2
Q:

# Rs. 775 invested for 6 years gives an interest of Rs. 372. The rate of simple interest per annum is:

 A) 8% B) 7% C) 9% D) 7.5 %

Explanation:
Q:

The simple interest on a certain sum for 3 years at 12% p.a. is ₹6,750. What is the compound interest(in ₹) on the same sum for 2years at 20% p.a., if interest is compounded half-yearly? (rounded off to the nearest ₹

 A) 8,000 B) 8,702 C) 6,750 D) 7,729

Explanation:

0 206
Q:

Suresh lent out a sum of money to Rakesh for 5 years at simple interest. At the end of 5 years, Rakesh paid 9/8 of the sum to Suresh to clear out the amount. Find the rate of simple interest per annum.

 A) 3.5% p.a. B) 2.5% p.a. C) 3% p.a. D) 2% p.a.

Explanation:

0 29
Q:

£1475 was invested for 5 years @ 4 % simple interest per annum. The interest accrued would be £ ............

 A) 295 B) 442.5 C) 590 D) 147.5

Explanation:

3 97
Q:

The difference between the compound interest and simple interest on ₹ x at 8.5% per annum for 2 years is ₹ 28.90. The value of x is:

 A) 3800 B) 3500 C) 4000 D) 4500

Explanation:

1 1262
Q:

The difference between the compound interest and simple interest on ₹x at 12% per annum for 2 years is ₹18. What is the value of x?

 A) 1,250 B) 1,280 C) 1,340 D) 1,300

Explanation:

2 1042
Q:

₹4,300 becomes ₹4,644 in 2 years at simple interest. Find the principle amount that will become ₹10,104 in 5 years at the same rate of interest.

 A) ₹7,200 B) ₹8,420 C) ₹9,260 D) ₹5,710

Explanation:

3 757
Q:

The simple interest on a certain sum at the end of three years at 5%p.a. is ₹1,200. The compound interest on the same sum for the same period at the same rate is (interest compounded yearly):

 A) ₹1,800 B) ₹1,261 C) ₹820 D) ₹1,260

Explanation:

4 2623
Q:

The difference between the compound interest and simple interest on ₹ x at 11% per annum for 2 years is ₹ 60.50. What is the value of x?

 A) 4800 B) 4000 C) 5000 D) 4500