Arithmetic: S.I & C.I TTT-1

ARITHMETIC

⏳ TIME TRACKER TEST ⏰

Difficulty mode : Moderate

Simple interest & compound interest :

1. At what rate percent per annum a sum of Rs. 1,800 will become Rs. 2,700 in 10 years?

1. 5%
2. 10%
3. 6%
4. 8%

2. A sum of Rs. 1600 lent at SI of 12.5% per annum will become twice in

1. 16 years
2. 12 years
3. 20 years
4. 8 years

3. Rakesh took a loan for $7$ years at the rate of $6\%$ p.a. S.I. If the total interest paid was Rs. $2100$, the principal was

1. Rs. $4100$
2. Rs. $5200$
3. Rs. $4800$
4. Rs. $5000$

4. What is the simple interest rate per annum if Rs 1200 amounts to Rs 1440 in 5 years?

1. 9.5%

2. 7.5%

3. 5 %

4. 8%

5. In what time will Rs. 72 become Rs. 81 at $6\frac{1}{4}$ % p.a SI?

1. 2 years
2. 1 1/2 years
3. 2 1/2 years
4. None

6. A sum of Rs 1600 gives a simple interest of Rs 252 in 2 years and 4 months. What is the rate of simple interest per annum?

1. 7.75%

2. 6.75%

3. 8.5%

4. 6.5%

7. A sum of money doubles itself after 10 years at a certain rate of interest. What is the rate of simple interest?

1. 15%
2. 9%
3. 12%
4. 10%

8. At what rate percent (simple interest) will a sum of money double itself in 16 years?

1. $6\frac{1}{4}$%
2. $5\frac{1}{4}$%
3. $5\frac{3}{4}$%
4. $6\frac{3}{4}$%

9. Find out the capital required to earn a monthly interest of $Rs.500$ per month as $6$% simple interest.

1. $Rs.1,00,000$
2. $Rs.1,20,000$
3. $Rs.1,10,000$
4. $Rs.1,30,000$

10. A sum of money lent at simple interest amounts to $Rs3224$ in $2$ years and $Rs4160$ in $5$ years. Find the sum and the rate of interest.

1. $Rs.2500$
2. $Rs.2000$
3. $Rs.1600$
4. $Rs.2600$

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