Following quiz provides Multiple Choice Questions (MCQs) related to Simple Interest. You will have to read all the given answers and click over the correct answer. If you are not sure about the answer then you can check the answer using Show Answer button. You can use Next Quiz button to check new set of questions in the quiz.
Q 1 - How crunch simple interest will Rs 2000 win in year and a half at 6% for every annum?
Q 2 - A man contributes 1/3 of his capital at 7% p.a. 1/4 at 8% p.a. what's more, the rest of 10% p.a. In the event that his yearly wage is Rs 561, the capital is:
Let the capital be Rs. x. then,
(x*23/2*1/100*1) ?(x*10*1/100*1) = 55.50
=> 23x/200 ?x/10 =111/2 => 23x-20x =11100 => 3x= 11100 => x = 3700
Hence, the capital is Rs. 3700.
Q 5 - Anand took some advance at 12% P.a. simple interest and paid back Rs. 17584 toward the end of 3 years 4 months. What amount of cash did he acquire?
Let sum be z. Then, S.I. = 0.125z = 1z⁄8 Rate = 10
Time = (100 x z⁄z x 8 x 10) = 5⁄4 years = 11⁄4
Q 8 - Peter invested an amount of Rs. 12000 at rate of interest of 10% p.a. simple interest and another amount at the rate of 20% p.a. simple interest. The total interest earned at the end of one year on the total amount invested became 14 p.c.p.a. Find the total amount invested?
Let the second number be z. then, (12000 x 10 x 1⁄100 + z x 20 x 1⁄100) = ((12000 + z) x 14 x 1⁄100)
= 12000 + 20z = 168000 + 14z = 6z = 48000 z = 8000 Therefore Total investment = Rs. (12000 + 8000) = 20000
Q 9 - At what rate percent per annum will a whole of cash twofold in 8 years?
