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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

 

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