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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.
| 151. |
How long will it take a sum of money invested at 5% p.a. S.I. to increase its value by 40% ? |
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Answer» 8 years NA |
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| 152. |
At what rate per cent per annum calculated in simple interest will a sum of money double in 10 year? |
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Answer» 10%
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| 153. |
Mr. Duggal invested Rs. 20,000 with rate of interest at 20 p.c.p.a. The interest was compounded half yearly for first year and in the next year it was compounded yearly. What will be the total interes |
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Answer» Rs. 9,040 Amount = principal (1 + RATE/100)Time |
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| 154. |
If rupee one produces rupees nine over a period of 40 years, find the rate of simple interest? |
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Answer»
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| 155. |
The present of Rs.169 due in 2years at 4% per annum compound interest is |
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Answer» Rs.156.25 NA |
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| 156. |
Find the simple intrest on Rs. 2500 at 25% for 3 1/2 years: |
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Answer» 2187.5 NA |
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| 157. |
The number of oranges in three baskets are in the ratio of 3 : 4 : 5. In which ratio the no. of oranges in first two baskets must be increased so that the new ratio becomes 5 : 4 : 3? |
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Answer» 2:1 NA |
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| 158. |
A man deposits Rs 1000 in one bank at 8% pa and Rs 3000 in another bank at rate 4% pa. Find the rate of interest for the whole sum. |
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Answer» 5 % R = (1000x8) + (3000x4)/1000+3000 |
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| 159. |
Find the simple interest earned on an amount of 73500 at the rate of 7% pa after five years. |
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Answer» SI = P X t x r/100 |
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| 160. |
An automobile 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 |
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Answer» 10.25%
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| 161. |
An automobile financier claims to be lending money at S.I., but he includes the interest every six months for calculating the principal. If he is charging an interest of 10%, the effective rate of int |
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Answer» 10.25% S.I. for first 6 months = (100 * 10 *1) / (100 * 2) = Rs. 5 S.I. for last 6 months = (105 * 10 * 1) / (100 * 2) = Rs. 5.25 So, amount at the end of 1 year = (100 + 5 + 5.25) = Rs. 110.25 Effective RATE = (110.25 - 100) = 10.25%. |
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| 162. |
Find simple interest on Rs.4000/- at 15% p.a. for 9months? |
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Answer» Rs.450/- NA |
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| 163. |
A certain sum of money doubles itself in 10 years in how much many years will it trible itself at the same rate? |
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Answer» 100 ---- 100 --- 10 |
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| 164. |
Find simple interest on Rs.6000/- at 10% p.a. for 2 years 3 months? |
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Answer» Rs. 1350 2 YEARS 3 months = 27/12 = T |
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| 165. |
The interest on a certain deposit at 4.5% per annum is Rs. 202.50 in one year. How much will the additional interest in one year be on the same deposit at 5% per annum? |
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Answer» 22.50 NA |
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| 166. |
Find the simple interest on Rs. 5200 for 2 years at 6% per annum. |
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Answer» RS. 624 NA |
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| 167. |
The S.I on a sum of principal is Rs. 7,200 in six years at rate of 12 p.c.p.a. What would be the compound interest accrued on that principal at the rate of 5 p.c.p.a. in 2 years ? |
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Answer» RS. 1025
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| 168. |
What should be the simple interest obtained on an amount of Rs 2800 at the rate of 16% p.a. after 3 years ? |
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Answer»
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| 169. |
David Rs. 2379 into 3 parts so that their amounts after 2, 3 and 4 years respectively may be equal, the rate of interest being 5% per annum at simple interest. The first part is : |
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Answer» RS. 828 NA |
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| 170. |
A person took some amount with some interest for 3 years, but increase the interest will be increase From 7% to 9%. He paid Rs. 240 extra, then how much amount he took? |
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Answer» Rs. 4000 2% ------> Rs. 240/- |
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| 171. |
An automobile financier claims to be lending money at the simple interest, but he includes the interest every six months for calculating the principal. If he is charging an interest of 10%, the effect |
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Answer» 4 years NA |
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| 172. |
What sum of money will produce Rs.70 as simple interest in 4 years at 3 1/2 percent? |
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Answer» 70 = (P*4*7/2)/100 |
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| 173. |
Mr. Thomas invested an amount of 13,900 divided in two different schemes A and B at the simple interest rate of 14% p.a. and 11% p.a. respectively. If the total amount of simple interest earned in 2 y |
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Answer» 6400 Let the sum invested in SCHEME A be x and that in Scheme B be (13900 - x). |
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| 174. |
A man invested `1/3` of his capital at 7% ; `1/4` at 8% and the remainder a 10% . If his annual income is Rs. 61, the capital is :. |
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Answer» RS. 6600 NA |
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| 175. |
A borrow took by a man, for every 8 years it will be 3 times, then what is the rate of the interest? |
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Answer» 25 % P = 1 , I = 2 , T = 8 years, R = ? |
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| 176. |
A man took some money for borrowed, for 2 years the total will be Rs.9000/- and 5 years it will be13, Rs.500/-. Then how much amount he borrowed? |
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Answer» RS. 6000 2 years --------> Rs.9000/- 5 years --------> Rs.13500/- - - ------------------------------ 3 years ---------> Rs.4500/- 2years * Rs.1500/- = Rs.3300/- P = Rs.9000/- - Rs.30000/- = Rs.6000/- P = Rs.6000/- |
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| 177. |
The price of a T.V set worth Rs. 20,000 is to be paid in 20 installments of Rs. 1000 each. If the rate of interest be 6% per annum, and the first installment be paid at the time of purchase, then the |
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Answer» 5000 NA |
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| 178. |
A sum of Rs.1550 was lent partly at 8% p.a. simple interest. The total interest received after 3 years was Rs.300. The ratio of the money lent at 5% to that lent at 8% is : |
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Answer» 16:15 NA |
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| 179. |
If a certain sum of money amounts to Rs 4500 in 5 years at the rate of 5% per annum, what is the sum ? |
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Answer» Sum = 100x4500/100+25 = 3600 |
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| 180. |
What will be the compound interest on a amount of Rs. 12000, if the interest is compounded half-yearly at 20% per annum for 1 1/2 years ? |
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Answer» RS. 3972 r = 20/2 = 10% and t = 2 x 1.5 = 3 yrs |
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| 181. |
Vijay lent out an amount Rs. 10000 into two parts, one at 8% p.a. and the remaining at 10% p.a. both on simple interest. At the end of the year he received Rs. 890 as total interest. What was the amou |
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Answer» Rs. 5500 Let the AMOUNT lent out at 8% p.a. be Rs. A => (A * 8)/100 + [(10000 - A) * 10]/100 = 890 => A = Rs. 5500. |
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| 182. |
The simple interest accrued on an amount of Rs 380 at the end of 8 years is Rs 167.20. What is the rate of interest pa ? |
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Answer» 5.5 % LET the RATE of interest be R% pa. |
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| 183. |
Person invests an amount of ` 10000 at the rate of 11 % per annum for two years. What approximate amount of compound interest will he obtain at the end of two years ? |
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Answer» RS. 2331 The AMOUNT after two YEARS |
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| 184. |
A certain sum becomes four times itself at simple interest in eight years. In how many years does it become ten times itself? |
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Answer» None of these Let the sum be Rs. x, then it becomes Rs. 4x in eight years Rs. 3X is the interest on x for eight years. R = (100 * 3x)/(x * 8) = 300/8 % If the sum becomes ten times itself, then interest is 9x. The required time PERIOD = (100 * 9x)/(x * 300/8) = (100 * 9x * 8)/(x * 300) = 24 years. |
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| 185. |
If Rs. 64 amount to Rs. 83.20 in 2 years. What will Rs. 86 amount to in 4 years at the same rate percent per annum ? |
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Answer» RS. 137.60 NA |
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| 186. |
The simple interest on Rs. 10 for 4 months at the rate of 3 Pasie per rupee per month is. |
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Answer» RS. 1.20 NA |
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| 187. |
The simple interest on a certain sum of money at the rate of 5% p.a. for 8 years is Rs. 840. At what rate of intrest the same amount of interest can be received on the same sum after 5 years. |
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Answer» 8% Here FIRSTLY we need to CALCULATE the principal AMOUNT, then we can calculate the new rate. P=(S.I.∗100)/(R∗T) |
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| 188. |
Mohan took a loan at the rate of 12% pa from a bank. If after eight years he returned Rs. 12544 including the interest, what was the principal amount ? |
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Answer» P + SI = 12544 = P + P X 12 x 8/100 |
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| 189. |
If Rs. 64 amounts to Rs. 83.20 in 2 years, what will Rs. 86 amount to in 4 years at the same rate percent per annum ? |
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Answer» RS. 137.60 NA |
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| 190. |
If Rs. 64 amount to Rs. 83.20 in 2 years , what will Rs. 86 amount to in 4 years at the same rate percent per annum ? |
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Answer» RS. 51.60 NA |
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| 191. |
The simple interest accrued on an amount of Rs 19,800 at the end of three years is Rs 7,128. What would be the Compound interest accrued on the same amount at the same rate in the same period ? |
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Answer» Rs 8017.5744 Rate = 7128 X 100/19800 x 3 = 12% |
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| 192. |
A sum of money at simple interest amounts to Rs. 900 in 3 years and to Rs. 954 in 4 years. |
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Answer» 792 NA |
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| 193. |
In what time will Rs.4000 lent at 3% per annum on simple interest earn as much interest as Rs.5000 will earn in 5 years at 4% per annum on simple interest? |
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Answer» 8 1/3 years
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| 194. |
The difference between the simple interest received from two different sources on Rs.1500 for 3 years is Rs.13.50. The difference between their rates of interest is |
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Answer» 0.3%
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| 195. |
A man took a loan from a bank at the rate of 12% p.a. simple interest. after 3 years he had to pay Rs. 5400 onerest only for the period. he principal amount borrowed by him was : |
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Answer» RS. 15,000 NA |
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| 196. |
If the simple interest on a certain sum of money for 2 years is one – fifth of the sum, then the rate of interest per annum is: |
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Answer» 10%
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| 197. |
A sum of Rs. 2600 is lent out in two parts in such a way that the interest on one part at 10% for 5 years is equal to that on another at 9% for 6 years. The sum lent out at 10% is: |
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Answer» 1350 NA |
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| 198. |
On what sum of money lent out at 9% per annum simple interest for 6 years does the simple interest amount to Rs. 810 |
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Answer» 1500 Rs. |
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| 199. |
Find the principle, interest on Rs.1200 at 8% p.a. for 2 years? |
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Answer» Rs.7500/- NA |
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| 200. |
At a certain rate of simple Interest Rs 600 amounted to Rs 750 in 3 years. If the rate of interest be increased by 4%, what will be the amount after 3 years ? |
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Answer» Initially, rate of interest = 150x100/600x3 = 25/3% |
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