LAST TIME REVISION (INTREST) -2

Simple interest on a sum for 6 months at the rate of 5% per annum is Rs65.5. What is the value of sum?
a) 2600 b) 2620 c) 1320 d) 2880

2) A person borrows some money for 8 years at the rate of simple interest. If the ratio of principal and total interest 5:8, then what is the rate (in percentage) of interest?
a) 10 b) 20 c) 25 d) 30 

3) simple interest on a sum of 5 years is equals to 20% of the principal. In how many years interest will be equal to the principal ?
a) 20 b) 25 c) 15 d) 16 

4) Deepak land Rs8800 to Jaichand for 13 year and Rs5500 to Kapil for 12 years on simple interest at the same rate of interest and received Rs14432 in all from both of them as interest. The rate of interest per annum is 
a) 8.5% b) 9% c) 9.5% d) 8%

5) The simple interest on a sum for 8 years is Rs47500. The rate of interest for the first 5 year is 10% per annum and for the next 3 years is 15%. What is the value of sum?
a) 50000 b) 60000 c) 45000 d) 62500

6) A sum of Rs8000 is divided into two parts. The simple interest on first part at the rate of 21% per annum is equals to the simple interest on second part of the rate of 35% per annum is equal to the simple interest on second part at the rate of 35% per annum. What is the interest of ech part.
a) 1050  b) 840  c) 1400 d) 1220

7) A sum becomes Rs2286 in 3 years and Rs2448 in 4 years at simple interest. What is the rate (in percentage) of intrest per annum?
a) 10 b) 9 c) 8 d) 11 

8) A sum of Rs1200 amount to Rs1740 in 3 years at simple interest. If the rate of interest is increased by 3%, then what will be the new amount ?
a) 1848  b) 1946 c) 1812 d) 1924 

9) A certain sum was invested on simple interest. The amount to which it had grown in 5 years was 5/4 times the amount to which it had grown in 3 years. The percentage rate of interest was 
a) 20 b) 25 c) 33 d) 50 

10) A borrowed a sum of Rs3000 from his friends B on 31st December 2007 on the condition that he would return the same after 1 year with simple interest at 15% per annum. However, A gets into a position of returning the sum on 31st August 2008. How much amount had A return to B ?
a) 3330 b) 3200 c) 3310 d) 3305 

11) At what rate of compound interest per annum will a sum of Rs50000 becomes Rs73205 in 2 years
a) 21% b) 19% c) 17% d) 15% 

12) A sum is invested for 3 years at compound interest at 5%, 10% and 20% respectively. In 3 years, If the sum of the amounts to Rs16632, then find the sum.
a) 11000 b) 12000 c)  13000 d) 14000 

13) A sum of Rs2000 becomes Rs3645 in 2 years at a certain rate of compound interest. What will be the sum (in Rs) after 4 years ?
a) 5942.125  b) 6643.0125 c) 7243.0125 d) 7498.125

14) An amount at compound interest doubles itself in 4 years. In how many years will the amount become 8 times itself ?
a) 8 year b) 12 year c) 16 year d) 24 year

15) What is the compound interest on a sum of Rs4096 at 15% per annum for 5/2 year, if the interest is compounded to 10 monthly ?
a) 1726 b) 1736 c) 1636 d) 1763 

16) A Bank offer 15% compund intrest per half year. A customer deposits Rs2400 each on 1st January and 1st July of a year. At the end of the year, the amount he would have given by way of interest is 
a) 2268 b) 1134 c) 567 d) 283 

17) Rs60000 invested at a certain rate for a certain even number of years, compounded annually, grows to Rs63654. To how much amount would it grow if it is invested at the same rate for half the period ?
a) 61800 b) 61809 c) 61675 d) 61827

18) If the amount received at the end of second and third year at compound interest on a certain principle is Rs30250 and 33275 respectively. What is the rate of interest ?
a) 10% b) 5% c) 20% d) 16% 

19) compound interest on a certain sum for 2 years at the rate of 11% per annum is Rs1160.5. What will be the simple interest for the same amount at the same rate of interest for 2 years.
a) 9000 b) 1000 c) 1100 d) 1050

20) The compound interest on a certain sum of money at 21% for 2 years is Rs11602.5. Its simple interest at the same rate and for the same period is
a) 10750  b) 16000 c) 12500 d) 10500 

21) On a certain principal if the simple interest for 2 years is Rs4800 and compound interest for 2 years is Rs5088, what is the rate of interest ?
a) 6% b) 24% c) 12% d)18%

22) Simple interest on certain sum of money 3 years at 8% per annum is half the compound interest on Rs1600 for 2 years at 10% per annum. The sum placed on simple interest is
a) 14000 b) 3500 c) 7000 d) 5600 

23) There is 75% increase in an amount in 5 years at the simple interest. What will be the compound interest of Rs40000 after 2 year at the same rate?
a) 25800 b) 32250 c) 12900 d) 19350

24) The simple interest on a certain sum for 7/2 year at 10% per annum is Rs2940. What will be the compound interest on the same sum for 5/2 year at the same rate when interest is compounded yearly (nearest to a rupees)
a) 2272 b) 2227  c) 2327 d) 2372

25) A sum of 7500 amounts to Rs8748 after 2 year at a certain compound interest rate per annum. What will be the simple interest on the same sum for 23/5 year at double the earlier interest rate ?
a) 4140  b) 5520 c) 8180 d) 2760

26) The compound interest on a certain sum for 3 years at 15% per annum intrest compounding yearly is Rs4167. What is the simple interest on the same sum in 24/5 year at the same rate ?
a) 6144 b) 6000 c) 4800 d) 5760 

27) A sum of Rs10000 amounts to Rs11664 in 2 years at a certain rate percent per annum, when the interest is compounded yearly. What will be the simple interest on the same sum for 27/5 at the same rate ?
a) 4320 b) 4160 c) 3840 d) 4040

28) An equal sum is invested in two different schemes. One scheme gives simple interest and the other gives compound interest (annual compounding ). The sum of interest obtained after 2 years from both the schemes is Rs2961. If both schemes have  23% per annum interest rate, then what is the first interest of simple interest scheme.
a) 500 b) 1100 c) 700 d) 900 

29) What is the difference between the compound interest, when the interest is compounded 5 monthly and the simple interest on a sum of Rs12000 for 5/4 years at 12% per annum?
a) 90 b) 91.50 c) 93 d) 92.50

30) The difference between simple interest and compound interest compounded annually on a certain sum of money for 2 years at 16% per annum is Rs320. What is the value of given sum?
a) 25000 b) 50000 c) 37500 d) 12500 

31) The difference between the compound interest and the simple interest on a sum at 10% per annum for 3 years is Rs 155. The sum is
a) 5500 b) 6000 c) 6600 d) 5000

32) A scooty is sold by an automobile agency for Rs19200 cash or for Rs4800 cash down payment together with 5 equal monthly installments. If the rate of interest charged by the company is 12% per annum, then the value of each installment (approximately in Rs) is 
a) 3125  b) 2965  c) 2800 d) 2825 

33)  A sum of Rs11000 was taken as loan. This is to be paid in two equal annual installments . If the rate of interest is 20% compound annually. then the value of each installment is
a) 7500 b) 7000 c) 7100 d) 7200

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