MATHS QUIZ 7 for BANK/SSC




SIMPLE INTEREST AND COMPOUND INTEREST

Q 1. He simple interest at  x% for x years will be Rs. X on a sum of :-
   (i) Rs. X
  (ii) Rs. (100/x)
 (iii) Rs. 100x
 (iv) Rs. (100/x2)
  (v) None


Q 2. A certain amount earns simple interest of Rs. 1750 after 7 years. Had the interest be 2% more how much more interest would it have earned?
   (i) Rs. 35
  (ii) Rs. 245
 (iii) Rs. 350
 (iv) can’t determine
  (v) None

Q 3. The interest on a certain deposit at 4.5% p. a. is Rs 202.50 in one year. How much will the additional interest in one year be on the same deposit at 5% p. a.?
   (i) Rs. 20.25
  (ii) Rs. 22.50
 (iii) Rs. 25
 (iv) Rs. 42.75
  (v) None

Q 4. 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?
   (i) 1 : 3
  (ii) 1 : 4
 (iii) 2 : 3
 (iv) can’t determine
  (v) None


Q 5. The simple interest on a sum of money will be Rs. 600 after 10 years. If the principal is tripled after 5 years, what will be the total interest at the end of the 10th year ?
   (i) Rs. 600
  (ii) Rs. 900
 (iii) Rs. 1200
 (iv) Rs. 1500
  (v) can’t determine

Q 6. The compound interest on a certain sum for 2 years at 10% p. a. is Rs. 525. The simple interest on the same sum for double the time at the half the rate % per annum is:-
   (i) Rs. 400
  (ii) Rs. 500
 (iii) Rs. 600
 (iv) Rs. 800
  (v) None

Q 7. There is 60% increase in amount in 6 years at the rate of simple interest. What will be the compound interest of Rs. 12,000 after 3 years at the same rate?
   (i) Rs. 2160
  (ii) Rs. 3120
 (iii) Rs. 3972
 (iv) Rs. 6240
  (v) None

Q 8. Praveen barrowed an amount of Rs. 15,000 at the simple interest rate of 12 p.c.p.a. and another amount at the simple rate of 15 p.c.p.a. for a period of 2 year each. He paid amount of Rs. 9000 as total interest. What is the total amount barrowed?
  (i) Rs. 18,000
 (ii) Rs. 32,000
(iii) Rs. 35,000
(iv) Rs. 33,000
 (v) None


Q 9. Rs. 2100 is divided into two parts such that the simple interest on the one part at 4.5% for 3.5 years be the same as that on the other at 5.25% for 4 years. Find out the second part?
   (i) Rs. 800
  (ii) Rs. 1400
  (iii) Rs. 1200
  (iv) Rs. 1500
   (v) None

Q 10. The S.I. occurred on a sum of money at the rate of interest 5% p.a. for two years. Is Rs. 410. The compound interest is the same as S.I. as occurred on other sum of money at the same rate of interest and the same time. Find the difference between the two sum of money(principal)?
     (i) Rs. 80
    (ii) Rs. 90
   (iii) Rs. 150
   (iv) Rs. 120
    (v) None
Answers Will be Updated at 9PM. 

MATHS QUIZ 7 for BANK/SSC MATHS QUIZ 7 for BANK/SSC Reviewed by Priyanka on 11:40:00 Rating: 5

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