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11.

Sanjay deposited Rs.8,000 which amounted to Rs.9,200 after 3 years at simple interest. Had the interest been 2% more, the amount he receives is


A) Rs. 1680

B) Rs. 9980

C) Rs. 9860

D) Rs. 9680

E) Rs. 9981



12.

Shyam lent Rs. 600 for 2 years and Rs. 200 for 3 years, at the same rate at simple interest, and received Rs. 90 as total interest. What was the rate % p.a. ?


A) 12%

B) 5%

C) 6%

D) 4%

E) None



13.

What is the present worth of Rs. 132 due in 2 years at 5% simple interest per annum?


A) Rs. 122

B) Rs. 112

C) Rs. 118.80

D) Rs. 120

E) Rs. 119



14.

If the simple interest on a sum of money for 2 years at 5% per annum is Rs. 50. What is the compound interest on the same sum at the same rate and for the same time ?


A) Rs. 60

B) Rs. 54.25

C) Rs. 52

D) Rs. 51.25

E) Rs. 53.25



15.

A sum of money invested at compound interest amounts in 3 years to Rs.2400 and in 4 years to Rs.2520. The rate of interest is


A) 5%

B) 6%

C) 10%

D) 12%

E) 8%



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