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Simple Interest


1.

The simple interest on Rs. 25 for a quarter year at the rate of 3 paise per rupee per month is :

240 paise

Rs. 1.40

Rs. 2.20

Rs. 3


2.

Rs.1500 is divided into two parts such that if one part is invested at 6% and the other at 5%, the whole annual interest from both the sum is Rs.85. How much was lent at 5% ?

Rs. 500

Rs. 245

Rs. 1250

Rs. 635


3.

A person takes a loan of Rs. 200 at 5% simple interest. He returned 50% of principal at the end of one year. In order to clear his dues at the end of 2 years, he would pay :

Rs. 100

Rs. 105

Rs. 115

Rs. 110


4.

A financier claims to be lending money at simple interest, but he includes the interest every six months for calculating the principal. If he is charging an interest of 10%, the effective rate of interest becomes:

10%

10.25%

10.5%

none of these


5.

A person invests some money in two banks in the ratio of 7:5. The rate of SI on first investment is 17%, but overall annual interest on total investment is 19.5%. Find his total investment if interest gain by in second investment is Rs 460?

4800

5000

5600

6000


6.

A sum was put at simple interest at a certain rate for 10 years. Had it been put at 5% higher rate, it would have fetched Rs.600 more. What was the Sum?

Rs.1200

Rs.1300

Rs.1400

Rs.1500


7.

A sum of money becomes 7/6 of itself in 3 years at a certain rate of simple interest. The rate of interest per annum is:

45/7 %

50/9 %

51/7 %

47/ 9 %


8.

A sum was put at simple interest at a certain rate for 3 years. Had it been put at 2% higher rate, it would have fetched Rs 360 more. Find the sum.

Rs.4000

Rs.9000

Rs.5000

Rs.6000


9.

With a given rate of SI the ratio of principal and amount for a certain period of time is 4:5. After 2.5 years, with the same rate of interest, the ratio of the principal and amount becomes 5:7. Find the rate of interest?

10%

8%

5%

6%


10.

A certain sum earns simple interest of Rs. 1750 in 7 years. Had the interest been 2% more, how much more interest would it have earned?

Rs.35

Rs.245

Rs.350

cannot be determined