• A. 435 -Ans
• B. 500
• C. 700
• D. 1000

## 2. Find the approximate simple interest on Rs.2000 from March 9, 2010 to May 21, 2010 at 8.25% per annum.

• A. Rs 43
• B. Rs 37
• C. Rs 33 -Ans
• D. Rs 40

## 3. What sum will produce the same interest in 9 years at the rate 8% simple interest as Rs. 800 produce in 3 years at 9/2% per annum?

• A. Rs. 100
• B. Rs. 125
• C. Rs. 150 -Ans
• D. Rs. 110

• A. P
• B. 2P
• C. 3P -Ans
• D. 4P

## 5. A sumn of money of Rs. 1000 is lent out in two parts in such a way that the interest on one part at 10% per amum for 5 years is equal to another at 5% for 10 years. Calculate the sum lent out at 5%.

• A Rs. 500 -Ans
• B. Rs. 800
• C. Rs. 1000
• D. Rs. 1200

• A. 1:2
• B. 2:3
• C. 3:4-Ans
• D. 4:5

## 7. Find the simple interest on Rs. 50 for 6 months at the rate of 10 paise per rupee per month.

• A. Rs. 35
• B. Rs. 40
• C. Rs. 25
• D. Rs. 30 -Ans

• A. 45
• B. 32 -Ans
• C.57
• D. 84

## 9. The maturity value after three years, of a certain sum at 15% p.a. simple interest, is Rs. 8,700/-. Find the principal amount.

• A. Rs. 5,000
• B. Rs. 6,000 -Ans
• C. Rs. 5,500
• D. Rs. 6,500

• A. 282
• B. 1187
• C. 1178 -Ans
• D. 228

## 11. Mr. Ibrahim borrowed Rs.7500 at 5% per annum compound interest. The compound interest compounded annually for 2 years is.

• A 768.75
• B. 8268.75 -Ans
• C. 8286.75
• D. 786.75

## 12. Mr. Yashwanth invested money in FD. How much will he get on maturity, if Rs.10000 is invested at 20% per annum compound interest for 6 months, compounded quarterly?

• A. 11025.25
• B. 11025 -Ans
• C. 11025.75
• D. 11025.5

## 13. Ms. Alina borrowed Rs. 650 at 6% per annum simple interest. What amount will she pay to clear her debt after 4 years?

• A. Rs. 165
• B. Rs. 860
• C. Rs. 806 -Ans
• D. Rs. 156

## 14. How long will a sum of money take to double, if it is invested at 9.09% p.a. simple interest?

• A. 12 years
• B. 14 years
• C. 11 years -Ans
• D. 13 years

• A. 7%
• B. 8%
• C. 9%
• D. 10% -Ans

## 16. What is the difference between the maturity values, if Rs. 12,500 is invested for 2 years at 20% per annum simple interest and compound interest?

• A. Rs. 750
• B. Rs. 650
• C. Rs. 550
• D. Rs. 500 -Ans