1. A sum of money amounts Rs. 805 in 5 years and Rs. 952 in 12 years at the same rate of interest. The rate of interest is,

(a)3%

(b)5%

(c )6%

(d)8%

a

2.A sum of money amounts to Rs. 1180 and Rs. 1300 in 3 years and 5 years respectively at simple interest p.a the sum is

(a)Rs.900

(b)Rs.950

(c )Rs.1000

(d)Rs.1050

c

3.A person had deposited Rs. 2500 in a bank on 1st Jan withdrew Rs. 1000 from the bank at the end of 9 months. If the rate of interest is 4% p.a, then the total interest payable to him at the end of the year is;

(a)Rs.80

(b)Rs.84

(c) Rs.105

(d)Rs.90

d

4. In order that the simple interest on the first part for 2 years at 8% per annum is equal to the simple interest on the second part for 4 years at 5% per annum, a sum of Rs. 9000 should be divided as.

(a)Rs. 5000 , Rs. 4000

(b)Rs. 6000, Rs. 3000

(c )Rs. 4500, Rs. 4500

(d)Rs. 5500, Rs. 3500

a

5. The sum which amounts to Rs. 840 in five years at the rate of 8% per annum simple interest is Rs.

(a)(100×840)/(100+5×8)

(b)(100×5×8×100)/840

(c )(100+840)/(100+5×8)

(d)(840×5×8)/100

a

6.A sum of money doubles itself at compounded interest in 15 years. It will become eight times in

(a)30 yrs

(b)40 yrs.

(c )45 yrs.

(d)60 yrs.

c

7.The difference in simple & compound interest on a certain sum of money in 2 years a t15% per annum is Rs. 144. The sum (in Rs.) is

(a)6,000

(b)6,200

(c )6,300

(d)6,400

d

8. A sum of money at simple interest amounts to Rs. 815 in 3 year & to Rs. 854 in 4 years. The sum is

(a)Rs.700

(b)Rs.698

(c )Rs.690

(d)Rs.650

b

9. The compound interest on Rs. 10,000 for 2 years at 5 % per annum is

(a)Rs. 1000

(b)Rs. 1025

(c )Rs. 1030

(d)None

b

10. Difference between compound interest and simple interest on a sum of Rs. 4000 for 3 yrs. At 5% p.a. is

(a)Rs.28

(b)Rs.2950

(c )Rs. 30

(d)Rs.30.50

d