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1)Veena obtained an amount of Rs. 8,376 as simple interest on a certain amount at 8 p.c.p.a. after 6 years. What is the amount invested by Veena ?
(a) Rs. 17,180
(b) Rs. 18,110
(c) Rs. 16,660 ,
(d) Rs. 17,450
(e) None of these
2)Equal amounts are invested in two schemes A and B for 6 years and 8 years respectively: Scheme A offers interest at the rate of 12% per annum and scheme B offers interest at the rate of 8% per annum. The difference between the interests earned is Rs. 1280, What is the amount invested in each scheme ?
(a) Rs. 16000
(b) Rs. 16500
(c) Rs. 17000
(d) Rs. 18000
(e) None of these
3) Rs. 16,000 was invested for three ” years, partly in Scheme A at therate of 5% Simple Interest per annum and partly in scheme B at the rate of 8% Simple Interest per annum. Total interest received at the end was Rs. 3480. How much sum of money invested in Scheme A ?’
(a) Rs. 6,000
(b) Rs. 6,500
(c) Rs. 4,500
(d) Rs. 4,000
(e) Rs. 8,000
4)A took a certain sum as loan from bank at a rate of 8% simple interest per annum. A lends the same amount to B at 12% simple interest per annum. If at the end of five years, A made profit of Rs. 800 front the deal, how much was the original sum ?
(a) Rs. 6,500
(b) Rs. 4,000 .
(c) Rs. 6,200
(d) Rs. 6,000
(e) Rs. 4,500
5) A sum of money at simple interest amounts to Rs. 14,160 in 3 years. If the rate of interest is increased to 25%, the same sum amounts to 14,700 in the same time. The rate of interest is
(a)5%
(b)5.50%
(c)6%
(d)7%
(e)None of these
6)Simple interest on a certain sum at a certain annual rate of Interest is 16% of the sum. If the numbers representing rate percent and time in years be equal, then the rate of interest is
(a)4%
(b)6%
(c)4.50%
(d)6.50%
(e) None of these
7)The annual income of Adhiraj is Rs. 702000. He spends 18% of his monthly income on payments of
bills, 14% on domestic needs, 16% on children’s education and 6% on donations. He invests 2/3 rd of
the remaining amount in mutual fund. Find the remaining amount with Adhiraj.
(a)Rs. 8770
(b)Rs. 8870
(c)Rs. 8790
(d)Rs. 8970
(e) None of these
8)The difference between the com-pound interest and simple interest on a sum of Rs. 18000 at the same rate of interest for 2 years is Rs. 405. What is the rate of interest per cent per annum?
(a)15%
(b)12%
(c)14%
(d)10%
(e) None of these
9)Srinivasan invests two equal amounts in two banks giving 10% and 12% Tate of interest respectively. At the end of year the interest earned is Rs. 1650/. Find the sum invested in each.
(a)Rs. 8,500/-
(b)Rs. 15,000/-
(c)Rs. 7,500/-
(d)Rs. 17,000/-
(e) None of these
10)Rs. 800 becomes Rs. 956 in 3 years at certain simple rate of interest. If the rate of interest is increased by 4%, what amount will Rs. 800 become in 3 years?
(a)Rs. 1020.8
(b)Rs. 1025
(c)Rs. 1052
(d)Data inadequate
(e)None of these
