1. The simple interest on certain sum at 13% p.a for 18 months is Rs.510 less than the simple interest on the same sum at 16% for 21 months, then find the sum of interests obtained in both the cases.
A) Rs.2820 B) Rs.2970 C) Rs.2850 D) Rs.2450 E) Rs.2350
2. The rate of interest on a sum of money is 5% p.a. for the first 2 years, 6%p.a. for next 2 years and 8% p.a. for last 3 years. If the simple interest on the sum for a total period of 7 years is Rs. 3450, then what is the sum? (In Rs.)
A) 7500 B) 18000 C) 12000 D) 21000 E) 8400
3. Simple interest on Rs. 16,200 for 3 years at a certain rate of interest (pc.p.a.) is Rs. 3402. Had the rate of interest been 4% more, what would have been the simple interest on the same sum of money after 4 years?
A) Rs.6972 B) Rs.7224 C) Rs.7196 D) Rs.7128 E) Rs.6884
4. A person borrows Rs.120 at the rate of 5% p.a. simple interest, and then what is the amount to be returned after 5 years?
A) Rs.150 B) Rs.140.50 C) Rs.130 D) Rs.120.50 E) Rs.110
5. The interest earned on investing Rs. P for 4 years at a simple interest of 15% p.a. is Rs.160 more than the interest earned on investing Rs.(P − 500) for 4 years at a simple interest of 16% p.a. Find the value of P. (In Rs.)
A) None B) 3500 C) 3000 D) 4000 E) 4500
6. If Rs.X invested in a scheme at the rate of 15% p.a. for 18 months the amount received is Rs.25725, then find the interest received when Rs.(X + 6000) invested in the same scheme for same time period?
A) Rs.5400 B) Rs.5705 C) Rs.7560 D) Rs.6675 E) Rs.6075
7. An equal amount of money is invested in Scheme A for 5 years and in Scheme B for 9 years, both offering 9% Simple Interest per annum. Difference in the interest earned from both the schemes isRs.2880. At what rate of Simple Interest per annum, should the same sum of money be invested for 4 years to earn the same interest as earned in scheme A?
A) 8.50% B) 11.50% C) 12.50% D) 8.25% E) 11.25%
8. 6700 rupees is invested in scheme A at r% p.a. simple interest. Another amount (6700 − x) is invested in scheme B at 2r% p.a. simple interest. After 3 years, interest earned from scheme A is 33% less than that of scheme B. Find the value of x.
A) 1050 B) 1700 C) 1340 D) 1680 E) 1500
9. Mahesh invested some money in scheme A which offers S.I. for the first 3 years at the rate of 10% p.a., for the next 2 years is 15% p.a. and for the period beyond 5 years is 20% p.a. If at the end of 8 years she received total interest of Rs.50400, then find the amount invested by Mahesh?
A) Rs.48000 B) Rs.36000 C) Rs.54000 D) Rs.60000 E) Rs.42000
10. A and B invested in scheme offering simple interest at the rate of 12% and 15% per annum for 4 and 3 years respectively. If the amount invested by A is Rs.1200 less than the amount invested by B, Find the amount invested by B, if interest received by both of them is equal.
A) Rs.19200 B) Rs.14400 C) Rs.16000 D) Rs.21600 E) Rs.18000
11. Pavan invested Rs.1200 more in scheme B than that in scheme A. Scheme A and B offer simple interest at the rate of 15% p.a. and 17/2 % p.a. respectively and after two years Pavan received a total interest of Rs.7254 from both the schemes. If Pavan invests Rs. 3000 more than what he invested in scheme A at 20% p.a. then find what amount (in Rs.) Pavan will get after two years.
A) Rs.22200 B) Rs.32450 C) Rs.28920 D) Rs.21900 E) Rs.35400
Answers
1-C ; 2-A ; 3-D ; 4-A ; 5-D ; 6-E ; 7-E ; 8-B ; 9-E ; 10-A ; 11-A
