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Simple Interest

1.
Find the simple interest on Rs 7000 at 50/3 % for 9 months

575
675
875
775

2.
Find the simple interest on the Rs. 2000 at 25/4% per annum for the period from 4th Feb 2005 to 18th April 2005

25
26
27
28

3.
Sahil took a loan for 6 years at the rate of 5% per annum on Simple Interest, If the total interest paid was Rs. 1230, the principal was

4100
4200
4300
4400

4.
Find the rate at Simple interest, at which a sum becomes four times of itself in 15 years.

10%
20%
30%
40%

5.
At 5% per annum simple interest, Rahul borrowed Rs. 500. What amount will he pay to clear the debt after 4 years

550
450
500
600

6.
If a sum of money doubles itself in 8 years at simple interest, the ratepercent per annum is

12
12.5
13
14

7.
Reema took a loan of Rs 1200 with simple interest for as many years as the rate of interest. If she paid Rs. 432 as interest at the end of the loan period, what was the rate of interest.

5%
6%
7%
8%

8.
A sum of money at simple interest amounts to Rs. 2240 in 2 years and to Rs. 2600 in 5 years. What is the principal amount

1500
1000
2000
2500

9.
At what rate percent per annum will the simple interest on a sum of money be 2/5 of the amount in 10 years

2%
3%
5%
4%

10.
In how many years Rs 150 will produce the same interest at 8% as Rs. 800 produce in 3 years at 9/2%

8
7
9
5

11.
A sum of money amounts to Rs 9800 after 5 years and Rs 12005 after 8 years at the same rate of simple interest. The rate of interest per annum is

13%
11%
9%
12%

12.
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?

3 years
4 years
5 years
7 years

13.
An automobile financier claims to be lending money at simple interest, but he includes the interest every six months for calculating the principal. If he is charging an interest of 10%, the effective rate of interest becomes:

10%
10.25%
11%
11.5%

14.
A man took loan from a bank at the rate of 12% p.a. simple interest. After 3 years he had to pay Rs. 5400 interest only for the period. The principal amount borrowed by him was:

18,000
17,000
15,000
20,000

15.
In how many years Rs 150 will produce the same interest at 8% as Rs. 800 produce in 3 years at 9/2%

8
11
10
9

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FreshersLive - No.1 Job site in India. Here you can find latest 2017 government as well as private job recruitment notifications for different posts vacancies in India. Get top company jobs for both fresher and experienced. Job Seekers can get useful interview tips, resume services & interview Question and answer. Practice online test free which is helpful for interview preparation. Register with us to get latest employment news/rojgar samachar notifications. Also get latest free govt and other sarkari naukri job alerts daily through E-mail.