Q. If the simple interest on a sum of money at 5% per annum for 2 years is Rs. 1000, the compound interest on the same sum for the same period at the same rate is -
1) Rs. 1025
2) Rs. 1061
3) Rs. 1064
4) Rs. 1065
Q. What is Simple Interest of Rs. 4200 on 4% per annum for 3 years is
1) 404
2) 504
3) 604
4) 514
Q. The Simple Interest accured in 4 years on a principal of Rs. 20000 is one tenth the principal. What is the rate of Simple Interest per annum?
1) 3%
2) 3.5%
3) 2%
4) 2.5%
Q. A sum at simple interest at 11.5% per annum gave Rs. interest after 4 year find the sum -
1) 1000
2) 1500
3) 2000
4) 2500
Q. What time taken by a sum of Rs. 7000 to became 10500 at the rate of 5% per annum?
1) 8 years
2) 10 years
3) 5 years
4) 15 years
Q. A sum fetched a total simple interest of Rs. 4016.25 at the rate of 9% p.a. in 5 years. What is the sum?
1) Rs. 4462.50
2) Rs. 8032.50
3) Rs. 8900
4) Rs. 8925
Q. How much time will it take for an amount of Rs. 450 to yield Rs. 81 as interest at 4.5% per annum of simple interest?
1) 3.5 years
2) 4 years
3) 4.5 years
4) 5 years
Q. A person takes a loan of Rs. 200 at 5% simple interest. He returns Rs. 100 at the end of 1 year. In order to clear his dues at the end of 2 years, he would pay -
1) Rs. 105
2) Rs. 110
3) Rs. 115
4) Rs. 115.50
Q. If a sum of money doubles itself in 6 years. It becomes 5 times in how many years?
1) 12 years
2) 24 years
3) 10 years
4) 20 years
Q. At what rate of interest a sum of money double in 10 years at simple interest.
1) 14.826%
2) 20%
3) 15%
4) 10%
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