Q. Simple Interest accured on an amount in eight years @ 11% per annum is Rs. 57200. What was the principle?
1) 65000
2) 75000
3) 72000
4) 82000
Q. Find the ratio of Simple Interest & Compound Interest on a certain sum of money at 5% per annum for 2 years -
1) 50:51
2) 40:41
3) 30:31
4) 45:46
Q. Surbhi lent Rs. 1500. At the end of 3 years, he got Rs. 500 as simple interest. The rate of interest per annum is -
1) 10%
2) 12%
3) 100/9%
4) 25%
Q. If Rs. 5500 amount to Rs. 6600 in 3 years, what will be 9600 amount to on 5 years at same rate percent per annum simple interest -
1) 9400
2) 12114.25
3) 12115
4) None of these
Q. A sum of money becomes sixteen fold in 20 years at compound interest. In 5 years it will be -
1) 4 times
2) twice
3) 8/3 times
4) 8/5 time
Q. The simple interest on Rs. 1820 from March 9, 2011 to May 21, 2011 at 15% rate will be
1) 27.30
2) 54.60
3) 58.60
4) 50
Q. The effective annual rate of interest corresponding to nominal rate of 6% per annum payable half yearly is -
1) 6.06%
2) 6.07%
3) 6.08%
4) 6.09%
Q. At what rate of compound interest per annum will a sum of Rs. 1200 become Rs. 1348.32 in 2 years?
1) 6%
2) 6.5%
3) 7%
4) 7.5%
Q. What is difference between C.I. and S.I. of 12000 on 5% per annum
1) 35
2) 25
3) 30
4) 40
Q. A sum of Rs. 500 is lent to be paid back in 6 equal monthly installments of Rs. 100 each. The rate per cent per annum is -
1) 4%
2) 14%
3) 40%
4) 400%
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