Small Quiz

3

QUESTION 1

S borrowed Rs.75,000.00 from two banks at compound interest compound annually. One bank charges interest at the rate of 15% per year and the other bank at 20% per year. If at the end of the year, S paid Rs.12,000.00 as the total interest to the two banks, how much did she borrow from the second bank?

150000

1500

13000

14000

15000

QUESTION 2

The difference between C.I. and S.I. on a certain sum of money at 10% per annum for 3 years is Rs. 620. Find the half of the principal if it is known that the interest is compounded annually.

 

17000

18000

10000

15000

20000

QUESTION 3

In what time will Rs 390625 amount to Rs 456976 at 4% compound interest?

3.5

5

3

4.5

4

QUESTION 4

Two persons A and B  borrowed Rs.40,000/- and Rs.60,000/- respectively from C at different rates of simple interest. The interest payable by A at the end of the first four years and that payable by B at the end of the first three years is the same. If the total interest payable by A and B for one year is Rs.8,400/- then at what rate did B borrow the money from C?

8

10

14

12

9

QUESTION 5

What will be the amount if sum of Rs.10,00,000 is invested at compound interest for 3 years with rate of interest 11%, 12% and 13% respectively?

14,04,876

14,04,836

14,04,816

14,04,826

14,04,841

QUESTION 6

If a sum of Rs.8000 borrowed for 20% per annum at compound interest then the sum of the amount will be Rs.13824 in how many years?

 

1

4

2

3

5

QUESTION 7

RAM lends Rs. 1540 for five years and Rs. 1800 for four years. If he gets Rs. 1788 as interest on both amounts, what is the rate of interest ?

 

12

14

13

15

6

QUESTION 8

AMIT  lent Rs. 8000 to BIMAL for 2 years and Rs 6000 to CHETAN for 4 years on simple interest at the same rate of interest and received Rs 1840 in all from both of them as interest. The rate of interest per annum is

4.8

4.6

4.4

4.7

4.9

QUESTION 9

A certain sum is invested for certain time. It amounts to Rs. 600 at 10% per annum. But when invested at 5% per annum, it amounts to Rs. 400. Find the half value of time.

 

50

47

40

80

20

QUESTION 10

MRIDUL invested Rs. 20,000 in a scheme at simple interest @ 15% per annum. After three years he withdrew the principal amount plus interest and invested the entire amount in another scheme for two years, which earned him compound interest @ 12% per annum. What would be the total interest earned by MRIDUL at the end of 5 years?

16,376.6

16,377.6

16,367.6

16,477.6

17,377.6