logo

CuriousTab

CuriousTab

Simple Interest problems


  • 1. If the rate increases by 2%, the simple interest received on a sum of money increases by Rs. 108. If the time period is increased by 2 years, the simple interest on the same sum increases by Rs.180. The sum is ?

  • Options
  • A. Rs. 540
  • B. Rs. 415
  • C. Rs. 404
  • D. Data is not sufficient
  • Also asked in: GRE, GATE, CAT, Bank Exams, Bank PO, Bank Clerk

  • Discuss
  • 2. If J is the interest on K and K is the interest on L, the rate and time is the same on both the cases. What is the relation between J, K and L ?

  • Options
  • A. J x J = KL
  • B. K x K= JL
  • C. L x L = JK
  • D. JKL = 1
  • Also asked in: Bank Clerk, GATE, CAT, Bank Exams, AIEEE, Bank PO

  • Discuss
  • 3. A sum at simple interest at 1312 % per annum amounts to Rs. 2502.50 after 4 years. Find the sum

  • Options
  • A. Rs.1625
  • B. Rs1525
  • C. Rs.1425
  • D. Rs.1325
  • Also asked in: GRE, Bank PO

  • Discuss
  • 4. A car is purchased on hire-purchase. The cash price is $21 000 and the terms are a deposit of 10% of the price, then the balance to be paid off over 60 equal monthly instalments. Interest is charged at 12% p.a. What is the monthly instalment?

  • Options
  • A. $503
  • B. $504
  • C. $505
  • D. %506
  • Also asked in: Bank Exams, Bank PO

  • Discuss
  • 5. On simple interest an amount becomes Rs. 812 in two years and Rs. 924 in four years. What is the rate of interest on that amount?

  • Options
  • A. 7.2%
  • B. 8%
  • C. 8.5%
  • D. 9.3%
  • Also asked in: AIEEE, Bank Exams, CAT, GATE, Analyst, Bank Clerk, Bank PO, Database Administrator, IT Trainer

  • Discuss
  • 6. A sum of Rs. 2600 is invested at two different rates of interest. The difference between the simple interests got after 4 years is Rs 402.80 at these two rates, what is the difference between the rates of interest?

  • Options
  • A. 1.58
  • B. 2.63
  • C. 3.87
  • D. 4.02
  • Also asked in: AIEEE, Bank Exams, CAT, GATE, Analyst, Bank Clerk, Bank PO

  • Discuss
  • 7. A simple interest earned on certain amount is triple the money when invested for 16 years.what is the interest rate offered ?

  • Options
  • A. 13.33 %
  • B. 14.25 %
  • C. 16.98 %
  • D. 18.75 %
  • Also asked in: AIEEE, Bank Exams, CAT, GATE, GRE, Bank Clerk, Bank PO

  • Discuss
  • 8. Find the simple interest on Rs.600 for 11 months at 5 paisa per month ?

  • Options
  • A. Rs. 30
  • B. Rs. 3.30
  • C. Rs. 33
  • D. Rs. 330
  • Also asked in: AIEEE, Bank Exams, CAT, GATE, Bank Clerk, Bank PO

  • Discuss
  • 9. In how many years, Rs. 200 will produce the same interest @ 5 % as Rs. 900 produce in 2 years @ 3 ½ % ?

  • Options
  • A. 5.2 yrs
  • B. 7 yrs
  • C. 7.9 yrs
  • D. 6.3 yrs
  • Also asked in: AIEEE, Bank Exams, CAT, GATE, Bank Clerk, Bank PO, IT Trainer

  • Discuss
  • 10. The difference between compound interest compoundedevery 6 months and simple interest after 2 years is 248.10.The rate of interest is 10 percent. Find the sum

  • Options
  • A. 12000
  • B. 14000
  • C. 16000
  • D. 18000
  • Discuss

First 22 23 24 ... 30 .. 36 37 Last