Q1. The simple interest on Rs. 500/- for 6 years at 5% p.a.
is:
1) 250/-
2) 150/-
3) 140/-
4) 120/-
Q2. In what time will a man get Rs. 87 as simple interest on Rs.
725 at 4% p.a.?
1) 3 yrs
2) 3½ yrs
3) 4 yrs
4) 5 yrs
Q3. The simple interest on a certain sum for 3 years at 9½% p.a.
is Rs. 159.60. The sum is:
1) 480/-
2) 580/-
3) 460/-
4) 640/-
Q4. The sum of money that will give Rs. 1 as interest per day at
5% p.a. simple interest is:
1) 3,650
2) 36,500
3) 730
4) 7,300
Q5. The simple interest on Rs. 200 for 7 months at 5 paise per
rupee per month is:
1) 70/-
2) 7/-
3) 35/-
4) 30.50
Q6. The S.I. on a certain sum of money for 7 years @ 12% p.a. is
Rs. 3,864. Had the rate of interest been 3% less, what would
have been the S.I. on the same sum for 4 years?
1) 1,620/-
2) 1,728/-
3) 1,872/-
4) 1,656/-
Q7. At simple interest, a sum doubles after 20 years. The rate of
interest per annum is:
1) 5%
2) 10%
3) 20%
4) Data inadequate
Q8. In how many years will a sum of money double at 12% p.a.?
1) 69 months
2) 8 years 3 months
3) 7 years 6 months
4) 8 years 4 months
Q9. A sum of money doubles itself in 5 years. It will become 4
times of itself in:
1) 10 years
2) 12 years
3) 15 years
4) 20 years
Q10. A certain sum of money at S.I. amounts to Rs. 1,260 in 2
years and Rs. 1,350 in 5 years. The rate percent per annum is:
1) 2.5%
2) 3.75%
3) 5%
4) 7.5%
Q11. The simple interest on a sum of money is 1/9 of the
principal, and the number of years is equal to the rate of
percent per annum. Find the number of years.
1) 3 years
2) 1/3 years
3) 3⅓ years
4) 3/10 years
Q12. A gave some amount at a simple interest rate of 10% p.a.
to B for 3 years, and B gave this amount to C at the rate of 20%
p.a. for 3 years. If the income of B was Rs. 1,560 after 3 years,
what amount had A given to B?
1) 6,200/-
2) 5,400/-
3) 5,200/-
4) 5,600/-
Q13. A sum of Rs. 1,550 is lent out into two parts, one at 8% and
another at 6%. If the total annual income is Rs. 106, the money
lent at 8% is:
1) 900/-
2) 840/-
3) 720/-
4) 650/-
Q14. A sum of Rs. 2,600 is lent out into two parts such that the
interest on one part at 10% for 5 years is equal to that of
another part at 9% for 6 years. The sum lent out at 10% is:
1) 1,250/-
2) 1,350/-
3) 1,150/-
4) 1,450/-
Q15. A sum of Rs. 7,700 is to be divided among three sisters –
Vidusha, Vimala, and Vaishnavi – in such a way that the S.I. on
each part at 5% p.a. after 1, 2, and 3 years, respectively, remains
equal. The share of Vidusha is more than that of Vaishnavi by:
1) 2,800/-
2) 2,500/-
3) 3,000/-
4) 2,400/-
Q16. A sum was put at S.I. at a certain rate for 2 years. Had it
been put at a 3% higher rate, it would have fetched Rs. 72 more.
Find the sum.
1) 1,200/-
2) 1,500/-
3) 1,800/-
4) 2,000/-
Q17. A man invested 1/3 of his capital at 5%, 1/5 at 10%, and
the remainder at 7%. If his annual income is Rs. 1,040, the
capital is:
1) 10,000/-
2) 12,000/-
3) 15,000/-
4) 20,000/-
Q18. A sum of Rs. 9,800 is divided into two parts. The first is
invested for 5 years at 5% p.a., and the second is invested for 3
years at 6⅔% p.a. If the amounts received from these two parts
are equal, find the smaller part.
1) 4,800/-
2) 5,000/-
3) 4,600/-
4) 5,200/-
Q19. What annual installments will discharge a debt of Rs. 6,450
due in 4 years at 5% p.a. simple interest?
1) 1,000/-
2) 1,500/-
3) 1,200/-
4) 800/-
