1. A sum of money at simple interest trebles itself in 15 years. It will become 5 times of itself in ?

40 years

36 years

30 years

25 years

Answer: 30 years

Explanation:


2. A and B borrowed Rs. 3000 and Rs. 3200 respectively at the same rate of interest for 2 and 1/2 years. If B paid Rs. 40 more interest than A, find the rate of interest ?

5%

7%

8%

6%

Answer: 8%

Explanation:


3. The difference between simple interest and the true discount on Rs. 2400 due 4 years hence at 5% per annum simple interest is ?

Rs. 30

Rs. 70

Rs. 80

Rs. 50

Answer: Rs. 80

Explanation:


4. A sum of 2,400 amounts to3,264 in 4 years at a certain rate of simple interest. If the rate of interest is increased by 1%, the same sum in the same time would amount to ?

3,288

3,312

3,340

3,360

Answer: 3,360

Explanation:


5. A sum of Rs. 800 becomes Rs. 956 in 3 years at a certain rate of simple interest. If the rate of interest is increased by 4%, what amount will the same sum become in 3 years ?

Rs. 1025

RS. 1042

Rs. 1052

Rs. 1024

Answer: Rs. 1052

Explanation:


6. A sum of 10,000 is lent partly at 8% and remaining at 10% per annum. If the yearly interest on the average is 9.2%, the two parts are ?

4000, 6000

4500, 5500

5000, 5000

5500, 4500

Answer: 4000, 6000

Explanation:


7. Ramesh deposited 15600 in a fixed deposit at the rate of 10% per annum simple interest. After every second year, he adds his interest earnings to the principal. The interest at the end of fourth year is ?

1716

1560

3432

1872

Answer: 1872

Explanation:


8. If a man receives on one-fourth of his capital 3% interest, on two third 5% and on the remainder 11%, the percentage he receives on the whole is ?

4.5%

5%

5.5%

5.2%

Answer: 5%

Explanation:


9. A money lender lends Rs. 400 for 3 years to a person and lends Rs. 500 for 4 years to the other person at the same rate of simple interest. If altogether he receives Rs. 160 as interest, what is the rate of interest per annum ?

5%

7%

9%

10%

Answer: 5%

Explanation:


10. A person who pays income tax at the rate of 4 paise per rupee, find that a fall of interest rate from 4% to 3.75% diminishes his net yearly income by 48. What is his capital ?

24,000

25,000

20,000

18,000

Answer: 20,000

Explanation: