At what rate % per annum will the interest on Rs. 550 be Rs.66 in 3 years.

(A)

5%

(B)

6%

(C)

4%

(D)

None of these

Question-2

The money borrowed or lent out for a certain period is called___________

(A)

Interest

(B)

Principal

(C)

Simple Interest

(D)

None of these

Question-3

The sum of money that will give Re. 1 as interest per day at 5 % per annum simple interest is:

(A)

Rs. 3650

(B)

Rs. 36500

(C)

Rs. 730

(D)

Rs. 7300

Question-4

Let principal = Rs P,Time = T years and Rate = R% per annum -Then Simple Interest(SI) is _____________

(A)

S.I = P*R*T /100

(B)

SI = 100p/R*T

(C)

SI = 100/P*R*T

(D)

None

Question-5

The principal which yields a simple interest of Rs.90 at 6% per annum in 3 years is:

(A)

Rs. 270

(B)

Rs. 500

(C)

Rs. 540

(D)

Rs. 720

Question-6

The simple interest on Rs. 9125 at 4% per annum from April 5, 1987 to August 10, 1987 is

(A)

Rs. 123

(B)

Rs. 127

(C)

Rs. 129

(D)

Rs.133

Question-7

A sum of Rs. 1550 is lent out into two parts, one at 8% and another one at 6%. If the total annum income is Rs. 106 the money lent at 8% is

(A)

Rs.900

(B)

Rs. 840

(C)

Rs. 720

(D)

Rs. 650

Question-8

At what rate percent per annum simple interest will a sum double itself in 8 years 4 months.

(A)

12%

(B)

11%

(C)

10%

(D)

13%

Question-9

The simple interest on a sum of money is (1/9) of the principal and the number of years is equal to the rate percent per annum. The rate percent per annum is

(A)

3

(B)

1/3

(C)

3 1/3

(D)

3/10

Question-10

The total money paid back to the lender is called ___________

(A)

Amount

(B)

Interest

(C)

Principal

(D)

none of these

Your Score 0/10

Click here to see your answersheet and detailed track records.