SIMPLE INTEREST

1. What is the rate percent when the simple interest on Rs.800 amount to Rs.160 in 4 Years?

      A. 5% B. 6%

2. 4000 was divided into two parts such a way that when first part was invested at 3% and the second at 5%, the whole annual interest from both the investments is Rs.144, how much was put at 3%?

A. Rs.2500

B. Rs.2700

C. Rs.2800

3. If Re.1 amounts to Rs.9 over a period of 20 years. What is the rate of simple interest?

A. 26 2/3 % 

B. 30 % 

C. 27 1/2% 

D. 40 %

4. What annual installment will discharge a debt of Rs 1092 due in 3 years at 12% simple interest?

A. Rs.325

B. Rs.545

5. The simple interest on a certain sum of money at the rate of 5% p.a. for 8 years is Rs. 840. At what rate of interest the same amount of interest can be received on the same sum after 5 years.

A.2%

B.4%

C.8%

6. Rs.4500 amounts to Rs.5544 in two years at compound interest, compounded annually. If the rate of the interest for the first year is 12%, find the rate of interest for the second year?

A. 10% 

B. 12%

7. At 5% per annum simple interest, Rahul borrowed Rs. 500. What amount will he pay to clear the debt after 4 years

A. Rs. 400

B. Rs. 600

8. Find the principle on a certain sum of money at 5% per annum for 2 2/5 years if the amount being Rs.1120?

A. Rs.1000       B. Rs.1100

9. If Rs. 64 accounts to Rs. 83.20 in 2 years, what will Rs. 86 amount to in 4 years at the same rate per cent per annum?

A. Rs. 51.60

B. Rs. 50

10. A certain sum amounts to Rs.1725 in 3 years and Rs.1875 in 5 years. Find the rate % per annum?

A. 3%     B. 5%