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Simple interest Test - 1

  • Remaining Timing :-

(1). Mr. Ravi has invested a sum of Rs.8000 at the rate of 17.5 p.c.p.a simple interest. What interest he yield at the end of 6 years?

  • (a). Rs. 4000
  • (b). Rs. 8400
  • (c). Rs. 8200
  • (d). Rs. 8500
  • (e). None of these
Answer : Rs. 8400

Explanation:

(2). If the simple interest for 6 years be equal to 30% of the principal, it will be equal to the principal after

  • (a). 20 years
  • (b). 30 years
  • (c). 10 years
  • (d). 22 years
  • (e). None of these
Answer : 20 years

Explanation:

(3). A man lent Rs. 60,000, partly at 5% and the rest at 4% simple interest. If the total annual interest is Rs. 2560, the money lent at 4% was

  • (a). Rs. 40000
  • (b). Rs. 44000
  • (c). Rs. 30000
  • (d). Rs. 45000
  • (e). None of these
Answer : Rs. 44000

Explanation:

(4). A had Rs.2000. part of which he lent at 4% and left over money at 5%. After one year he received Rs. 88 as total interest. What was the amount of money lent at 5%?

  • (a). Rs. 800
  • (b). Rs. 1200
  • (c). Rs. 600
  • (d). Rs. 1400
  • (e). None of these
Answer : Rs. 800

Explanation:

(5). Rs. 6,000 becomes Rs. 7,200 in 4 years at a certain rate of simple interest. If the rate becomes 1.5 times of itself, the amount of the same principal in 5 years will be

  • (a). Rs. 8,000
  • (b). Rs. 8,250
  • (c). Rs. 9,250
  • (d). Rs. 9,000
  • (e). None of these
Answer : Rs. 8,250

Explanation:

(6).
  • (a). Rs. 23560
  • (b). Rs. 24500
  • (c). Rs. 24500
  • (d). Rs. 22500
  • (e). None of these
Answer : Rs. 23560

Explanation:

(7). If a sum of money at simple interest doubles in 12 years, the rate of interest per annum is
  • (a). 1
  • (b). 2
  • (c). 3
  • (d). 4
  • (e). None of these
Answer : 3

Explanation:

(8).
  • (a). 1
  • (b). 2
  • (c). 3
  • (d). 4
  • (e). None of these
Answer : 3

Explanation:

(9). A sum of money at a certain rate per annum of simple interest doubles in the 5 years and at a different rate becomes three times in 12 years. The lower rate of interest per annum is
  • (a). 1
  • (b). 2
  • (c). 3
  • (d). 4
  • (e). None of these
Answer : 4

Explanation:

(10).
  • (a). Rs. 8,000
  • (b). Rs. 6,000
  • (c). Rs. 7,000
  • (d). Rs. 7,500
  • (e). None of these
Answer : Rs. 8,000

Explanation: