years

5 years

7 years

Answer: 3 years

Explanation:


4. The simple interest on a sum for 5 years is two-fifth of the sum. The rate of interest per annum is ?

0.1

0.08

0.06

0.04

Answer: 0.08

Explanation:


5. A certain sum of money becomes three times of itself in 20 years at simple interest. In how many years does it become double of itself at the same rate of simple interest ?

8 years

10 years

12 years

14 years

Answer: 10 years

Explanation:


6. At a certain rate of simple interest, a certain sum of money becomes double of itself in 10 years. It will become treble of itself in ?

15 years

18 years

20 years

30 years

Answer: 20 years

Explanation:


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

2,580

2400

2529

3600

Answer: 3600

Explanation:


8. A borrows 800 at the rate of 12% per annum simple interest and B borrows 910 at the rate of 10% per annum, simple interest. In how many years will their amounts of debt be equal ?

18 years

20 years

22 years

24 years

Answer: 22 years

Explanation:


9. A person borrows some money for 5 years and loan amount : total interest amount is 5 : 2. The ratio of loan amount : interest rate is equal to ?

2 : 25

2 : 1

5 : 2

25 : 2

Answer: 25 : 2

Explanation:


10. If ratio of principal and simple interest for 1 year is 25 : 1, then the rate of interest is ?

4%

25%

5%

20%

Answer: 4%

Explanation: