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1. At what rate percent per annum will be the simple interest on a certain sum of money for 20 years will be equal to 4/9th of the total amount at the end of the period?
(c ) 6%
2. Equal sums of money were lent to two persons at 16% simple interest p.a for a period of 3 years and 5 years respectively. If the difference in interest paid by them was Rs. 960, the sum lent to each of them is;
(c ) Rs.5000
3.A sum of money amounts to Rs. 1360 in 3 years and to Rs. 1720 in 6 years at simple interest p.a the rate of interest is
(c )13% (d)12%
4.The interest on a sum of money at the end of 61/4 years is 5/6 of the sum itself. In what time will the sum doubles itself at the same rate?
(c )20 yrs.
5.A sum of money amounts to Rs. 2240 at 4% p.a simple interest in 3 years, the interest on the same sum for 6 months at 31/2% p.a is
6.AA man invests Rs. 10000 for a year of this Rs. 4000 is invested at the interest rate of 5% p.a., Rs. 3500 at 4% p.a, and the rest at x% per annum, his total interest for the year is Rs. 500. Then X equals to
7. A sum of money doubles itself in 6 years at simple interest p.a daily interest of Rs. 1.00 will be received for deposits of money under this scheme by an amount equal (1 year = 365 days)
8.A sum of money becomes double on simple interest in 20 years the period in which it will become four times at the same rate is:
(c )Rs. 80 years
9.If the rate of interest p.a , increases from 6 1⁄2% to 8%, a person’s annual income increases by Rs. 40.50 his capital is
(c )Rs 3000
10.A sum of money triples itself in 30 years rate of interest p.a is: