1 Syam took a loan of Rs. 1400 with simple interest for as many years as the rate of interest. If he paid Rs. 864 as interest at the end of the loan period, what was the rate of interest ? A) 6 B) 8 C) 9 D) 7 E) 10
2 Ashoke borrowed some amount, after 6 years he paid Rs. 20,800/- with 10% interest, then how much Amount he borrowed ? A) Rs. 12000 B) Rs. 13000 C) Rs. 14000 D) Rs. 14500 E) Rs. 15000
3 Anand took some money for borrowed, for 3 years the total will be Rs. 5000 and 5 years it will be Rs. 6000/-. Then how much amount he borrowed ? A) Rs. 3500 B) Rs. 4000 C) Rs. 3000 D) Rs. 2500 E) Rs. 4500
4 Rs. 6,000 becomes Rs. 7,200 in 4 years at a certain rate of simple interest. If the rate becomes 1.5 times of itself, the amount of the same principal in 5 years will be A) Rs. 8,000 B) Rs. 8,250 C) Rs. 9,250 D) Rs. 9,000 E) None
5 Simple interest on Rs. 500 for 4 years at 6.25% per annum is equal to the simple interest on Rs. 400 at 5% per annum for a certain period of time. The period of time is A) 4 Yrs B) 5 Yrs C) $8\frac{2}{3}$ Yrs D) $6\frac{1}{4}$ Yrs E) $8\frac{1}{4}$ Yrs
6 Two equal sums of money are lent at the same time at 9% per annum and 8% per annum simple interest respectively. The former is recovered 6 months earlier than the latter and the amount in each case is Rs. 17,680. Find the sum A) Rs. 14,500 B) Rs. 13,000 C) Rs. 12,500 D) Rs. 10,000 E) Rs. 14,000
7 What annual installment will discharge a debt of Rs. 1092 due in 3 years at 12% simple interest ? A) Rs. 300 B) Rs. 350 C) Rs. 400 D) Rs. 325 E) Rs. 320
8 Mr. Y gave some money at simple interest and at the end of 10 years, got back twice the sum. The rate percent per annum is A) 2% B) 4% C) 5% D) 10% E) 12%
9 A certain amount earns SI of Rs. 1,750 after 7 years. Had the interest been 2% more, how much more interest would it have earned ? A) Rs. 35 B) Rs. 26 C) Rs. 40 D) Rs.36 E) Cannot determined
10 Raman invests a sum of Rs. 900 at 8% simple interest and Gopi invests a sum of Rs. 1200 at $3\frac{1}{2}\%$ simple interest. After how much time will they both have equal amounts in their accounts ? A) 20 Yrs B) 30 Yrs C) 40 Yrs D) 10 Yrs E) 15 Yrs
11 With rate of simple interest, the ratio of principal and amount for a certain period of time is $4:5$. After 3 years, with the same rate of interest, the ratio of the principal and amount becomes $5:7$. The rate of interest is A) 4% B) 6% C) 5% D) 7% E) 9%
12 Rs.1000 is invested at 5% per annum simple interest. If the interest is added to the principal after every 10 years, the amount will becomes Rs2000 after A) 15 Yrs B) 18 Yrs C) 20 Yrs D) $16\frac{2}{3}$ Yrs E) $13\frac{2}{3}$ Yrs
Each of the questions given below consists of two statements numbered I and II given below it. Please read the questions carefully and decide whether the data provided in the statement(s) is / are sufficient to answer the given question. 13 Calculate the rate of $SI$ ? I. The total interest earned was Rs. $4000$. II. The sum was invested for $4$ years. A) I alone sufficient while II alone not sufficient to answer B) II alone sufficient while I alone not sufficient to answer C) Either I or II alone sufficient to answer D) Both I and II are not sufficient to answer E) Both I and II are necessary to answer
Each of the questions given below consists of two statements numbered I and II given below it. Please read the questions carefully and decide whether the data provided in the statement(s) is / are sufficient to answer the given question. 14 Find the percentage of simple interest per annum did Ram pay to Raj ? I. Ram borrowed Rs. $8000$ from Raj for $4$ years. II. Ram returned Rs. $8800$ to Raj at the end of $2$ years and settled the loan. A) I alone sufficient while II alone not sufficient to answer B) II alone sufficient while I alone not sufficient to answer C) Either I or II alone sufficient to answer D) Both I and II are not sufficient to answer E) Both I and II are necessary to answer
Each of the questions given below consists of three statements, numbered I, II and II respectively. Please read the question and the statements carefully and decide which of the statement(s) is/are necessary to answer the question. 15 In how many years will a sum of money put at simple interest treble itself ? I. The interest earned in $4$ years is half the sum. II. The rate of interest is $12\frac{1}{2}\%$ III. The sum doubles itself in $8$ years at simple interest. A) Any one of the three B) Any two of the three C) All I, II and III D) II and III only E) I and II only