1.A sum of money lent out at simple interest amounts to Rs. 1008 in 2 years and Rs. 1164 in 3½ years. Find the rate % p.a.
 A. 13%
 B. 14%
 C. 12\frac{1}{2}\%
 D. 15%
 
  View Answer    Share    Workspace    Report
2.A sum of money lent out at simple interest amounts to Rs. 720 after 2 years and to Rs. 1,020 after a further period of 5 years. Find the sum and the rate %.
 A. Rs. 500, 10%
 B. Rs. 600, 10%
 C. Rs. 500, 12%
 D. Rs. 600, 12%
 
  View Answer    Share    Workspace    Report
3.A sum was put at simple interest at a certain rate for 4 years Had it been put at 2% higher rate, it would have fetched Rs. 56 more. Find the sum.
 A. Rs. 500
 B. Rs. 600
 C. Rs. 700
 D. Rs. 800
 
  View Answer    Share    Workspace    Report
4.In how many minimum number of complete years, the interest on Rs. 212.50 P at 3% per annum will be in exact number of rupees?
 A. 6
 B. 8
 C. 9
 D. 7
 
  View Answer    Share    Workspace    Report
5.A milk man borrowed Rs. 2,500 from two money lende For one loan, he paid 5% p.a. and for the other, he paid 7% p.a. The total interest paid for two years was Rs. 275. How much did he borrow at 7% rate?
 A. Rs. 600
 B. Rs. 625
 C. Rs. 650
 D. Rs. 675
 
  View Answer    Share    Workspace    Report
6.What annual instalment will discharge a debt of Rs. 4,200 due in 5 years at 10% simple interest?
 A. Rs. 500 per year
 B. Rs. 600 per year
 C. Rs. 700 per year
 D. Rs. 800 per year
 
  View Answer    Share    Workspace    Report
7.Adam borrowed some money at the rate of 6% p.a. for the first two years, at the rate of 9% p.a. for the next three years, and at the rate of 14% p.a. for the period beyond five years. If he pays a total interest of Rs. 11,400 at the end of nine years, how much money did he borrow?
 A. Rs. 10,000
 B. Rs. 12,000
 C. Rs. 14,000
 D. Rs. 16,000
 
  View Answer    Share    Workspace    Report
8.A certain amount earns simple interest of Rs. 1750 after 7 years Had the interest been 2% more, how much more interest would it have earned?
 A. Rs. 35
 B. Rs. 245
 C. Rs. 350
 D. Cannot be determined
 
  View Answer    Share    Workspace    Report