__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/x

^{2})
(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 10

^{th}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.

Answers Will be Updated at 9PM.

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