A sum fetched a total simple interest of Rs. 4016.25 at the rate of 9 p.c.p.a. i

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Question
A sum fetched a total simple interest of Rs. 4016.25 at the rate of 9 p.c.p.a. in 5 years. What is the sum?
Options
A. Rs. 4462.50
B. Rs. 8032.50
C. Rs. 8900
D. Rs. 8925
E. None of these

Correct Answer

Rs. 8925

Explanation

Principal

= Rs.	❨	100 x 4016.25	❩
		9 x 5

= Rs.	❨	401625	❩
		45

= Rs. 8925.

Simple Interest problems

Search Results

1. How much time will it take for an amount of Rs. 450 to yield Rs. 81 as interest at 4.5% per annum of simple interest?
Options
A. 3.5 years
B. 4 years
C. 4.5 years
D. 5 years

2. Reena took a loan of Rs. 1200 with simple interest for as many years as the rate of interest. If she paid Rs. 432 as interest at the end of the loan period, what was the rate of interest?
Options
A. 3.6
B. 6
C. 18
D. Cannot be determined
E. None of these

3. A sum of Rs. 12,500 amounts to Rs. 15,500 in 4 years at the rate of simple interest. What is the rate of interest?
Options
A. 3%
B. 4%
C. 5%
D. 6%
E. None of these

4. Two ships are sailing in the sea on the two sides of a lighthouse. The angle of elevation of the top of the lighthouse is observed from the ships are 30� and 45� respectively. If the lighthouse is 100 m high, the distance between the two ships is:
Options
A. 173 m
B. 200 m
C. 273 m
D. 300 m

5. The angle of elevation of the sun, when the length of the shadow of a tree √3 times the height of the tree, is:
Options
A. 30�
B. 45�
C. 60�
D. 90�

6. A sum of money at simple interest amounts to Rs. 815 in 3 years and to Rs. 854 in 4 years. The sum is:
Options
A. Rs. 650
B. Rs. 690
C. Rs. 698
D. Rs. 700

7. A sum of money amounts to Rs. 9800 after 5 years and Rs. 12005 after 8 years at the same rate of simple interest. The rate of interest per annum is:
Options
A. 5%
B. 8%
C. 12%
D. 15%

8. Mr. Thomas invested an amount of Rs. 13,900 divided in two different schemes A and B at the simple interest rate of 14% p.a. and 11% p.a. respectively. If the total amount of simple interest earned in 2 years be Rs. 3508, what was the amount invested in Scheme B?
Options
A. Rs. 6400
B. Rs. 6500
C. Rs. 7200
D. Rs. 7500
E. None of these

9. A lent Rs. 5000 to B for 2 years and Rs. 3000 to C for 4 years on simple interest at the same rate of interest and received Rs. 2200 in all from both of them as interest. The rate of interest per annum is:
Options
A. 5%
B. 7%
C. 7 ¹⁄₈%
D. 10%

10. An automobile financier claims to be lending money at simple interest, but he includes the interest every six months for calculating the principal. If he is charging an interest of 10%, the effective rate of interest becomes:
Options
A. 10%
B. 10.25%
C. 10.5%
D. None of these

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