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1.If the rate of interest rises from 111⁄2% to 13%, a man’s annual income from interest an investment of a principal amount in rupees is
(c )Rs. 118000
2.A and B took some amount of money from a bank on the same date at an interest of 10% p.a after two years A paid completetly his principal together with interest by an amount which was exactly equal to what B paid after three yeara as principal and interest. The rate of principal amount of A to that of B is
3.One can purchase a refrigerator by one time payement of Rs. 9800 or by paying Rs. 2000 each down plus 4 monthly installments of Rs. 2000 each. If the first installment is to be paid 1 month after the date of delivery of the refrigerator , then the rate of simple interest chaangd by the dealer under the installment scheme is
4.A man borrowed Rs. 3125 for compound interest and it amounted to Rs. 4500 in 2 years. The rate of compound interest p.a is
5.Rs. 4000 is insested at a fixed deposits scheme for 5 yrs at 16% p.a (simple interest) and the same time Rs. 6400 in a Bank for 4 yrs. If at the end of the respectiveperiods the interest in both the cases be the same , the rate percent p.1 in the second case of the Bank is.
6.If the simple interest = I, the period in years = N, the rate of interest percent p.a = R , then the principal P is given by:
(c )100 IN/R
(d)I / 100NR
7.The value of a machine purchased for Rs. 2,00,000 depreclates at the rate of 10% every year the cost of the machine after three years will be
8. A person borrowed a sum of Rs. 1600 at simple interest of 4.5% p.a and invested it at an interest of 5% p.a compounded annually At the end of the third year, he earned a profit of;
(c )Rs. 36.20
9. Prabhakar deposited Rs. 5000 in the bank and the bank offered simple interest at the rate of 12 percent per year .After 5 year the total amount received by him will be.
10.Rs. 6200 amounts to Rs. 9176 in four years at simple interest, if the interest rate is increased by 3%it would amount to how much?
(c )Rs. 10920