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 isA. 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. 4B. 6C. 8D. 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 monthsB. 5 years 6 monthsC. 4 years 4 monthsD. 7 years 3 months 5. The rate percent at which a sum will double itself at simple interest in 8 years isA. 12 1/2B. 25/4C. 35D. 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 yearsB. 5 yearsC. 2 yearsD. 7 years 7. If a sum doubles itself in 10 years at simple interest,what must be rate percent per annum?A. 20B. 30C. 40D. 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 isA. Rs.450B. Rs.300C. Rs.400D. 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 isA. 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.1,30,000B. Rs.1,22,000C. Rs.1,20,000D. none of these 13. The amount on which simple interest,at the rate of 6% for 3 years is Rs.90, will beA. Rs.400B. Rs.600C. Rs.500D. 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 isA. 2:3:4B. 6:4:3C. 3:6:7D. 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.7,000B. Rs.4,500C. Rs.1,000D. Rs.6,000 Related posts: Simple Interest Quiz 1 Compound Interest Quiz 1