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Simple Interest - Mock Test 2

10 Questions

10:00

Question 11

The compound interest on a certain sum of money for 2 years at 5% is Rs. 984, then the sum is?

Question 12

A sum fetched a total simple interest of Rs.5,400 at the rate of 12.5 %/yr in 4 years. What is the sum (in Rs)?

Question 13

When the rate of interest is changed from 6% to 5% then the money lender gets 50 Rs less per annum as simple interest. Find the sum which is lent by lender?

Question 14

For an amount, simple interest at the rate of interest of 12% per annum for 6 years is Rs 25920. What will be the compound interest (in Rs) on same amount at the rate of interest of 8% per annum compounding annually for 2 years?

Question 15

The owner of a cell phones shop charges his customer 23% more than the cost price. If a customer paid Rs 7011 for a cell phone, then what was the cost price of the cell phone ?

Question 16

What would be the simple interest obtained on an amount of Rs 8930 at the rate of 8% per annum after 5 yr ?

Question 17

What would be the compound interest obtained on an amount Rs. 4000 at the rate of 5% per annum after 3 yr ?

Question 18

A sum of Rs. 468. 75 was lent out at simple interest and at the end of 1 year 8 months the total amount was Rs. 500. Find the rate of interest per annum. ?

Question 19

Find the rate at Simple interest, at which a sum becomes four times of itself in 15 years.?

Question 20

Sachin borrows Rs. 5000 for 2 years at 4% Per Annum simple interest. He immediately lends money to Rahul at 25/4% Per Annum for 2 years. Find the gain of one year by Sachin.?