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SIMPLE INTEREST -- 21 TO 40




21.     What would be the simple interest obtained on an amount of images 6420 /- at the rate
          of 7 p.c.p.a   after 4 years ?
                a) images 1869.80 /-       b) images 1796.60 /-             c) images 1786.00 /-        d) images 1896.00 /-     e) None of these

22.      Ms. Sandhya deposits an amount of images 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) images 31144/-             b) images 61544 /-               c) images 41544 /-       d) images 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 images 28046/-. How much amount did Girish obtain as simple interest?
                      a) images 12550/-      b) images 9096 /-               c) images 18950 /-          d) images 10000 /-   e) None of these

24.      Ms. Maya deposits an amount of images 17800 /- and obtained images 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 images 5580 /- at the rate of
          6.5 p.c.p.a after 5 years ?
                    a) images 1825 /-               b) images 1813.50/-            c) images 1827.50 /-          d) images 1819 /-     e) None of these

26.     What would be the simple interest obtained on an amount of images 3460 /- at the rate of
          8.5 % per annum after 6 years?
                 a) images 1746 /-           b) images 1764.60 /-             c) images 1766/-          d) images 1756.40 /-            e) None of these

27.     Ms. Neelam deposits an amount of images 16420 /-  and obtained images 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 images 9535 /- at the rate of 4% per annum to obtain a total
           amount of images 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 images 25000 /- and repays an amount of images 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 images 12000 /- in that
          bank. After how many years will his deposit become images 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 images 708.75 /- at the rate of 12.5 % p.c.p.a in 10 years.
         What is the sum ?
                   a) images 885.95 /-         b) images 576 /-      c) images 5670 /-        d) images 5500 /-         e) None of these.

32.    The interest earned on images 15000 /- in 3 years at simple interest is images5400 /- 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 images 800 /- at the rate of 11 % per year for 7 months. After 7
        months she was to pay
                a) images 851 /-     b) images 852 /-     c) images 950 /-                d) images 951 /-             e) None of these

34.   What would be the simple interest at the end of 2 years on amount images 1250 /-  at the
         rate of 13.5 %  per  year?
                a) images 168.75 /-      b) images 337.50 /-           c) images336.50 /-            d) 167.75 /-          e) None of these

35.   On simple interest an amount becomes images 812 /- in 2 years and images 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 images 8000/-  at the end of 4 years?
                a) images 4000 /-        b) images 2000 /-        c) images 8000 /-          d) data inadequate      e) None of these

37.   Mrs. Sushma lent out an amount of images 3000 /- at 4 % p.a and some other amount at 5 % p.a.
        If at the end of the year she received images 138 /- as total interest, what amount she lent
        out at 5 %  p.a?
                a) images 793.50 /-        b) images 396.75 /-         c) images 395.50 /-        d) 798.50 /-       e) None of these.

38.   If images 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) images 793.50 /-    b) images 396.75 /-         c) images 395.50      d) images 798.50 /-               e) None of these.

39.   A person invests  images 2 lakhs at 12 % p.a. for 1 year. If he invests images 500 /- more, he is eligible
        for 13 % p.a. interest. How much more interest would he receive, if he accepted the second option?
                  a) images 2155/-     b) images 2045 /-       c) images 2165 /-         d) images 2065 /-      e) None of these

40. If a sum of money at simple interst amount to images 1905 /- in 3 years and images 2040 /- in
      4 years, what will be that sum?
              a) images 1470 /-       b) images 1475 /-      c) images 1525 /-       d) Data inadequate        e) None of these


@@@@@@@@@
21. [E];                        S.I.      =
22. [B];                        S.I.      =
                                    =
                         Required amount     =  [30144 + 31400]
                                                            =  61,544/-
23. [B];                        Let the principal be  100.
                         S.I. =  
                         Amount =  [100 + 48] =  148/-
                         When the amount is  148/-, the principal
                                                            =  100/-
                         When amount          =  28046, then principal
                                                            =  
                         S.I. =  [28046 – 18950] =  9,096/-
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. =
                      T =
29. [C];                        S.I. = [31000 – 25000] =  6,000/-
                        R =
30. [E];                        S.I. = 18000 – 12000 =  6,000/-
                         T =
31. [B];                        Sum =
32. [D];                        R =
33. [E];                         
                         Required Amount = 800 + 51.33 =  851.33/-
34. [B];                       
35. [D;             Interest for 2 years = 924 – 812 =  112/-
                         Principal amount = 812 – 112 =  700/-
                         Rate of interest =
36. [A];                        Rate of interest =
                         Total
37. [E];                        Let the amount lent out at 5% p.a. be  x
                       
                         120 + 0.05x = 138  0.05x = 138 – 120
                                             
38. [A];                         
39. [D];            S.I. for 1st case =
                        S.I. for 2nd case =
                         He would receive [26065 – 24000] =  26,065/-
                        more as interest
40. [E];                        S.I. for one year = 2040 -1905 =  135/-
                         S.I. for 3 year = 135 X 3 =  405/-
                        Required sum = 1905 – 405 =  1,500/-

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