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Home Aptitude Simple Interest Comments

  • Question
  • 2/3 part of my sum is lent out at 3%, 1/6 part is Lent out at 6% and remaining part is lent out 12% All the three parts are lent out at simple interest. If the annual income is ? 25, what is the sum?


  • Options
  • A. ? 500
  • B. ? 650
  • C. ? 600
  • D. ? 450

  • Correct Answer
  • ? 500 

    Explanation

    Let entire sum = P
    According to the question,
    [(2P/3) x 3%] + [(P/6) x 6%] + [1 - ( 2/3 + 1/6 )] P x 12% = 25
    ? [(2P/3) x (3/100)] + [(P/6) x (6/100)] + [1 - 4 + 1/6] x (12P/100) = 25
    ? 2P/100 + P/100 + 2P/100 = 25
    ? 5P = 2500,
    ? P = 500


  • Simple Interest problems


    Search Results


    • 1. 
      Raju lent ? 400 to Ajay for 2 yr and ? 100 to Manoj for 4 yr and received from both ? 60 as collective interest, Find the rate of interest, simple interest being calculated.

    • Options
    • A. 5%
    • B. 6%
    • C. 8%
    • D. 9%
    • Discuss
    • 2. 
      The difference of simple interest from two banks for ? 1000 in 2 yr is ? 20. Find the difference in rates of interest.

    • Options
    • A. 2%
    • B. 1.5%
    • C. 1%
    • D. 2.5%
    • Discuss
    • 3. 
      A sum becomes two fold in 6 yr at a certain rate of interest. Find the time, in which the same mount will be 10 fold at the same rate of interest.

    • Options
    • A. 35 yr
    • B. 49 yr
    • C. 59 yr
    • D. 54 yr
    • Discuss
    • 4. 
      A sum becomes 6 fold at 5% per annum. At what rate, the sum becomes 12 fold?

    • Options
    • A. 10%
    • B. 12%
    • C. 9%
    • D. 11%
    • Discuss
    • 5. 
      A sum was invested for 4 yr at a certain rate of simple interest. If it had been invested at 2% more annual rate of interest, then ? 56 more would have been obtained. What is the sum?

    • Options
    • A. ? 680
    • B. ? 700
    • C. ? 720
    • D. ? 820
    • Discuss
    • 6. 
      Suresh borrowed ? 800 at 6% and Naresh borrowed ? 600 at 10% After how much time will they both have equal debts?

    • Options
    • A. 151/3 yr
    • B. 141/2 yr
    • C. 181/3 yr
    • D. 162/3 yr
    • Discuss
    • 7. 
      A sum of ? 1521 lent out two parts in such a way that the interest on one part at 10% for 5 yr is equal to that of another part at 8% for 10 yr. What will be the two parts of sum?

    • Options
    • A. ? 926 and ? 595
    • B. ? 906 and ? 615
    • C. ? 916 and ? 605
    • D. ? 936 ? 585
    • Discuss
    • 8. 
      Rashim lent ? 600 to Geeta for 2 yr and ? 150 to Seeta 4 yr and received altogether ? 80 as simple interest from both. Find the rate of interest.

    • Options
    • A. 34/9%
    • B. 24/9%
    • C. 54/9%
    • D. 44/9%
    • Discuss
    • 9. 
      The simple interest of a sum of money is 1/144 of the principal and the number of years is equal to the rate per cent per annum. What will be the rate per cent per annum?

    • Options
    • A. 3/5%
    • B. 5/6%
    • C. 7/6%
    • D. 1/6%
    • Discuss
    • 10. 
      The simple interest on a sum of money is 1 / 16 of the principal and the number of years is equal to the rate per cent annum. Find the rate per cent.

    • Options
    • A. 21/2
    • B. 31/2 %
    • C. 41/2 %
    • D. 91/2 %
    • Discuss


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