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August 20, 2014
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Simple Interest Quiz 2
1. At what rate percent,a sum of money doubles itself in 15 years?
A. 7 2/3%
B. 6 4/7%
C. 6 2/3%
D. 1 5/9%
2. In five years the simple interest on a certain sum amounts to one fourth of the sum.The rate at interest per annum is
A. 4%
B. 8%
C. 5%
D. 10%
3. In how many years will Rs.5,500 amount to Rs. 6,600 at the rate of 5% simple interest(In years)?
A. 4
B. 6
C. 8
D. 9
4. In what will Rs.1,800 yield a simple interest of Rs.390 at the rate of 5% per annum?
A. 3 years 3 months
B. 5 years 6 months
C. 4 years 4 months
D. 7 years 3 months
5. The rate percent at which a sum will double itself at simple interest in 8 years is
A. 12 1/2
B. 25/4
C. 35
D. 9 1/2
6. In what time will Rs. 500 give Rs. 50 as interest at the rate of 5% per annum simple interest?
A. 3 years
B. 5 years
C. 2 years
D. 7 years
7. If a sum doubles itself in 10 years at simple interest,what must be rate percent per annum?
A. 20
B. 30
C. 40
D. 10
8. If Rs.1,200 amounts to Rs.1,440 in 4 years of simple interest,find the rate of interest per annum.?
A. 15%
B. 20%
C. 10%
D. 5%
9. A sum of money which increases 1/20 of itself every year and amounts to Rs.500 in 13 1/3 years?Then,the sum is
A. Rs.450
B. Rs.300
C. Rs.400
D. Rs.700
10. Prasanna lents Rs.500.At the end of 2 years,he got Rs. 50 as simple interest.The rate of interest per annum is
A. 5%
B. 6%
C. 7%
D. 10%
11. A sum becomes 28/25 of itself in 5 years,find the rate of interest?
A. 15%
B. 12%
C. 5%
D. 16%
12. Find the capital required to earn a monthly interest of Rs. 600 at 6% simple interest.?
A. Rs.1,30,000
B. Rs.1,22,000
C. Rs.1,20,000
D. none of these
13. The amount on which simple interest,at the rate of 6% for 3 years is Rs.90, will be
A. Rs.400
B. Rs.600
C. Rs.500
D. Rs.450
14. A sum of Rs. 65,000 was divided into 3 parts so that they yielded the same interest when they were lent for 2, 3 and 4 years of 8% simple interest at the end of these periods.The ratio between these parts is
A. 2:3:4
B. 6:4:3
C. 3:6:7
D. 1:2:3
15. Two equal sums were lend at 5% and 4% respectively and he joint interest amounted in a year to Rs. 540 .Find the sum?
A. Rs.7,000
B. Rs.4,500
C. Rs.1,000
D. Rs.6,000
Related posts:
Simple Interest Quiz 1
Compound Interest Quiz 1
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