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Si Ci

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2.

What would be the simple


interest obtained on the
amount of Rs. 8930 at the
rate of 8% p.a. after 5 years?

(a) Rs. 3572 (b) Rs. 3914


(c) Rs. 3565 (d) Rs. 4594
(e) Rs. 3576
3. Find the simple interest
obtained on the sum of Rs.
13520 @ 7.69 % p.a. in 4
years?

(a) Rs. 5600 (b) Rs. 6200


(c) Rs. 4160 (d) Rs. 4560
(e) None of these
4. In what time will a sum of
money become fifteen times
itself at 21% p.a. SI?
5. A sum triples itself in 8
years at Simple Interest. In
how many years will the
sum become nine times
itself at the same rate of
interest?
6. In how many years does a
sum of money become four
times @ 5% p.a. simple
interest?

(a) 40 (b) 50
(c) 60 (d) 70
(e) 80
7. How long will it take for a
sum of money to grow from
Rs.1250 to Rs.10,000, if it is
invested at 12.5% p.a simple
interest?
8. A father left a will of Rs.35
lakhs between his two daughters
aged 8.5 and 16 such that they
may get equal amounts when
each of them reach the age of 21
years. The original amount of
Rs.35 lakhs has been instructed
to be invested at 10% p.a. simple
interest. How much did the elder
daughter get at the time of the
will?
9. Amit lent Rs. 25000 to
two persons at simple
interest, the rates of interest
being 12% p.a. and 9% p.a.
respectively. The interest
received from first person in
4 years is equal to interest
received from second person
in 3 years. What was the
amount lent to first person?
10. A total of Rs. P is lent to
three persons at simple
interest at the rate of 10%
p.a., 20% p.a. and 14% p.a.,
for 6 years, 5 years and 2
years respectively such that
the amount received from
each of them is Rs. 12800.
Find the value of P.
11. A sum of money
becomes 15 times itself
under simple interest in 56
years. In how many years it
will become double?
12. Raman lent a sum of money
to two persons for same time at
SI such that the amount earned
from each of them is same. The
interest earned from them was
Rs. 2000 and Rs. 4000
respectively and the product of
the amount lent was 3 (when all
the amounts were taken in
thousands). Find the ratio of their
per annum rate of interests.
13. Find the CI obtained on a
sum of Rs. 32000 at 25% p.a.
for four years.
14. If the compound interest
on a certain sum for 2 years
at 4% p.a. is Rs. 510, find the
sum.
15. If compound interest for
third year is Rs. 1000 @ 10%
p.a. compounded annually,
find the compound interest
for seventh year.
16. The compound interest
on Rs. 16000 at 4% p.a.
compounded annually is Rs.
1305.6. Find time period.
17. If the amount is 2.25
times of the sum after 2
years at compound interest
(compounded annually), the
rate of interest per annum
is:

(a) 25% (b) 30%


(c) 45% (d) 50%
(e) None of these
18. A sum was lent at certain
rate of compound interest. It
amounts to Rs. 15600 at the
end of 4 years and to Rs.
18720 at the end of 8 years.
Find the sum.
19. The CI on a certain sum
for third and fourth year was
Rs. 1452 and Rs. 1597.2
respectively. Find the rate of
interest.
20. An amount was lent for 3
years interest being
compounded at 12.5%, 10%
and 25% respectively. Find
the amount invested if
interest earned is Rs. 3500.
21. At what sum, compound
interest for 1 year 73 days at
5% p.a. will be Rs. 302.50?

(a) Rs. 5500 (b) Rs. 7500


(c) Rs. 5000 (d) Rs. 10000
(e) None of these
22. The difference between
the simple and compound
interest on a certain sum of
money at 5% rate of interest
per annum for 2 years is Rs.
15. Then the sum is:

(a) Rs. 6500 (b) Rs. 5500


(c) Rs. 6000 (d) Rs. 7000
(e) None of these
23. If the compound interest
on a certain sum for 2 years
at 4% p.a. is Rs. 102, the
simple interest at the same
rate of interest for two years
would be:

(a) Rs. 200 (b) Rs. 50


(c) Rs. 150 (d) Rs. 100
(e) None of these
24. On what sum does the
difference between the
compound interest and the
simple interest for 3 years at
10% is Rs. 31?

(a) Rs. 1500 (b) Rs. 1200


(c) Rs. 1100 (d) Rs. 1000
(e) None of these
25. The difference between
CI and SI for 3 years at 5%
p.a. is Rs. 36.60. Find the
principal.

(a) Rs. 4200


(b) Rs. 4800
(c) Rs. 4500
(d) Rs. 6000
(e) None of these
26. The ratio of difference
between CI and SI for 3
years to the difference
between CI and SI for 2
years is 19:6, find rate of
interest.
27. What annual payment
will discharge a debt of Rs.
770 due in 5 years, the rate
of interest being 5% per
annum (Under Simple
Interest)?
28. A person borrowed a
sum of Rs 6000 at 10% p.a.,
interest compounded
annually. If the money is to
be repaid in three equal
annual installments, each
payable at the end of the
year, then what is the value
of each installment?
29. Three equal
installments, each of Rs 200,
were paid at the end of year
on a sum borrowed at 20%
compound interest
compounded annually. Find
the sum.
30. A man borrows a certain
sum of money and pays it
back in 2 years in two equal
installments. If C.I. is
charged at 5% per annum
and he pays back annually
Rs. 441, what sum did he
borrow?
31. A man borrows Rs. 2100
and undertakes to pay back
with compound interest @
10% p.a. in 2 equal yearly
installments at the end of
first and second year. What
is the amount of each
installment?

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