Simple Interest - Comprehensive Mock Test 2

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Question 11 Medium

What is the present worth of Rs. 132 due in 2 years at 5% simple interest per annum?

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Question 12 Hard

A sum of money at simple interest amounts to Rs. 2240 in 2 years and to Rs. 2600 in 5 years. What is the principal amount?

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Question 13 Medium

At what rate percent per annum will the simple interest on a sum of money be 2/5 of the amount in 10 years?

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Question 14 Hard

Sahil took a loan for 6 years at the rate of 5% per annum on Simple Interest, If the total interest paid was Rs. 1230, the principal was ?

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Question 15 Medium

If a sum of money doubles itself in 8 years at simple interest, the ratepercent per annum is?

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Question 16 Hard

Reema 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.?

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Question 17 Hard

A 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.?

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