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A person invested a sum of Rs.750 in a bank at simple interest. After 5 years he received Rs.1200. Find the rate of interest offered by the bank.
- Option 1)
10% p.a
- Option 2)
11% p a
- Option 3)
14% p a
- Option 4)
12% p.a
- Option 5)
20% p.a
A person borrowed Rs 1000 at the rate of 10% per annum simple interest. What is the amount he has to pay after 5 years to clear the debt?
- Option 1)
Rs.1564
- Option 2)
Rs.1520
- Option 3)
Rs.1500
- Option 4)
Rs.1550
- Option 5)
Rs.1532
A person invested a certain sum for five years at the rate of r% per annum simple interest. If he had invested the same sum at the same rate compounded half yearly for one year, he would have received the same amount. Find the value of r.
- Option 1)
1000%
- Option 2)
1600%
- Option 3)
900%
- Option 4)
500%
- Option 5)
800%
Raju took a loan at 8% per annum simple interest for a period of 5 years. At the end of five years he paid Rs.10640 to clear his loan. How much loan did he take?
- Option 1)
Rs.7800
- Option 2)
Rs.8000
- Option 3)
Rs.7700
- Option 4)
Rs.7600
- Option 5)
Rs.8500
Abhay borrowed some money from Ajay at 15% per annum simple interest. He then added some more amount and lent to Vijay at 20% per annum simple interest. At the end of the year, the difference between the interest received and paid by Abhay is Rs.325. If Abhay lent Rs.3500 to Vijay, then how much loan did Abhay take from Ajay?
- Option 1)
Rs.1000
- Option 2)
Rs.2510
- Option 3)
Rs.2200
- Option 4)
Rs.2500
- Option 5)
Rs.1800
What annual instalment will discharge a debt of Rs.1815 due in 3 years at 10% simple interest?
- Option 1)
Rs.500
- Option 2)
Rs.530
- Option 3)
Rs.550
- Option 4)
Rs.580
- Option 5)
Rs.520
Raju took a loan at 8% per annum simple interest for a period of 5 years. At the end of five years he paid Rs.10640 to clear his loan. How much loan did he take?
- Option 1)
Rs 8500
- Option 2)
Rs 8000
- Option 3)
Rs 7700
- Option 4)
Rs 7600
- Option 5)
Rs 7500
Ashok has to deposit a total of Rs.18000 in two savings schemes of a bank, of which the first one yields a simple interest of 6% p.a. and the second one yields 8% p.a. simple interest. How much should Ashok deposit in the first scheme so that the total amount deposited earns interest at a rate of 7.6% p.a.?
- Option 1)
Rs.4400
- Option 2)
Rs.3600
- Option 3)
Rs.7200
- Option 4)
Rs.3500
- Option 5)
Rs.5600
A sum of money invested at simple interest amounts to Rs 2480 at the end of four years and Rs.4080 at the end of eight years. Find the principal.
- Option 1)
Rs.2040
- Option 2)
Rs.1600
- Option 3)
Rs.1240
- Option 4)
Rs.880
- Option 5)
Rs. 1480
What would a sum of Rs.8800 amount to in 16 years at a simple interest rate of 12% every year?
- Option 1)
Rs.20000
- Option 2)
Rs.18846
- Option 3)
Rs.25696
- Option 4)
Rs.32322
- Option 5)
Rs.14440
Find the present value (in Rs.) of Rs.3000 due after 5 years at 10% p.a. simple interest.
- Option 1)
1600
- Option 2)
1800
- Option 3)
2000
- Option 4)
2500
- Option 5)
1500
A sum doubles in 8 years at simple interest. In how many years will the sum become 4 times the original sum?
- Option 1)
16
- Option 2)
24
- Option 3)
64
- Option 4)
40
- Option 5)
32
The interest for the 3rd year on a certain sum at a certain rate of simple interest is Rs.3000. find the sum of the interests accrued on it in the 6th, 7th and 8th years.
- Option 1)
Rs.3000
- Option 2)
Rs.9000
- Option 3)
Rs.4500
- Option 4)
Rs.12000
- Option 5)
Rs.6000
If Rs.2000 amounts to Rs.2500 in 2 years at simple interest, what is the rate of interest per annum?
- Option 1)
8%
- Option 2)
37.5%
- Option 3)
22%
- Option 4)
12.5%
- Option 5)
25%
Find the simple interest earned on Rs.20000 for 2 years at 10% p.a.
- Option 1)
Rs.4500
- Option 2)
Rs.2000
- Option 3)
Rs.4000
- Option 4)
Rs.5000
- Option 5)
Rs.6000