Small Quiz

3

QUESTION 1

M lent Rs. 6000 to N for 3 years and Rs. 7000 to P for 4 years on simple interest at the same rate of interest and received Rs. 4600 in all from both of them as interest. The rate of interest per annum is:

20

25

10

12

15

QUESTION 2

Divide Rs. 6000 into two parts to A & B so that simple interest on the first part for 2 years at 6% p.a. may be equal to the simple interest on the second part for 3 years at 8% p.a.

3000,4000

4000,1000

4000,2000

4000,3000

4000,1500

QUESTION 3

Kunal invested an amount of Rs. 6000 in a fixed deposit scheme for 2 years at compound interest rate 5 %p.a. How much amount will Kunal get on maturity of the fixed deposit?

6515

7515

7661

6615

6610

QUESTION 4

A sum of Rs. 725 is lent in the beginning of a year at a certain rate of interest. After 8 months, a sum of Rs. 362.50 more is lent but at the rate twice the former. At the end of the year, Rs. 33.50 Ritu is earned as interest from both the loans. What was the original rate of interest?

3.46

3.75

3.96

2.85

4.96

QUESTION 5

 Ritam borrows Rs. 6000 for 2 years at 6% p.a. simple interest. He immediately lends it to another person at 7 3/5 p.a for 2 years. Find his gain in the transaction per year.

56

86

76

36

46

QUESTION 6

Simple interest on a certain amount is 4/25 of the principal. If the numbers representing the rate of interest in percent and time in years be equal, Find the  twice time, for which the principal is lent out.

12

6

4

8

16

QUESTION 7

Lucky gave Rs. 1200 on loan. Some amount he gave at 4% per annum on simple interest and remaining at 5% per annum on simple interest. After two years, he got Rs. 110 as interest. Find the amounts given at 4% and 5% per annum on simple interest are, respectively.

500,700

300,900

500,800

600,600

600,700

QUESTION 8

T’s Share at the end of 3 years may equal to Y’s share at the end of 5 years dividing the Rs.4199 between T and Y, compound interest being at 10%.What is the present share of Y.

2000

1900

1500

3900

2900

QUESTION 9

R borrowed a certain sum from H at a certain rate of simple interest for 2 years. He lent this sum to S at the same rate of interest compounded annually for the same period. At the end of two years, he received Rs. 2400 as compound interest but paid Rs. 2000 only as simple interest. Find the rate of interest.

20

40

30

10

50

QUESTION 10

If RITU invests  a sum of Rs. 15000 which is placed at compound interest for 3 years while rate of interest for the first, second and third years is 6%, 8% and 10% respectively.Find the amount ?

18,879.2

18,888.2

18,889.2

18,789.2

17,889.2