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InterviewSolution
This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your knowledge and support exam preparation. Choose a topic below to get started.
| 101. |
A lent Rs. 4000 to B for 2 years and Rs. 2000 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 annu |
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Answer» 13.75%
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| 103. |
A certain sum is invested at simple interest at 18% p.a. for two years instead of investing at 12% p.a. for the same time period. Therefore the interest received is more by Rs. 840. Find the sum? |
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Answer» Rs. 7000 Let the SUM be Rs. x. (x * 18 * 2)/100 - (x * 12 * 2)/100 = 840 => 36x/100 - 24x/100 =840 => 12x/100 = 840 => x = 7000. |
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| 104. |
A sum of money becomes 7/6 of itself in 3 years at a certain rate of simple interest. The rate per annum is: |
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Answer» 5 5/9%
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| 105. |
Nitin borrowed some money at the rate of 6% p.a. for the first three years, 9% p.a. for the next five years and 13% p.a. for the period beyond eight years. If the total interest paid by him at the end |
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Answer» Rs. 8000 Let the sum be Rs. x. Then, [(x * 6 * 3)/100] + [(x * 9 * 5)/100] + [(x * 13 * 3)/100] = 8160 18x + 45X + 39x = (8160 * 100) 102x = 816000 => x = 8000. |
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| 106. |
What will be the compound interest accrued on a sum of Rs 35000 at the rate of 8 p.c.p.a. in 2 years? |
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Answer» C.I.= P [(t - R/100)T - 1] |
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| 107. |
What would be the simple interest obtained on an amount of Rs 4654 at the rate of 5 pcpa after 2 hours ? |
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Answer» RS. 465.50
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| 108. |
The difference between simple interest and the true discount on Rs. 2400 due 4 years hence at 5% per annum simple interest is |
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Answer» RS. 80 NA |
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| 109. |
A certain sum of money is borrowed by a person at 8% simple interest for 4 years. If he has to pay 7384 as interest, what is the total amount he has to pay ? |
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Answer» 1584
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| 110. |
A lent Rs. 5000 o B for 2 years and Rs. 3000 to C for 4 years on single interest at the same rate of interest and received Rs. 2200 in all form both of them as interest, The rate of interest per ann |
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Answer» 10%
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| 111. |
Peter invested an amount of Rs. 12,000 a the rate of 10 p.c.p.a. simple interest and another amount at the rate of 20 p.c.p.a. simple interest . The total interest earned at the end of one year on h |
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Answer» RS. 20,000 NA |
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| 112. |
A sum of Rs. 12,500 amount to Rs. 15,500 in 4 years at the rate of simple interest . What is the rate of interest ? |
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Answer» 6%
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| 113. |
Find the simple interest on Rs 7000 at 50/3 % for 9 months |
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Answer» Rs. 875 S.I. = (P×R×T)/100 Required result = (7000×50×9)/(3×12×100)=875 |
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| 114. |
If there is a total of 104 weekly instalments and a thirddeposit, find the interest charged |
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Answer» 237.55 NA |
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| 115. |
If the difference between the compound interest and the simple interest earned on a sum of money at the rate of 5% p.a. for two years is `4, what is the amount ? |
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Answer» Rs. 1600
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| 116. |
A sum of money lent out at simple interest amounts to Rs. 720 after 2 years and to Rs. 1020 after a further period of 5 years. The sum is: |
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Answer» 600 Rs. |
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| 117. |
The Sum of money that will produce Rs. 1770, interest in 7 1/2 years at 8% simple interest per annum is: |
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Answer» RS 2950 NA |
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| 118. |
The rates of simple interest in two banks x and y are in the ratio of 10 : 8. Rajini wants to deposit her total savings in two banks in such a way that she receives equal half-yearly interest from bot |
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Answer» 4 : 5 NA |
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| 119. |
Sonika deposited Rs.8000 which amounted to Rs.9200 after 3 years at simple interest. Had the interest been 2% more. She would get how much? |
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Answer» Rs.9680
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| 120. |
At what rate percent of simple interest will a sum of money double itself in 20 years? |
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Answer» 5%
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| 121. |
A sum of money amourits 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 : |
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Answer» 12%
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| 122. |
Two equal sums were lent out at 7% and 5% S.I. respectively. The interest earned on the two loans add up to ₹ 960 for 4 years. The total sum lent out in |
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Answer» 2000 NA |
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| 123. |
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 |
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Answer» 12% We can get SI of 3 years = 12005 - 9800 = 2205 |
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| 124. |
The simple interest on Rs. 10 for 4 months at the rate of 3 paise per rupee per month is: |
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Answer» 1.20 RS. 1.20 Rs. |
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| 125. |
A sum of 12,500 amounts to 15,500 in 4 years at the rate of simple interest. What is the rate of interest? |
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Answer» 6 % S.I. = (15500 - 12500) |
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| 126. |
What is the present worth of Rs. 132 due in 2 years at 5 % simple interest per annum . |
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Answer» RS. 120 NA |
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| 127. |
Mr. Mani invested an amount of Rs. 12000 at the simple interest rate of 10% per annum and another amount at the simple interest rate of 20% per annum. The total interest earned at the end of one year |
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Answer» RS. 20000 NA |
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| 128. |
A man took loan from a bank at the rate of 12% p.a. simple interest. After 3 years he had to pay Rs. 5400 interest only for the period. The principal amount borrowed by him was? |
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Answer» 15000 NA |
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| 129. |
How much time will it take for an amount of Rs. 900 to yield Rs 81 as interest at 4.5% per annul of simple interest. |
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Answer» 2 Years NA |
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| 130. |
A sum of money lent at simple interest amounts to Rs. 2150 in 6 years and Rs. 2900 in 11 years. What is the rate per cent per annum ? |
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Answer» 12% LET the sum be x and rate of interest be R% p.a |
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| 131. |
A sum of money at simple interest amounts to Rs. 815 in 3 years and to Rs. 854 in 4 years. The sum is : |
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Answer» RS. 698 NA |
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| 132. |
How much time will it take for an amount of 450 to yield 81 as interest at 4.5% per annum of simple interest? |
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Answer» 4 years
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| 133. |
The simple interest on a sum of money is 1/4 of the principal, and the number of years is equal to the rate % p.a. What will be the rate per cent ? |
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Answer» 5 %
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| 134. |
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? |
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Answer» 8925 NA |
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| 135. |
In a 1 km race, A beats B by 28 meters in 7sec. Find A's time over the course? |
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Answer» 4min,3sec NA |
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| 136. |
A sum was put at simple interest at a certain rate for 10 years. Had it been put at 5% higher rate it would have, fetched Rs 600 more. What was the sum ? |
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Answer» Rs. 1200 Let the sum be Rs X and RATE of SI be y% p.a. |
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| 137. |
How long will it take for a sum of money to grow from Rs.1250 to Rs.10,000, if it is invested at 12.5% p.a simple interest? |
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Answer» 56years NA |
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| 138. |
In how many years will a sum of money double it self a 12% per annum ? |
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Answer» NA |
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| 139. |
If Rs 600 becomes Rs 3600 in 20 years on a simple interest rate 'R*, then what is the rate of interest (value of R) ? |
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Answer» 25 % Here SUM is 600. After 20 yrs it is 3600. |
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| 140. |
A man took loan from a bank at the rate of 12% p.a. simple interest. After 3 years he had to pay Rs. 5400 interest only for the period. The principal amount borrowed by him was: |
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Answer» Rs.15000 NA |
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| 141. |
If a sum of money at simple interest doubles in 6 years, it will become 4 times in : |
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Answer» 18 years NA |
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| 142. |
What is the compound interest accrued on an amount of Rs 16500 at the rate of 12% per annum at the end of two years ? |
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Answer» RS 4197.6 CI = (16500 X 1..12 x 1.12) - 16500 |
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| 143. |
Adam borrowed some money at the rate of 6% p.a. for the first two years . at the rate of 9% P.a. for the next three years , and at he rate of 14% p.a. for the period beyond five years. If he pays |
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Answer» RS. 12000 NA |
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| 144. |
Arun borrowed a sum for 4 years on S.I. at 12%. The total interest paid was Rs. 360. Find the Principal. |
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Answer» Rs.750 NA |
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| 145. |
Reshma's monthly income is 22% more than Neelam's. If Neelam's monthly income is Rs. 3500, what is Reshma's monthly income ? |
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Answer» RS. 4270 According to the question, MONTHLY income of Reshma |
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| 146. |
A sum of Rs. 4000 amounts to Rs. 4600 in 5 years at a certain rate of simple interest. What would be the amount, if the rate of interest is increased by 3 %. |
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Answer» RS. 5200 Principal = Rs. 4000, Amount = Principal + SI = Rs. 4600 |
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| 147. |
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? |
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| 148. |
Rs. 1,500 is invested at a rate of 10% simple interest and interest is added to the principal after every 5 years. In how many years will it amount to Rs. 2,500? |
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Answer» 6(1/9) years NA |
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| 149. |
David invested certain amount in three different schemes. A, B and C with the rate of interest 10% p.a., 12% p.a. and 15% p.a. respectively. If the total interest accrued in one year was Rs. 3200 and |
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Answer» Rs. 5000 Let X, y and z be the amount invested in schemes A, B and C respectively. Then, (x * 10 * 1)/100 + (y * 12 * 1)/100 + (z * 15 * 1)/100 = 3200 10x + 12y + 15z = 320000 Now, z = 240% of y = 12/5 y And, z = 150% of x = 3/2 x x = 2/3 z = ( 2/3 * 12/5) y = 8/5 y 16y+ 12y + 36Y = 320000 y = 5000 Sum invested in scheme B = Rs. 5000. |
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| 150. |
Sanjeev invests an amount of Rs 9655 @ 5 p.c. p.a. for two years. What approximate amount of compound interest will he get at the end of 2 years ? |
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Answer» Because, CI = P[(1 + R/100)t - 1] |
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