0% found this document useful (0 votes)
152 views57 pages

Cost of Cow in Loan Settlement

Uploaded by

Sanjay Pahade
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
0% found this document useful (0 votes)
152 views57 pages

Cost of Cow in Loan Settlement

Uploaded by

Sanjay Pahade
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

1.

What would be the simple interest obtained on an


amount of Rs. 5760 at the rate of 6 p.c.p.a. after 3
years ?
(a) ₹ 1036.80
(b) ₹ 1063.80
(c) ₹ 1336.80
(d) ₹ 1666.80
(e) None of these

2. A farmer borrowed Rs. 3600 at 15% simple


interest per annum. At the end of 4 years, he cleared
this account by paying Rs. 4000 and a cow. The
cost of the cow is
(a) ₹ 1000
(b) ₹ 1200
(c) ₹ 1550
(d) ₹ 1760
3. Ram borrows Rs. 520 from Gaurav at a simple
interest of 13% per annum. What amount of money
should Ram pay to Gaurav after 6 months to be
absolved of the debt ?
(a) ₹ 353.80
(b) ₹ 423.80
(c) ₹ 552.80
(d) ₹ 553.80

1
4. At the rate of 8 2 % p.a. simple interest, a sum of
Rs. 4800 will earn how much interest in 2 years 3
months ?
(a) ₹ 796
(b) ₹ 816
(c) ₹ 918
(d) ₹ 956
5. What will be the simple interest earned on an
1
amount of Rs. 16,800 in 9 months at the rate of 6 4 %
p.a. ?
(a) ₹ 787.50
(b) ₹ 812.50
(c) ₹ 860
(d) ₹ 887.50

6. The simple interest on Rs. 1820 from March 9,


1
2012 to May 21, 2012 at 7 2 % rate will be
(a) ₹ 22.50
(b) ₹ 27.30
(c) ₹ 28.80
(d) ₹ 29

7. A shopkeeper with an overdraft facility at 18


percent with a bank borrowed Rs. 15000 on Jan 8,
2011and returned the money on June 3, 2011 so as
to clear the debt. The amount that he paid was
(a) ₹ 16080
(b) ₹ 16280
(c) ₹ 16400
(d) ₹ None of these

8. A person borrows Rs. 5000 for 2 years at 4% p.a.


simple interest. He immediately lends it to another
1
person at 6 4 % p.a. for 2 years. Find his gain in the
transaction per year.
(a) ₹ 112.50
(b) ₹ 125
(c) ₹ 150
(d) ₹ 167.50

9. Ramakant invested amounts in two different


schemes A and B for five years in the ratio of 5 : 4
respectively. Scheme A offers 8% simple interest
and bonus equal to 20% of the amount of interest
earned in 5 years on maturity. Scheme B offers 9%
simple interest. If the amount invested in scheme A
was Rs. 20000, what was the total amount received
on maturity from both the schemes ?
(a) ₹ 50800
(b) ₹ 51200
(c) ₹ 52800
(d) ₹ 58200
(e) None of these

10. Rs. 1000 is invested at 5% per annum simple


interest. If the interest is added to the principle after
every 10 years, the amount will become Rs. 2000
after
(a) 15 years
2
(b) 16 3 years
(c) 18 years
(d) 20 years
11. How much time will it take for an amount of Rs.
450 to yield Rs. 81 as interest at 405% per annum of
simple interest ?
(a) 3.5 years
(b) 4 years
(c) 4.5 years
(d) 5 years

12. Asmita invests an amount of Rs. 9534 @ 4


p.c.p.a. to obtain a total amount of Rs. 11442 on
simple interest after a certain period. For how many
years did she invest the amount to obtain the total
sum ?
(a) 2 years
(b) 4 years
(c) 5 years
(d) 10 years
13. Deepak invested an amount of Rs. 21250 for 6
years. At what rate of simple interest will be obtain
the total amount of Rs. 26350 at the end of 6 years ?
(a) 5 p.c.p.a.
(b) 6 p.c.p.a.
(c) 8 p.c.p.a.
(d) 12 p.c.p.a.
(e) None of these

14. A sum f Rs. 1600 gives a simple interest of Rs.


252 in 2 years and 4 months. The rate of interest per
annum is
(a) 6%
1
(b) 6 4 %
1
(c) 6 2 %
3
(d) 6 5 %
15. At what rate of simple interest per annum can an
amount of Rs. 1553.40 be obtained on the principle
amount of Rs. 8630 after 3 years ?
(a) 4 p.c.p.a.
(b) 5 p.c.p.a.
(c) 7 p.c.p.a.
(d) 8 p.c.p.a.
(e) None of these

16. If simple interest on Rs. 600 for 4 years and on


Rs. 600 for 2 years combined together is Rs. 180,
Find the rate of interest.
(a) 4%
(b) 5%
(c) 5.5%
(d) 6.25%
17. Veena obtained an amount of Rs. 8376 as
simple interest on a certain amount at 8 p.c.p.a. after
6 years. What is amount invested by Veena ?
(a) ₹ 16660
(b) ₹ 17180
(c) ₹ 17450
(d) ₹ 18110
(e) None of these

3
18. At which sum the simple interest at the rate of 3 4
1
% per annum will be Rs. 210 in 2 3 years ?
(a) ₹ 1580
(b) ₹ 2400
(c) ₹ 2800
(d) ₹ None of these

19. What is the present worth of Rs. 132 due in 2


years at 5% simple interest per annum ?
(a) ₹ 112
(b) ₹ 118.80
(c) ₹ 120
(d) ₹ 122

20. A sum fetched a total simple interest of Rs.


4016.25 at the rate of 9 p.c.p.a. in 5 years. What is
the sum ?
(a) ₹ 4462.50
(b) ₹ 8032.50
(c) ₹ 8900
(d) ₹ 8925
(e) None of these

21. The simple interest at x% for x years will be Rs.


X on a sum of :
(a) ₹ x

(b) ₹( )
100
x
(c) ₹ 100x

(d) ₹ ( )
100
2
x

22. In 4 years, Rs. 6000amounts to Rs. 8000. In


what time at the same rate will Rs. 525 amount to
Rs. 700 ?
(a) 2 years
(b) 3 years
(c) 4 years
(d) 5 years

23. Rs. 6200 amounts to Rs. 9176 in 4 years at


simple interest. If the interest rate is increased by
3% it would amount to how much ?
(a) ₹ 8432
(b) ₹ 9820
(c) ₹ 9920
(d) ₹ 10920
24. Simple interest on Rs. 500 for 4 years at 6. 25%
per annum is equal to the simple interest on Rs. 400
at 5% per annum for a certain period of time. The
period of time is
(a) 4 years
(b) 5 years
1
(c) 6 4 years
2
(d) 8 3 years

25. A certain amount earns simple interest of Rs.


1750 after 7 years. Had the interest been 2% more,
how much interest would it have earned ?
(a) ₹ 35
(b) ₹ 245
(c) ₹ 350
(d) ₹ Cannot be determined
(e) None of these
26. Rs. 6000 becomes Rs. 7200 in 4 years at a
certain rate of simple interest. If the rate becomes
1.5 times of itself, the amount of the same principle
in 5 years will be
(a) ₹ 8000
(b) ₹ 8250
(c) ₹ 9000
(d) ₹ 9250

27. In how many years, Rs. 150 will produce the


same interest @ 8% as Rs. 800 produce in 3 years
1
@ 4 2% ?
(a) 6
(b) 8
(c) 9
(d) 12

28. The simple interest accrued on a certain


principal in 5 years at the rate of 12 p.c.p.a. is Rs.
1536. What amount of simple interest would one get
it one invests Rs. 1000 more than the previous
principal for 2 years and at the same rate p.c.p.a. ?
(a) ₹ 614.40
(b) ₹ 845.40
(c) ₹ 1536
(d) ₹ 2136

29. If Rs. 64 amounts to Rs. 83.20 in 2 years, what


will Rs. 86 amount to in 4 years at the same rate
percent per annum ?
(a) ₹ 114.80
(b) ₹ 124.70
(c) ₹ 127.40
(d) ₹ 137.60

30. The simple interest on a certain sum of money at


the rate of 5% p.a. for 8 years is R. 840. At what rate
of interest the same amount of interest can be
received on the same sum after 5 years ?
(a) 6%
(b) 8%
(c) 9%
(d) 10%

31. The interest on a certain deposit at 4.5% p.a. is


Rs. 202.50 in one year be on the same deposit at
5% p.a. ?
(a) ₹ 20.55
(b) ₹ 22.50
(c) ₹ 25
(d) ₹ 42.75

32. A sum invested at 5% simple interest per annum


grows to Rs. 504 in 4 years. The same amount at
1
10% simple interest per annum in 2 2 years will grow
to :
(a) ₹ 420
(b) ₹ 450
(c) ₹ 525
(d) ₹ 550

33. If x, y, z are three sums of money such that y is


the simple interest on x, z is the simple interest on y
for the same time and at the same rate of interest,
then we have
(a) x2 = yz
(b) y2 = xz
(c) z2 = zy
(d) xyz = 1

34. What will be the ratio of simple interest earned


by certain amount at the same rate of interest for 6
years and that for 9 years ?
(a) 1 : 3
(b) 1 : 4
(c) 12 : 3
(e) Data inadequate
(e) None of these

35. Arun borrowed a sum of money from Jayant at


the rate of 8% per annum simple interest for the first
four years, 10% per annum for the next 6 years and
12% per annum for the period beyond 10 years. If
he pays a total of Rs. 12160 as interest only at the
end of 15 years, how much money did be borrow ?
(a) ₹ 8000
(b) ₹ 9000
(c) ₹ 10000
(d) ₹ 12000

36. Kruti took a loan at simple interest rate of 6


p.c.p.a. in the first year and it increased 1.5 p.c.p.a.
every year. If she pays Rs. 8190 as interest at the
end of 3 years, what was her loan amount ?
(a) ₹ 35400
(b) ₹ 36000
(c) ₹ 36800
(d) ₹ Cannot be determined
(e) None of these

37. A person deposited Rs. 400 for 2 years, Rs. 550


for 4 years and Rs. 1200 for 6 years. He received
the total simple interest of Rs. 1020. The rate of
interest per annum is
(a) 5%
(b) 10%
(c) 15%
(d) 20%

38. The simple interest on a sum of money will be


Rs. 600 after 10 years. If the principal is trebled after
5 years, what will be the total interest at the end of
the tenth year ?
(a) ₹ 600
(b) ₹ 900
(c) ₹ 1200
(d) ₹ 1500
(e) Data inadequate

39. The simple interest on Rs. 10 for 4 months at the


rate of 3 paise per rupee per month is
(a) ₹ 1.20
(b) ₹ 1.60
(c) ₹ 2.40
(d) ₹ 3.60

40. An automobile financier claimer to be lending


money at simple interest, but he includes the interest
every six months for calculating the principal. If he is
charging an interest of 10%, the effective rate of
interest becomes
(a) 10%
(b) 10.25%
(c) 10.5%
(d) None of these
41. A sum of money at simple interest amounts to
Rs. 815 in 3 years and to Rs. 854 in 4 years. The
sum is
(a) ₹ 650
(b) ₹ 690
(c) ₹ 698
(d) ₹ 700

42. A sum of money lent out at simple interest


amounts to Rs. 720 after 2 years and to Rs. 1020
after a further period of 5 years. The sum is
(a) ₹ 500
(b) ₹ 600
(c) ₹ 700
(d) ₹ 710

43. A sum of money amounts to Rs. 5200 in 5 years


and to Rs. 5680 in 7 years at simple interest. The
rate of interest per annum is :
(a) 3%
(b) 4%
(c) 5%
(d) 6%

44. A sum of money becomes Rs. 20925 in 2 years


and Rs. 24412.50 in 5 years. Find the rate of interest
and the sum of money ?
(a) 6.25%, ₹ 18600
(b) 6.75%, ₹ 17775
(c) 7%, ₹ 18000
(d) 8%, ₹ 17560

45. A certain sum of money at simple interest


1
amounts to Rs. 1012 in 2 2 years and to Rs. 1067.20
in 4 years. The rate of interest per annum is
(a) 2.5%
(b) 3%
(c) 4%
(d) 5%

46. In how many years will a sum of money double


itself at 18.75% per annum simple interest ?
(a) 4 years 5 months
(b) 5 years 4 months
(c) 6 years 2 months
(d) 6 years 5 months

47. At what rate percent of simple interest will a sum


of money double itself in 12 years ?
1
(a) 8 4 %
1
(b) 8 3 %
1
(c) 8 2 %
1
(d) 9 2 %

48. The rate at which a sum becomes four times of


itself in 15 years at S.I., will be
(a) 15%
1
(b) 17 2 %
(c) 20%
(d) 25%

49. A sum of money at a simple rate of interest i1,


doubles in 5 years. At another simple rate of interest
i2, it becomes three times in 12 years. Then, the two
rates of interest i1 and i2 respectively are
2
(a) 10%, 16 3 %
(b) 10%, 20%
2
(c) 20%, 16 3 %
(d) 20%, 30%

50. A sum of money at simple interest doubles in 7


years. It will become four times in :
(a) 18 years
(b) 21 years
(c) 38 years
(d) 42 years

51. A sum of money trebles itself in 15 years 6


months. In how many years would it double itself ?
(a) 6 years 3 months
(b) 7 years 9 months
(c) 8 years 3 months
(d) 9 years 6 months

52. If an sum double in 6 years, how much will it be


in 8 years ?
1
(a) 1 2 times
1
(b) 1 3 times
1
(c) 1 4 times
3
(d) 1 4 times

53. Consider the following statements


If a sum of money is lent at simple interest then the
1. money gets doubled in 5 years if the rate of
2
interest is 16 3 %
2. Money gets doubled in 5 years if the rate of
interest is 20%.
3. Money becomes four times in 10 years if it gets
doubled in 5 years.
Of these statements,
(a) 1and 3 are correct
(b) 2 alone is correct
(c) 3 alone is correct
(d) 2 and 3 are correct

54. The simple interest on a sum of money at 8%


per annum for 6 years is half the sum. The sum is :
(a) ₹ 4800
(b) ₹ 6000
(c) ₹ 8000
(d) ₹ Data inadequate
55. At what rate percent per annum will the simple
2
interest on a sum of money be 5 of the amount in
10years ?
(a) 4%
2
(b) 5 3 %
(c) 6%
2
(d) 6 3 %

56. In how much time would the simple interest on a


certain sum be 0.125 times the principal at 10% per
annum ?
1
(a) 1 4 years
3
(b) 1 4 years
1
(c) 2 4 years
3
(d) 2 4 years
57. How long will it take a sum of money invested at
5% p.a. S.I. to increase its value by 40% ?
(a) 5 years
(b) 6 years
(c) 7 years
(d) 8 years

7
58. A sum of money becomes 6 of itself in 3 years at
a certain rate of simple interest. The rate per annum
is
5
(a) 5 9 %
5
(b) 6 9 %
(c) 18%
(d) 25%

59. If the simple interest for 6 years he equal to 30%


of the principal, it will be equal to the principla after
(a) 10 years
(b) 20 years
(c) 22 years
(d) 30 years

60. Simple interest on a certain sum at a certain


1
annual rate of interest is 9 of the sum. If the numbers
representing rate percent and time in years be
equal, then the rate of interest is
1
(a) 3 3 %
(b) 5%
2
(c) 6 3 %
(d) 10%

9
61. Simple interest on a certain amount is 16 of the
principal. If the numbers representing the rate of
interest in percent and time in years be equal, then
time, for which the principal is lent out, is
1
(a) 5 2 years
1
(b) 6 2 years
(c) 7 years
1
(d) 7 2 years

62. A lends Rs. 2500 to B and a certain sum to C at


the same time at 7% p.a. simple interest. If after 4
years. A altogether receives Rs. 1120 as interest
from B and C then the sum lent to C is :
(a) Rs. 700
(b) Rs. 1500
(c) Rs. 4000
(d) Rs. 6500

63. Two equal sums of money were lent at simple


1 1
interest at 11% p.a. for 3 2 years and 4 2 years
respectively. If the difference in interests for two
periods was Rs. 412.50, then each sum is :
(a) Rs. 3250
(b) Rs. 3500
(c) Rs. 3750
(d) Rs. 4250

64. If the simple interest on a certain sum for 15


1
months at 7 2 % per annum exceeds the simple
1
interest on the same sum for 8 months at 12 2 % per
annum by Rs. 32.50, then the sum (in Rs.) is :
(a) Rs. 3000
(b) Rs. 3060
(c) Rs. 3120
(d) Rs. 3250

65. Sujata invested Rs. 7500 at simple interest @ 11


p.c.p.a. She further invested some amount at simple
interest @ 15 p.c.p.a. Total interest earned at the
end of the year became 12 p.c.p.a. Find the amount
invested at the rate of 15 p.c.p.a. ?
(a) Rs. 2000
(b) Rs. 2500
(c) Rs. 3000
(d) Rs. 3500

66. A man invests a certain sum of money at 6%


p.a. simple interest and another sum at 7% p.a.
simple interest. His income from interest after 2
years was Rs. 354. One-fourth of the first sum I
equal to one-fifth of the second sum. The total sum
invested was :
(a) Rs. 2600
(b) Rs. 2700
(c) Rs. 2880
(d) Rs. 2900

67. Rahul borrowed a sum of Rs. 1150 from Amit at


the simple interest rate of 6 p.c.p.a. for 3 years. He
then added some more money to the borrowed sum
and lent it to Sachin for the same time at 9 p.c.p.a.
simple interest. If Rahul gains Rs. 274.95 by way of
interest on borrowed sum as well as his own amount
from the whole transation, then what is the sum lent
by him to Sachin ?
(a) Rs. 1200
(b) Rs. 1285
(c) Rs. 1690
(d) Rs. 1785
(e) None of these

68. A person invested some amount at the rate of


12% simple interest and certain amount at the rate
of 10% simple interest. He received yearly interest of
Rs. 130. But if he Had interchanged the amounts
invested, he would have received Rs. 4 more as
interest. How much did he invest at 12% simple
interest ?
(a) Rs. 400
(b) Rs. 500
(c) Rs. 700
(d) Rs. 800
69. A person borrowed Rs. 500 3% per annum S.I.
1
and Rs. 600 @ 4 2 % per annum on the agreement
that the whole sum will the returned only when the
total interest becomes Rs. 126. The number of
years, after which the borrowed sum is to be
returned, is :
(a) 2 years
(b) 3 years
(c) 4 years
(d) 5 years
70. Two equal sums of money are lent at the same
time at 8% and 7% per annum simple interest. The
former is recovered 6 months earlier than the latter
and the amount in each case is Rs. 2560. The sum
and the time for which the sums of money are lent
out are
(a) Rs. 2000, 3.5 years x 4 years
(b) Rs. 1500, 3.5 years x 4 years
(c) Rs. 2000, 4 years x 5.5 years
(d) Rs. 3000, 4 years x 4.5 years
71. A lent Rs. 5000 to B for 2 years and Rs. 3000 to
C for 4 years on simple interest at the same rate of
interest and received Rs. 2200 in all from both of
them as interest. The rate of interest per annum is
(a) 5%
(b) 7%
1
(c) 7 8 %
(d) 10%

72. A sum of Rs. 725 is lent is the beginning of a


year at a certain rate of interest. After 8 months, a
sum of Rs. 362.50 more is lent but at the rate twice
the former. At the end of the year, Rs. 33.50 is
earned as interest from both the loans. What was
the original rate of interest ?
(a) 3.6%
(b) 4.5%
(c) 5%
(d) 6%
(e) None of these

73. The difference between the simple interest


received from two different sources on Rs. 1500 for
3 years is Rs. 13.50. The difference between their
rates of interest is
(a) 0.1%
(b) 0.2%
(c) 0.3%
(d) 0.4%
74. Peter invested an amount of Rs. 12,000 at the
rate of 10 p.c.p.a. simple interest and another
amount at the rate of 20 p.c.p.a. simple interest. The
total interest earned at the end of one year on the
total amount invested become 14 p.c.p.a. Find the
total amount invested.
(a) Rs. 20,000
(b) Rs. 22,000
(c) Rs. 24,000
(d) Rs. 25,000
(e) None of these

75. A man invested Rs. 5000 at some rate of simple


interest and Rs. 4000 at 1 percent higher rate of
interest. If the interest in both the cases after 4 years
is same, the rate of interest in the former case is ?
(a) 4% p.a.
(b) 5% p.a.
1
(c) 6 4 % p.a.
1
(d) 8 3 % p.a.

76. What should be the lease number of years in


2
which the simple interest on Rs. 2600 at 6 3 % will be
an exact number of rupees ?
(a) 2 years
(b) 3 years
(c) 4 years
(d) 5 years
77. The rates of simple interest in two banks A and
B are in the ratio 5 : 4. A person wants to deposit his
total savings in two banks in such a way that he
received equal half-yearly interest from both. He
should deposit the savings in banks A and B in the
ratio :
(a) 2 : 5
(b) 4 : 5
(c) 5 : 2
(d) 5 : 4

78. A sum was put a simple interest at a certain rate


for 3 years, Had it been put at 1% higher rate, it
would have fetched Rs. 5100 more. The sum is
(a) Rs. 1,20,000
(b) Rs. 1,25,000
(c) Rs. 1,50,000
(d) Rs. 1,70,000
79. If the annual rate of simple interest increases
1
from 10% to 12 2 %, a man’s yearly income increases
by Rs. 1250. His principal (in Rs.) is
(a) Rs. 45,000
(b) Rs. 50,000
(c) Rs. 60,000
(d) Rs. 65,000

80. A moneylender finds that due to a fall in the


3
annual rate of interest from 8% to 7 4 %, his yearly
income diminishes by Rs. 61.50. His capital is ?
(a) Rs. 22,400
(b) Rs. 23,800
(c) Rs. 24,600
(d) Rs. 26,000

81. What equal installment of annual payments will


discharge a debt which is due as Rs. 848 at the end
of 4 years at 4% per annum simple interest ?
(a) Rs. 200
(b) Rs. 212
(c) Rs. 225
(d) Rs. 250

82. A sum of Rs. 10 is lent to be returned in 11


monthly installments of Rs. 1 each, interest being
simple the rate of interest is :
1
(a) 9 11 %
(b) 10%
(c) 11%
1
(d) 21 11 %

83. A person takes a loan of Rs. 200 at 5% simple


interest. He returns Rs. 100 at the end of 1 year. In
order to clear his dues at the end of 2 years, he
would pay :
(a) Rs. 105
(b) Rs. 110
(c) Rs. 115
(d) Rs. 115.50

84. The price of a T.V. set worth Rs. 20,000 is to be


paid in 20 installments of Rs. 1000 each. If the rate
of interest be 6% per annum, and the first
installment be paid at the time of purchase, then the
value of the last installment covering the interest as
well will be :
(a) Rs. 1050
(b) Rs. 2050
(c) Rs. 3000
(d) Rs. None of these

85. A computer is available for Rs. 39000 cash or


Rs. 17000 as cash down payment followed by five
monthly installments of Rs. 4800 each. What is the
rate of interest under the installment plan ?
(a) 35.71% p.a.
(b) 36.71% p.a.
(c) 37.71% p.a.
(d) 38.71% p.a.

86. If the rate increases by 2%, the simple interest


received on a sum of money increases by Rs. 108. If
the time period is increased by 2 years, the simple
interest on the same increased by Rs. 180. The sum
is :
(a) Rs. 1800
(b) Rs. 3600
(c) Rs. 5400
(d) Rs. Data inadequate
(e) None of these

87. Vishwas borrowed a total amount of Rs. 30000,


part of it on simple interest rate of 12 p.c.p.a. and
remaining on simple interest rate of 10 p.c.p.a. If at
the end of 2 years he paid in all Rs. 36480 to settle
the loan amount, what was the amount borrowed at
12 p.c.p.a. ?
(a) Rs. 12000
(b) Rs. 16000
(c) Rs. 17500
(d) Rs. 18000

88. A man divided his share between his sons A and


B in such a way that the interest received by A at
15% p.a. for 3 years is double the interest received
by B at 12% p.a. for 5 years. In what ratio was his
share divided ?
2
(a) 3

3
(b) 2

3
(c) 8

8
(d) 3

89. A sum of Rs. 18750 is left by a will by a father to


be divided between the two sons, 12 and 14 years of
age, so that when they attain maturity at 18, the
amount (Principal + interest) received by each at 5
per cent simple interest will be the same. Find the
sum allotted at present to each son.
(a) Rs. 9500, Rs. 9550
(b) Rs. 8000, Rs. 1750
(c) Rs. 9000, Rs. 9750
(d) None of these

90. A certain sum of money is invested at an interest


rate of 5% per annum and a second sum, twice as
large as the first, is invested at 5.5% p.a. The total
amount of interest earned from the two investments
together is Rs. 1000 per year and the interest is
withdrawn every year. The second sum invested is
(a) Rs. 6250
(b) Rs. 10500
(c) Rs. 12500
(d) Rs. 15000

91. I had Rs. 10000 with me. Out of this money I lent
some money to A for 2 years @ 15% simple interest.
I lent the remaining money to B for an equal number
of years @ 18% simple interest. After 2 years, I
found that A had given me Rs. 360 more as interest
as lent to B must have been
(a) Rs. 2000
(b) Rs. 3000
(c) Rs. 4000
(d) Rs. 5000

92. A sum of Rs. 2600 is lent out in two parts in such


a way that the interest on one part at 10% for 5
years is equal to that on another at 9% for 6 years.
The sum lent out at 10% is :
(a) Rs. 1150
(b) Rs. 1250
(c) Rs. 1350
(d) Rs. 1450

93. A sum of Rs. 1550 was lent partly at 5% and


partly at 8% p.a. simple interest. The total interest
received after 3 years was Rs. 300. The ratio of the
money lent at 5% to that lent at 8% is :
(a) 5 : 8
(b) 8 : 5
(c) 16 : 15
(d) 31 : 6

94. A man lends Rs. 10,000 in four parts. If he gets


1 1
8% on Rs. 2000, 2 2 % on Rs. 4000 and 8 2 % on Rs.
1400; what percent must he get for the remainder, if
his average annual interest is 8.13% ?
(a) 7%
(b) 9%
1
(c) 9 4 %
1
(d) 10 2 %

95. An amount of Rs. 1,00,000 is invested in two


types of shares. The first yields an interest of 9%
p.a. and the second. 11% p.a. If the total interest at
3
the end of one year is 9 4 %, then the amount
invested in each share was ?
(a) Rs. 52,500; Rs. 47,500
(b) Rs. 62,500; Rs. 37,500
(c) Rs. 72,500; Rs. 27,500
(d) Rs. 82,500; Rs. 17,500

96. David invested certain amount in three different


schemes A, B and C with the rate of interest 10%
p.a., 12% p.a. and 15% p.a. respectively. If the total
interest accrued in one year was Rs. 3200 and the
amount invested in Scheme C was 150% of the
amount invested in Scheme A and 240% of the
amount invested in Scheme B, what was the amount
invested in Scheme B ?
(a) Rs. 5000
(b) Rs. 6500
(c) Rs. 8000
(d) Rs. Cannot be determined
(e) None of these
97. A sum of Rs. 1440 is lent out in three parts in
such a way that the interests on first part at 2% for 3
years, second part at 3% for 4 years and third part at
4% for 5 years are equal. Then the difference
between the largest and the smallest sum is
(a) Rs. 4200
(b) Rs. 400
(c) Rs. 460
(d) Rs. 560

98. A person invests money in three different


schemes for 6 years, 10 years and 12 years at 10
percent, 12 percent and 15 percent simple interest
respectively. At the completion of each scheme, he
gets the same interest. The ratio of his investments
is :
(a) 2 : 3 : 4
(b) 4 : 3 : 2
(c) 3 : 4 : 6
(d) 6 : 3 : 2

99. Divid Rs. 2379 into 3 so that their amounts after


2, 3 and 4 years respectively may be equal, the rate
of interest being 5% per annum at simple interest.
The first part is ?
(a) Rs. 759
(b) Rs. 792
(c) Rs. 818
(d) Rs. 828

1 1
100. A man invested 3 of his capital at 7%; 4 at 8%
and the remainder at 10%. If annual income is Rs.
561, the capital is
(a) Rs. 5400
(b) Rs. 6000
(c) Rs. 6600
(d) Rs. 7200
101. Find the amount to be received after 2 years 6
months at the rate of 5% p.a. of simple interest on a
sum of Rs. 3200.
(a) Rs. 3800
(b) Rs. 3500
(c) Rs. 3600
(d) Rs. 3900

102. A man buys a TV priced at Rs. 16000. He pays


Rs. 4000 at once and the rest after 15 months on
which he is charged a simple interest at the rate of
12% per year. The total amount he pays for the TV
is
(a) Rs. 18200
(b) Rs. 17800
(c) Rs. 17200
(d) Rs. 16800

103. A sum becomes its double in 10 years. Find the


annual rate of simple interest.
(a) 8%
(b) 5%
(c) 10%
(d) 20%

104. A sum of money was invested for 14 years in


Scheme A, which offered simple interest at a rate of
8% pa. the amount received from Scheme A after 14
years What then invested for two years in Scheme
B, which offers compound interest (compounded
annually) at a rate of 10% p.a. If the interest
received from Scheme B was Rs. 6678, what was
the sum invested in Scheme A ?
(a) Rs. 15500
(b) Rs. 14500
(c) Rs. 16000
(d) Rs. 15000
105. The interest earned on Rs.15000 in 3 years at
simple interest is Rs.5400. Find the rate of interest
per annum ?
(a) 11.5%
(b) 12.%
(c) 12.5%
(d) 15%

106. The sum invested in Scheme B is thrice the


sum invested in Scheme A. the investment in
Scheme A is made for 4 years at 8 % p.a. simple
interest and in scheme for 2 years at 13 % p.a.
simple interest. Total interest earned from both the
scheme is Rs.1320. How much amount was
invested in scheme A ?
(a) Rs. 1200
(b) Rs. 1140
(c) Rs. 960
(d) Rs. 1500

You might also like