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question_answer1)
A man took a loan from a bank at the rate of 12% p.a. simple interest. After 3 years he had to pay Rs. 5400 as interest. Find the principal amount borrowed by him.
A)
Rs. 12000 done
clear
B)
Rs. 20000 done
clear
C)
Rs. 15000 done
clear
D)
Rs.10500 done
clear
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question_answer2)
Mohan borrowed Rs. 30000 for 3 years. He paid simple interest at the rate of 12 % p.a. How much interest did he pay?
A)
Rs. 10800 done
clear
B)
Rs. 16200 done
clear
C)
Rs. 12400 done
clear
D)
Rs. 13326 done
clear
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question_answer3)
Vani deposited Rs. 10000 in a savings bank account. The bank paid simple interest at the rate of 11% p.a. How much interest did her money earn in 9 months?
A)
Rs. 750 done
clear
B)
Rs. 675 done
clear
C)
Rs. 825 done
clear
D)
Rs. 430 done
clear
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question_answer4)
How long will Rs. 1500 take to yield a simple interest of Rs. 80 at 8% per annum?
A)
6 months done
clear
B)
7 months done
clear
C)
8 months done
clear
D)
9 months done
clear
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question_answer5)
Find the interest and amount on Rs. 1200 at the rate of 4.5% simple interest for 2.5 years.
A)
Rs. 200, Rs. 1400 done
clear
B)
Rs. 135, Rs. 1335 done
clear
C)
Rs. 175, Rs. 1375 done
clear
D)
Rs. 325, Rs.1525 done
clear
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question_answer6)
At what rate of simple interest will Rs. 7800 earn Rs. 260 in 8 months
A)
2% done
clear
B)
5% done
clear
C)
4% done
clear
D)
3% done
clear
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question_answer7)
Murali borrowed Rs. 6750 for a period of 219 days. He was charge simple interest at the rate of 4.5% p.a. How much interest did he pay?
A)
Rs. 195.75 done
clear
B)
Rs. 140.50 done
clear
C)
Rs. 182.25 done
clear
D)
Rs. 200.25 done
clear
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question_answer8)
What is the principal, if the simple interest at the rate of 12.5% for 2 years is Rs. 400?
A)
Rs. 5000 done
clear
B)
Rs. 2000 done
clear
C)
Rs. 2500 done
clear
D)
Rs. 1600 done
clear
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question_answer9)
What sum of money will amount to Rs. 6525 in 5 years at 9% per annum simple interest?
A)
Rs. 8000 done
clear
B)
Rs. 7500 done
clear
C)
Rs. 4500 done
clear
D)
Rs. 5000 done
clear
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question_answer10)
Srikanth deposited Rs. 16000 in a bank that paid simple interest at the rate of 8% p.a. How much interest does he earn after 2 years?
A)
Rs. 2560 done
clear
B)
Rs. 2530 done
clear
C)
Rs. 2540 done
clear
D)
Rs. 2580 done
clear
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question_answer11)
In how many years will the simple interest on Rs. 1600 at the rate of\[5\frac{1}{2}%\]be Rs. 484?
A)
\[2\frac{1}{2}\]years done
clear
B)
\[4\frac{1}{2}\]years done
clear
C)
\[3\frac{1}{2}\]years done
clear
D)
\[5\frac{1}{2}\]years done
clear
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question_answer12)
Asha deposited Rs. 1500 in a savings bank. The bank offered a simple interest rate of 12% p.a. Calculate the amount of money in Asha's account at the end of one year.
A)
Rs. 1660 done
clear
B)
Rs. 1650 done
clear
C)
Rs. 1690 done
clear
D)
Rs. 1680 done
clear
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question_answer13)
If the percentage of rate of interest and the number of years for which an amount has been invested are the same, then the interest \[\frac{9}{25}\] is of the investment. Find the rate of interest.
A)
3 % done
clear
B)
5 % done
clear
C)
4 % done
clear
D)
6 % done
clear
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question_answer14)
The simple interest on a sum of money is \[\frac{4}{9}\]of the principal. Find the rate percent and time, if both are numerically equal.
A)
\[2\frac{1}{2}%,\,2\frac{1}{2}\text{Yrs}\] done
clear
B)
\[3\frac{1}{3}%,\,3\frac{1}{3}\text{yrs}\] done
clear
C)
\[6\frac{2}{3}%,\,6\frac{2}{3}\text{yrs}\] done
clear
D)
\[4\frac{2}{3}%,\,4\frac{2}{3}\text{yrs}\] done
clear
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question_answer15)
What is the ratio of simple interest earned by a certain sum at the same rate of interest for 6 years and that for 9 years?
A)
1 :3 done
clear
B)
1 :5 done
clear
C)
2:3 done
clear
D)
1 : 2 done
clear
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question_answer16)
Using the given table, find the value of X.
Principal | Rate p.a | Time | Amount |
Rs. 30000 | 12% | 9 months | X |
A)
Rs. 34800 done
clear
B)
Rs. 36500 done
clear
C)
Rs. 32700 done
clear
D)
Rs. 38500 done
clear
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question_answer17)
A sum of money at simple interest amounts to Rs. 815 in 3 years and to Rs. 854 in 4 years. Find the sum.
A)
Rs. 698 done
clear
B)
Rs. 428 done
clear
C)
Rs. 729 done
clear
D)
Rs. 935 done
clear
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question_answer18)
Find the amount due and the compound interest on Rs. 6000 for two years at 9% per annum.
A)
Rs. 6375.50, Rs. 1375.50 done
clear
B)
Rs. 7125.40, Rs. 1125.40 done
clear
C)
Rs. 7520.75, Rs. 1520.75 done
clear
D)
Rs. 7128.60, Rs.1128.60 done
clear
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question_answer19)
The compound interest after 3 years at a rate of 10% is Rs. 331. Find the principal.
A)
Rs. 5000 done
clear
B)
Rs. 2000 done
clear
C)
Rs. 1000 done
clear
D)
Rs. 3000 done
clear
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question_answer20)
Find the compound interest on Rs. 16000 at the rate of 5% for three years.
A)
Rs. 3511 done
clear
B)
Rs. 2522 done
clear
C)
Rs. 1733 done
clear
D)
Rs. 4566 done
clear
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question_answer21)
If the amount on Rs. 6400 after two years is Rs. 7396, find the rate of compound interest.
A)
5.5% done
clear
B)
4.5% done
clear
C)
6.5% done
clear
D)
7.5% done
clear
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question_answer22)
Find the C.I. on Rs. 8000 for one year at 6% per annum compounds half-yearly.
A)
Rs. 487.20 done
clear
B)
Rs. 383.10 done
clear
C)
Rs. 528.30 done
clear
D)
Rs. 624.40 done
clear
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question_answer23)
The compound interest on Rs. 30000 at 7% per annum is Rs. 4347. Find the period in years.
A)
1 done
clear
B)
2 done
clear
C)
3 done
clear
D)
4 done
clear
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question_answer24)
If the compound interest at the rate of \[7\frac{1}{2}%\] for 2 years is Rs. 996, find the principal.
A)
Rs. 6400 done
clear
B)
Rs. 7500 done
clear
C)
Rs. 5000 done
clear
D)
Rs. 4800 done
clear
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question_answer25)
If the amount after 3 years at the rate of 5% compound interest is Rs. 9261, what is the principal?
A)
Rs. 8000 done
clear
B)
Rs. 5000 done
clear
C)
Rs. 6000 done
clear
D)
Rs. 4000 done
clear
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question_answer26)
Find the principal that amounts to Rs. 4624 at 6, p.a. compound interest in 2 years.
A)
Rs. 4025 done
clear
B)
Rs. 4096 done
clear
C)
Rs. 4060 done
clear
D)
Rs. 4010 done
clear
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question_answer27)
Find the principal which yields a C.I. of Rs. 1230 in 2 years at 5% p.a.
A)
Rs. 15000 done
clear
B)
Rs. 12000 done
clear
C)
Rs. 20000 done
clear
D)
Rs. 16000 done
clear
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question_answer28)
In how many years will the amount on Rs. 2500, at the rate of 8 % compound interest be Rs. 2916?
A)
2 yrs done
clear
B)
3 yrs done
clear
C)
3 yrs done
clear
D)
5 yrs done
clear
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question_answer29)
What is the difference between simple and compound interests on a sum of Rs. 1000, at 10% per annum after 4 years?
A)
Rs. 54.50 done
clear
B)
Rs. 75.50 done
clear
C)
Rs. 64.10 done
clear
D)
Rs. 60.60 done
clear
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question_answer30)
The difference between compound interest and simple interests on an amount of Rs. 15000 for 2 years is Rs. 96. What is the rate of interest per annum?
A)
9 % done
clear
B)
8 % done
clear
C)
7 % done
clear
D)
6 % done
clear
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question_answer31)
What is the compound interest on Rs. 8000 at 20% per annum for 9 months compounded quarterly?
A)
Rs. 1251 done
clear
B)
Rs. 1261 done
clear
C)
Rs. 1271 done
clear
D)
Rs. 1281 done
clear
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question_answer32)
Sundar invested an amount of Rs. 10000 for 3 years at the rate of 10 percent per annum compounded annually. How much will he get after 3 years?
A)
Rs. 12340 done
clear
B)
Rs. 13210 done
clear
C)
Rs. 13320 done
clear
D)
Rs. 13310 done
clear
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question_answer33)
A sum of money becomes \[\frac{41}{40}\] of itself in \[\frac{1}{4}\] year at a certain rate of simple interest. Find the rate of interest per annum.
A)
10% done
clear
B)
3% done
clear
C)
2.5% done
clear
D)
5% done
clear
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question_answer34)
A sum fetched a simple interest of Rs. 4016.25 at the rate of 9 % p.a. in 5 years. What is the sum?
A)
Rs. 4462.50 done
clear
B)
Rs. 8032.50 done
clear
C)
Rs. 8925 done
clear
D)
Rs. 5425.50 done
clear
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question_answer35)
What is the difference between S.I. and C.I. on a sum of Rs. 4000 at 5% p.a for two years?
A)
Rs. 10 done
clear
B)
Rs. 15 done
clear
C)
Rs. 5 done
clear
D)
Rs. 20 done
clear
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question_answer36)
A sum of Rs. 12500 amounts to Rs. 15500 in 4 years at simple interest. What is the rate of interest?
A)
7% done
clear
B)
4% done
clear
C)
5% done
clear
D)
6% done
clear
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question_answer37)
The C.I. on a certain sum for 2 years is Rs. 410 and S.I. is Rs. 400. Find the rate of interest per annum.
A)
10% done
clear
B)
8% done
clear
C)
5% done
clear
D)
4% done
clear
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question_answer38)
In what time will Rs. 1000 become Rs. 1331 at 10% per annum compounded annually?
A)
3 years done
clear
B)
4 years done
clear
C)
5 years done
clear
D)
6 years done
clear
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question_answer39)
If the annual rate of simple interest increases from 10% to \[12\frac{1}{2}%,\]a man's yearly income increases by Rs. 1250. Find the principal.
A)
Rs. 45000 done
clear
B)
Rs. 50000 done
clear
C)
Rs. 60000 done
clear
D)
Rs. 65000 done
clear
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question_answer40)
The difference in S.I. and C.I. on a certain sum of money for 2 years at 15% p.a. is Rs. 144. Find the sum.
A)
Rs. 6000 done
clear
B)
Rs. 6200 done
clear
C)
Rs. 6300 done
clear
D)
Rs. 6400 done
clear
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