Q1. A sum on simple interest becomes 7/2 times of itself in ten years, find the rate of interest.
(a) 20%
(b) 16%
(c) 30%
(d) 25%
(e) 12%
Q2. Ayush divided 2189 in three parts such that interest on them after 1, 2, 3 years respectively may be equal. The rate of SI is 4% per annum in all case. The smallest part is ?
(a) 702
(b) 398
(c) 425
(d) 756
(e) 1093
Q3. A certain money becomes 7/4th of itself in 6 years at a certain rate of simple interest. Find the rate of interest (in %).
(a) 25
(b) 30
(c) 12.5
(d) 6.25
(e)10
Q4. An amount is lent out at y% p.a at S.I for 2 years. If it had been lent at 2y% p.a at S.I for ‘a’ more years, then the interest would have been five times of the earlier interest. Find the value of ‘a’.(in years)
(a) 5
(b) 4
(c) 3
(d) 2
(e) none of these
Q5. Rahul invested a sum of Rs. 10000 in a scheme offering simple interest at 10% p.a. after 2 years, he again invested all the money he got from scheme in share market at Rs. 50 per share. After 1 month, he sold all his shares at Rs. 52 per share. Find his profit percent.
(a) 2 %
(b) 24 %
(c) 4 %
(d) 15 %
(e) 12 %
Q6. If the rate of interest is 20% p.a. then find the compound interest earned on Rs. 2000 in 1½ years. If interest is charged half yearly.
(a) Rs. 500
(b) Rs. 961
(c) Rs. 662
(d) Rs. 463
(e) Rs. 460
Q7. The simple interest on a certain sum for 4 yrs. at a rate of 12.5% per annum is Rs 4000. What will be the compound interest on the same sum at a rate of 4% per annum after two years?
(a) Rs 762.8
(b) Rs 562.8
(c) Rs 652.8
(d) Rs 842.4
(e) Rs 648.6
Q8. In new year offer Axis bank reduced interest rate from 20% to 10% C.I. P.A. Due to this offer Anurag have to pay Rs. 345 less interest in two year. Find the loan amount of Anurag.
(a) Rs. 1,000
(b) Rs. 2,400
(c) Rs. 4,000
(d) Rs. 1,500
(e) Rs. 2,000
Q9. A man invested a certain amount at the rate of 8 % per annum for 5 year and obtained a total SI of Rs. 5000. Had he invested the same amount at the same rate for 2 years, how much amount would he have obtained as CI at the end of 2 year?
(a) 2050 Rs.
(b) 2010 Rs.
(c) 2040 Rs.
(d) 2080 Rs.
(e) 2020 Rs.
Q10. Bhavya have 10,000 Rs. He invested some amount in Scheme ‘A’ which offers 15% p.a. at SI and rest in Scheme ‘B’ which offers 20% p.a. at CI. Interest earned form scheme ‘A’ after 2 years is 780Rs more than interest earned form scheme ‘B’ after 2 years. Find the amount invested in Scheme ‘B’?
(a) 8000 Rs
(b) 7000 Rs
(c) 3000 Rs
(d) 2000 Rs
(e) 5000 Rs
Directions (11-15): Study the given bar graph carefully and answer the questions given below. Bar-graph shows number of people (in hundred) using two different types of bike service over the years.
Q11. What is the average no. of people using the HONDA bike service in all over the years?
(a) 6400
(b) 4900
(c) 5800
(d) 6125
(e) 6800
Q12. Find the ratio of no. of people using the HONDA service in year 2015 and 2016 together to no. of people using the TVS service in year 2017 and 2014 together.
(a) 4 : 5
(b) 3 : 4
(c) 5 : 4
(d) 6 : 5
(e) 4 : 3
Q13. What is the difference between no. of people using TVS service all over the years (excluding 2016) and no. of people using HONDA service all over the years (excluding 2015)?
(a) 2000
(b) 2500
(c) 3500
(d) 1500
(e) None of these
Q15. If per service cost of TVS is 20% more than HONDA, then total service cost of TVS in year 2015 is what percent of total service cost of HONDA in same year?
(a) 125%
(b) 150%
(c) 200%
(d) 100%
(e) 50%
Solutions