# SIMPLE INTEREST -- 21 TO 40

21. What
would be the simple interest obtained on an amount of 6420 /- at the rate

of 7
p.c.p.a after 4 years ?

a) 1869.80 /- b) 1796.60 /- c) 1786.00 /- d) 1896.00 /-
e) None of these

22. Ms.
Sandhya deposits an amount of 31400/- to obtain a simple interest at

the
rate of 12 p.c.p.a For 8 years. What total amount will Ms. Sandhya get at the
end of 8 years ?

a) 31144/- b) 61544 /- c) 41544 /-
d) 30144/-
e) None of these

23. Girish
invested a certain amount at the rate of 8 p.c.p.a for 6 years to obtain

an amount of 28046/-. How much amount did Girish obtain as
simple interest?

a) 12550/-
b) 9096 /- c) 18950 /- d) 10000 /-
e) None of these

24. Ms.
Maya deposits an amount of 17800 /- and obtained 31684 /- at the end of 6 years.

What was the rate of interest per year ?

a) 14.5% b) 11 % c) 12.5 % d) 13 % e) None of these.

25. What
would be the simple interest obtained on an amount of 5580 /- at the rate of

6.5
p.c.p.a after 5 years ?

a) 1825 /- b) 1813.50/- c) 1827.50 /- d) 1819 /- e) None of these

26. What
would be the simple interest obtained on an amount of 3460 /- at the rate of

8.5 % per annum after 6 years?

a) 1746 /- b) 1764.60 /- c) 1766/-
d) 1756.40 /- e) None of these

27. Ms. Neelam
deposits an amount of 16420 /-
and obtained 25451 /- at the

end of
5 years. What was the rate of interest per year?

a) 10.5 % b) 13 % c) 12.5 % d) 11 % e) None of these

28. Asmita invests an amount of 9535 /- at the rate of 4% per annum to obtain
a total

amount of 11442 /- on simple interest after a certain
period. For how many years did

she
invest the amount to obtain the total
sum ?

a) 10 years b) 2 years c) 5 years d) 4 years e) None of these

29. Mr. Sharma takes loan of 25000 /- and repays an amount of 31000 /- at the end of

2
years. What is the rate of simple interest at which he repays the loan ?

a) 8% b) 6 % c) 12 % d) 9 % e) None of these

30. The
interest rate of a Private Bank is 12 % per annum. A customer deposits 12000 /- in that

bank.
After how many years will his deposit become 18000 /- ?

a)
4 years b) 4 years 6
months c) 6 years d) 1 year e) None of these.

31. A sum
fetches simple interest of 708.75 /- at the rate of 12.5 % p.c.p.a in 10
years.

What is
the sum ?

a) 885.95 /- b) 576 /-
c) 5670 /-
d) 5500 /-
e) None of these.

32. The
interest earned on 15000 /- in 3 years at simple interest is 5400
/- Find the rate of

interest per annum.

a) 11.5 % b) 12.5 % c) 15 % d) 12 % e) None of these.

33. Srimate
Kini took loan of 800 /- at the rate of 11 % per year for 7
months. After 7

months
she was to pay

a) 851 /-
b) 852 /-
c) 950 /- d) 951 /- e) None of these

34. What would
be the simple interest at the end of 2 years on amount 1250 /-
at the

rate of
13.5 % per year?

a)
168.75 /-
b) 337.50 /- c) 336.50
/- d) 167.75 /- e) None of these

35. On simple
interest an amount becomes 812 /- in 2 years and 924 /- in 4 years.

What is
the rate of interest on that amount ?

a)
12 % b) 6 % c) 10 % d) 8 % e) None of these

36. An amount doubles itself at the end of 8 years
with a certain rate of simple interest.

What will be the total simple interest on 8000/-
at the end of 4 years?

a)
4000 /-
b) 2000 /-
c) 8000 /- d) data inadequate e) None of these

37. Mrs. Sushma lent out an amount of 3000 /- at 4 % p.a and some other amount at 5
% p.a.

If at the end of the year she received 138 /- as total interest, what amount she lent

out at 5
% p.a?

a)
793.50 /- b) 396.75 /- c) 395.50 /- d) 798.50 /- e) None of these.

38. If 3450 /- is invested at 11.5 p.c.p.a simple
interest for 2 years, how much

interest will be obtained at the end of 2
years ?

a) 793.50 /-
b) 396.75 /- c) 395.50
d) 798.50 /- e) None of these.

39. A person
invests 2 lakhs at 12 % p.a. for 1 year. If he invests
500 /- more, he is eligible

for 13 %
p.a. interest. How much more interest would he receive, if he accepted the
second option?

a) 2155/-
b) 2045 /-
c) 2165 /-
d) 2065 /-
e) None of these

40. If a sum of money at simple interst amount to 1905 /- in 3 years and 2040 /- in

4 years, what
will be that sum?

a) 1470 /-
b) 1475 /-
c) 1525 /-
d) Data inadequate e) None
of these

@@@@@@@@@

21.
[E]; S.I. =

22.
[B]; S.I. =

=

=
61,544/-

23.
[B]; Let the principal be
100.

=
100/-

=

24.
[D]; S.I. = 31684 –
17800 =
13,884/-

R =

25.
[B]; S.I. =

S.I. = 1,813.5/-

26.
[B]; S.I. =

27.
[D]; S.I. = [25451
– 16420] =
9,031/-

R =

28.
[C]; Let the
required time = T years

S.I. = [11442 – 9535] =
1,907/-

S.I. =

29.
[C]; S.I. = [31000
– 25000] =
6,000/-

R =

30.
[E]; S.I. = 18000 –
12000 =
6,000/-

31.
[B]; Sum =

32.
[D]; R =

33. [E];

34. [B];

35. [D; Interest for 2 years = 924 – 812 =
112/-

36. [A]; Rate of interest =

37. [E]; Let the amount lent out
at 5% p.a. be
x

38. [A];

39. [D]; S.I.
for 1

^{st}case =
S.I. for 2

^{nd}case =
more as interest

40. [E]; S.I. for one year = 2040
-1905 =
135/-

Required sum = 1905 –
405 =
1,500/-

SIMPLE INTEREST -- 21 TO 40
Reviewed by sambasivan srinivasan
on
9:21:00 AM
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