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1
A lends a sum of money for 10 years at 5% simple interest, B lends double that amount for 5 years at the same rate of interest. Which of the following statement is true in this regard?
A will get twice the amount of interest that B would get
B will get twice the amount of interest that A would get
A and B will get the same amount as interest
B will get four times the aamount of interest that A would get
2
In how many years will a sum of money double itself at 4% per annum ?
8 years
16 years
12 years
25 years
3
How much should money lender lend at simple rate of interest of 15% in order to have Rs.3234 at the end of ?
Rs.1640
Rs.2620
Rs.2610
Rs.2640
4
A sum of money at simple interest amounts to Rs. 840 in 2 yr and 920 in 4 yr. The sum is ________________________
Rs. 700
Rs. 640
Rs. 760
Rs. 820
5
Ramesh deposited Rs.7500 in a bank at 12% per annum for 9 months . Find the amount recieved by him If the interest is calculated quartely.
8195.45
8296.67
9876.67
1234.87
6
Mr.Mittal finds that an increase in the rate of interest from per annum increases his yearly income by Rs.250 His investment is
Rs.1,00,000
Rs.1,20,000
Rs.1,50,000
Rs.2,00,000
7
A certain lent out at simple interest amount to Rs.575 in 3years and to Rs.625 in 5 years .Then the rate of interest is:
3%
5%
4%
7%
8
Find the compound interest on Rs.15,625 for 9 months at 16% per annum ,compounded quarterly
Rs.1951
Rs.1952
Rs.1953
Rs.1954
9
At what rate percent per annum will a sum of Rs 4000 yield compound interest of Rs 410 in 2 years?
10%
15%
25%
10
Considered the following statements
if a sum of money is loaned at simple interest
I. money gets doubled in 5 years if the rate of interest is
II. money gets doubled in 5 years if the rate of interest is 20%
III. money becomes four times the amount of interest in 10 years if it gets double in 5 years.
of these statements:
I and III are true
II alone is true
III alone is true
II and III are true
11
A sum of Rs.2000 is divided into two parts such that one part is invested at 10% p.a. simple interest and the second part at 15% p.a. simple interest . After 2years, if Rs.460 are received as interest.then the ratio of investment of first and second part is _________________
7:4
4:3
7:3
6:4
12
A company offers the following growing rates of compound interest annually to the investors on successive years of investment : 4%, 5% and 6%. A man invests Rs 25,000 for 3 years. What will be his gain?
Rs 3,939
Rs 3,940
Rs 4939
Rs 3,938
13
Find the compound interest on Rs 24,000 at 15% p.a for years.
9,300
9,427
9,527
9,327
14
In how many years will a sum of Rs. 800 at 10% per annum compounded semi - annually become Rs. 926.10 ?
15
The difference between the compound interest and simple interest on a certain sum of money at 5% per annum for 2 years is Rs 700. Find the sum when the interest is compounded annually.
2,80,000
28000
2800
28080
16
In what time will Rs 4400 become Rs 4576 at 8% per annum interest compounded half-yearly?
12 months
18 months
6 months
24 months
17
The value of a machine depreciates at the rate of 10% per annum. It was purchased 3 years ago. If its present value is Rs 43740, find its purchase price.
6000
60,000
600
600000
18
A certain sum invested at 4% per annum compounded semi - annually amounts to Rs. 7803 at the end of one year. Then the sum is :
Rs. 7508
Rs. 7550
Rs. 7500
none of these
19
Find the amount after 3 years compounded annually when rate of interest for first year is 5 % and 10 % for the second year and 15 % for the next year when the principal is Rs 3000.
Rs 3984.75
Rs 3894.75
Rs 984.75
Rs 3884.75
20
An amount of 16000 is deposited in a bank at 20% p.a for 2 years and 3 months compounded per annum. Find the value of the relation
41756
44576
40576
41576