1. Findthesimpleintereston 5200for2yearsat6% perannum. 450 524 600 624 Answer&Solution 2. 1200 islentoutat5% perannum simple interestfor3years.

Find the amount after3years. 1380 1290 1470 1200 1240 Answer&Solution 3. Interestobtainedonasum of 5000for3yearsis 1500.Findtheratepercent. 8% 9% 10% 11% 12% Answer&Solution 4. 2100 is lent atcompound interest of5% per annum for 2 years.Find the amountaftertwoyears. 2300 2315.25 2310 2320 Noneofthese Answer&Solution 5. Find thedifference betweenthe simple interestand thecompound interestat5% perannum for2yearsonprincipalof 2000. 5 10.5 4.5 5.5

Noneofthese Answer&Solution 6. Findthe rateofinterestiftheamountafter2 yearsofsimpleinterestonacapital of 1200is 1440. 8% 9% 10% 11% 12% Answer&Solution 7. Whatisthe difference between the simple intereston a principalof 500 being calculatedat5% perannum for3yearsand4% perannum for4years? Whatisthesimple intereston asum of 700iftherate ofinterestforthe first3 yearsis8% perannum andforthelast2yearsis7.5% perannum? 269.5 283 273 280 Noneofthese Answer&Solution 9. Findthecompound intereston 1000attherateof20% perannum for18month wheninterestiscompoundedhalfyearly. 331 1331 320 325 Noneofthese Answer&Solution 10. Find the principalifthe interestcompounded atthe rate of10% perannum for twoyearsis 420. 1000 2200

2000 1100 1200 Answer&Solution 11. Inwhattimewill 3300becomes 3399at6% perannum interestcompounded half-yearly? 6months 1year 1(1/2)years 3months Noneofthese Answer&Solution 12. Rahulpurchased a Marutivan for 1,96,000 and the rate ofdepreciation is 14(2/7)% perannum.Findthevalueofthevanaftertwoyears. 1,40,000 1,44,000 1,50,000 1,60,000 Noneofthese Answer&Solution 13. Whatis the rate ofsimple interestfor the first4 years ifthe sum of 360 becomes 540in9yearsandtherateofinterestforthelast5yearsis6% ? 4% 5% 3% 6% 3.5% 15. Asifborrows 1500from twomoneylenders.Hepaysinterestattherateof12% perannum foroneloanandattherateof14% perannum fortheother.Thetotal interesthe paysforthe entire yearis 186.How much doeshe borrow atthe rateof12% 1200 1300

1400 300 Noneofthese Answer&Solution 16. A sum wasinvestedatsimple interestata certain interestfor2 years.Itwould have fetched 60 more had itbeen invested at2% higherrate.Whatwasthe sum? 1500 1300 2500 1000 Answer&Solution 17. The difference between simple and compound intereston a sum ofmoney at 20% perannum for3yearsis 48.Whatisthesum? 550 500 375 400 Answer&Solution 18. Inwhattimewillthe simpleintereston 1750 at9% perannum bethe sameas thaton 2500at10.5% perannum in4years? 6yearsand8months 7yearsand3months 6years 7yearsand6months Answer&Solution 19. Rajulent 400 toAjay for2 yearsand 100to Manojfor4yearsandreceived togetherfrom both 60 as interest.Find the rate ofinterest,simple interest beingcalculated. 5% 6% 8% 9% Answer&Solution

20. A sum becomes 4 times atsimple interestin 10 years.Whatis the rate of interest? 10% 20% 30% 40% Answ 22. Divide 6000into two partssothatsimple interestonthe firstpartfor2 years at6% p.a.maybe equaltothe simpleinterestonthe second partfor3yearsat 8% p.a. 4000, 2000 5000, 1000 3000, 3000 Noneofthese Answer&Solution 23. A sum ofmoney becomes 7/4 ofitselfin 6 years ata certain rate ofsimple interest.Findtherateofinterest. 12% 12(1/2)% 8% 14% Answer&Solution 24. Ifa certainsum ofmoney becomesdoublesatsimple interestin12 years,what wouldbetherateofinterestperannum? 8(1/3) 10 12 14 Answer&Solution 25. Ifa sum of 13040 is to be repaid in two equalinstallments at3(3/4)% per annum,whatistheamountofeachinstallment? 7045 8000 65067 6889

Answer&Solution 26. Whatis the amountofequalinstallment,ifa sum of 1428 due 2 yearshence hastobecompletelyrepaidin2equalannualinstallmentsstartingnextyear?. 700 800 650 cannotbedetermined Answer&Solution 27. The difference between simple and compound interestforthe fourth yearisRs. 7280at20% p.a.Whatistheprincipalsum? 10000 50000 70000 40000