Practise 7
Practise 7
Q1. What is S.I. of Rs. 800 on 5% per annum for 3 (a) Rs. 3840
years? (b) Rs. 3740.75
(c) Rs. 3540
(a) Rs.120 (d) Rs. 3640
(b) Rs.140
(c) Rs.210 [Link] would be the C.I. obtained on an amount
(d) Rs.230 of Rs. 4800 at the rate of 5 p.c.p.a for 3 years?
Q2. How many years will it take for amount of Rs. (a) Rs. 448.7
600 to yield Rs. 120 as interest at 10% per annum (b) Rs. 817.8
of S.I.? (c) Rs. 623.5
(d) Rs. 756.5
(a) 1 year
(b) 3 year [Link] would be the C.I. obtained on an amount
(c) 2 year o 12500 at the rate of 12 p.c.p.a. after 2 years?
(d) 4 year
(a) Rs. 3180
Q3.A sum of Rs. 15000 amount gave Rs. 4500 as (b) Rs. 3360
interest in 5 year. What is rate of interest? (c) Rs. 3540
(d) Rs. 3720
(a) 3%
(b) 4% [Link] difference between simple and compound
(c) 5% interest on sum of 10000 is 64 for 2 years. Find the
(d) 6% rate of interest.
(a) 625
[Link] would be the C.I. on Rs. 17500 at the
(b) 630
rate of 12 P.c.p.a. after 2 years?
(c) 640
(a) Rs. 4442 (d) 650
(b) Rs. 4452
Q11. Find the compound interest on Rs. 12500 at
(c) Rs.4462
8% per annum for 9 months compounded
(d) Rs.4482
quarterly.
Q6. What would be the C.I. obtained on an
(a) Rs. 1020
amount of Rs.12000 at the rate of 9 p.c.p.a for 3
(b) Rs. 1428
years?
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Q13. The difference between C.I. & S.I. on Rs. 700 (a) 8 years
in 2 years at 5% per annum is: (b) 10 years
(c) 5 years
(a) Rs. 10
(d) 15years
(b) Rs. 5
(c) Rs. 1.75 Q19. A sum fetched a total simple interest of Rs.
(d) Rs. 2.5 4016.25 at the rate of 9% p.a. in5 years. What is
the sum?
Q14. The difference between the compound and
simple interest on a sum of money for 2 years at 6 (a) Rs. 4462.50
% per annum is Rs. 10. The sum is (b) Rs. 8032.50
(c) Rs. 8900
(a) Rs. 2000
(d) Rs. 8925
(b) Rs. 2200
(c) Rs. 2560 Q20. If the difference between the C.I.
(d) Rs. 2600 compounded half yearly and simple interest on a
sum at 10% per annum for one year is Rs. 25, the
Q15. If a sum of money doubles itself in 8 years at
sum is:
S.I. then the rate of interest per annum is:
(a) Rs. 9000
(a) 10.5
(b) Rs. 9500
(b) 12.5
(c) Rs. 10,000
(c) 11.5
(d) Rs. 10,500
(d) 13.5
Q21. The difference between compound and
Q16. What sum lent at 10% per year on S.I. will
simple interest At a certain rate on Rs. 2000 at the
amount to Rs. 450 in 2 years?
end of two years is Rs. 12.8. The rate of interest
(a) Rs. 350 per annum is
(b) Rs.375
(a) 6.8%
(c) Rs. 240
(b) 8%
(d) Rs. 280
(c) 12.8%
(d) 16.8%
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1
Q22. If a sum of money at simple interest doubles (a) 22%
itself in 6 years, it will become four times in: (b) 4%
(a) 14 years (c) 5%
2
(b) 12 years (d) 63%
(c) 18 years
(d) 16 years Q28. What is difference between C.I. and S.I. of
Rs. 12000 on 5% per annum for 2 years?
Q23.A sum of money doubles in 3 years at
compound interest, compounded annually. It will (a) 35
become 4 times of itself in (b) 25
(c) 30
(a) 12 years (d) 40
(b) 9 years
(c) 8 years Q29. Find the difference between C.I. & S.I. on Rs.
(d) 6 years 15000 at 3% per annum for 3 years?
1 (a) 40.91
Q24. If the amount is 64 times the sum after 2
(b) 73.91
years at compound interest, the rate of interest (c) 39.91
per annum is: (d) 30
(a) 130% Q30. Find the difference between C.I. &S.I. on Rs.
(b) 140% 13000 at 4% per annum for 3 years?
(c) 125%
(d) 150% (a) Rs. 63.23
(b) Rs. 73.25
Q25. Amit invested an amount of Rs. 25000 in (c) Rs. 68.25
fixed den amount Amit @C.I. 8% per annum for 2 (d) Rs.70.29
years. What amount will get?
Q31. A certain sum of money gives Rs. 500 at 5%
(a) Rs. 28240 S.I. for 1 year. What is the C.I. at the same rate at
(b) Rs. 28540 the end of 2 years?
(c) Rs. 29240
(d) Rs. 29160 (a) Rs. 1050
(b) Rs. 1015
Q26. Find the ratio of S.I. & C.I. on a certain sum (c) Rs. 1035
of money at 5% per annum for 2 years (d) Rs. 1025
(a) 50:51 Q32. The difference between the S.I. and C.I.
(b) 40:41 obtained on principal amount at 5 p.c.p.a. after 2
(c) 30:31 years is Rs. 35. What is principal amount.
(d) 45:46
(a) Rs, 15000
Q27. A sum of money invested at C.I. accrued to (b) Rs. 10000
Rs. 80n: rest 3 years and to Rs. 840 in 4 years. The (c) Rs. 14000
rate of interest per annum is. (d) Rs. 13000
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Q33. The C.I. on Rs. 10000 at 20% per annum at [Link] will be CI on an amount of Rs. 10000 at
the end o 1 year 6 month, if the interest is the rate of 20 p.c.p.a. in two years if the interest
calculated half yearly will be rate is compounded half yearly?
Q34. The S.I. is 7200 on 12 p.c.p.a. for 6 years on a Q39. Find the difference between SI and CI at 12%
s What is C.I on 5 p.c.p.a for 2 years? for 2 year on Rs. 10000,
Q35. If the difference between S.I. and C.I. is Rs. Q40. Find the difference between SI and CI at 14%
25 on 10000 for 2 years then what is rate of for 2 years on Rs. 10000.
interest?
(a) Rs. 144
(a) 6 (b) Rs. 169
(b) 4 (c) Rs. 124
(c) 5 (d) Rs. 196
(d) 3
Q41. Prabhat took a certain amount as a loan
Q36. If the ratio of CI & SI interest for the same from bank at the rate of 8% Simple interest per
principal and rate of interest for 2 years is 1.2, find annum and gave the same amount to Ashish as a
the rate of interest. loan at the rate of 12% p.a. on S.I. If at the end of
12 yrs, he made a profit of Rs. 320 in the deal,
(a) 300%
What was the original amount?
(b) 15%
(c) 40% (a) Rs. 500
(d) 3% (b) Rs. 600
(c) Rs. 666.67
Q37. What is CI on Rs. 7500 for 4 years if the rate
(d) Rs. 750.27
of interest is 10% p.a. for the first 2 year and 20%
p.a. for the next 2 year? [Link] annual instalment will discharge a debt
of Rs. 1092 due in 3 years at 12% Simple interest?
(a) Rs. 5273
(b) Rs. 5568 (a) Rs. 250
(c) Rs. 5724 (b) Rs. 275
(d) Rs. 5325 (c) Rs. 300
(d) Rs. 325
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Q62. Nitin borrowed some money at the rate of (a) Rs. 200
6% p.a. for the first three years, 9% p.a. for the (b) Rs. 600
next five years and 13% p.a. for the period beyond (c) Rs. 800
eight years. If the total interest paid by him at the (d) Rs. 1200
end of eleven years is Rs. 8160, how much money
Q67. How long will it take a sum of money
did he borrow?
invested at 5% p.a. S.I. to increase its value by
(a) Rs. 8000 40%?
(b) Rs. 10,000
(a) 5 years
(c) Rs. 12,000
(b) 6 years
(d) None of these
(c) 7 years
Q63. An automobile financier claims to be lending (d) 8 years
money at simple interest, but he includes the
Q68. Simple interest on a certain amount is 9/16
interest every six months for calculating the
of the principal. If the numbers representing the
principal. If he is charging an interest of 10%, the
rate of interest in percent and time in years be
effective rate of interest becomes:
equal, then time, for which the principal is lent
(a) 10% out, is:
(b) 10.25%
(c) 10.5%
(a)
(d) None of these
(b)
Q64. 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: (c)
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[Link] obtained an amount of Rs. 8376 as [Link] amount triples itself at simple interest in
Simple interest on a certain amount at 8 p.e.p.a. 12 years. Find the rate of interest?
after 6 years. What is the amount invested by
(a) 12 %
Veena?
(b) 16 2/3%
(a) Rs. 17180 (c) 14 ¾%
(b) Rs.18110 (d) 13 1/3%
(c) Rs.16660
Q77. The simple interest on certain sum of money
(d) Rs. 17450
for 3 years at 6 % per annum is Rs. 5040. Find the
principle amount?
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(a) 8000
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[Link] equal amount of sum is invested in (a) Rs. 7000, Rs. 4000
scheme M and scheme N. both the schemes offer (b) Rs. 6000, Rs 5000
Simple interest at the rate of 12% and 9% (c) Rs. 3000, Rs. 8000
respectively. If at the end of two years the total (d) Rs. 4000, Rs. 7000
amount received from both the schemes together
[Link] simple interest accrued on a sum of a
was Rs. 19360, what is the amount received by
certain principal is Rs. 35, 672 in seven years at
investing in scheme M?
the rate of 8 pepa. What would be the compound
(a) Rs. 7900 interest accrued on that principal at the rate of 2
(b) Rs. 5300 pcpa in 2 years?
(c) Rs. 8000
(a) Rs. 2573.48
(d) Rs. 7100
(b) Rs.2564.86
[Link] the amount of Rs 3500 is lent at 8% per (c) RS.2753.86
annum, simple interest of Rs 1120 is received after (d) Rs.2654.48
some years. In order to receive Rs 2160 as Simple
[Link] a sum of rs8000 was given in both simple
interest on Rs 4500 in same time, the sum will
interest for 4years and compound interest at 3
have to be invested at how much rate percent per
years, find the difference between the interests if
annum?
rate of interest is 20% each?
(a) 10%
(a) 576
(b) 4%
(b) 625
(c) 5%
(c) 676
(d) 12%
(d) 600
[Link] Rs. 11000 into two parts such that the
Simple interest on the first part for 3 years at 5 %
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ANSWERS
Q1. ANS A Solution:
Solution:
Q2. ANS C
Solution:
Q6. ANS C
Solution:
Q3. ANS D
Solution:
Q7. ANS D
Solution:
Q4. ANS A
Solution:
Q8. ANS A
Q5. ANS B
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Solution:
Q9. ANS A
Solution:
Q13. ANS C
Solution:
Q10. ANS A
Solution:
Q14. ANS C
Solution:
Q11. ANS C
Solution:
Q15. ANS B
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Solution:
Q20. ANS C
Solution:
Q16. ANS B
Solution:
Solution: Solution:
Q22. ANS C
Q18. ANS B
Solution:
Solution:
Q19. ANS D
Solution:
Q23. ANS D
Solution:
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Q24. ANS D
Solution:
Q27. ANS C
Solution:
Solution: Solution:
Q29. ANS A
Solution:
Q26. ANS B
Solution:
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Solution:
Q30. ANS A
Solution:
Q34. ANS D
Solution:
Q31. ANS D
Solution:
Q35. ANS C
Solution:
Q32. ANS C
Solution:
Q36. ANS C
Q33. ANS C
Solution:
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Q40. ANS D
Solution:
Q37. ANS B
Solution:
Q41. ANS C
Solution:
Q38. ANS C
Solution:
Q42. ANS D
Solution:
Q43. ANS C
Q39. ANS C
Solution:
Solution:
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Q47. ANS C
Solution:
Q44. ANS A
Solution:
Q48. ANS C
Solution:
Q45. ANS B
Solution:
Q49. ANS B
Q46. ANS C
Solution:
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Solution:
Q53. ANS D
Solution:
Q55. ANS B
Solution:
Q51. ANS B
Solution:
Q56. ANS D
Solution:
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Q62. ANS A
Solution:
Q57. ANS A
Solution:
Q63. ANS B
Q58. ANS A
Solution:
Solution:
Q64. ANS B
Q59. ANS D
Solution:
Solution:
Q60. ANS C
Q65. ANS C
Solution:
Solution:
Q61. ANS C
Solution:
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Solution:
Q72. ANS D
Solution:
Q73. ANS B
Q68. ANS D
Solution:
Solution:
Q74. ANS C
Solution:
Q70. ANS D
Solution:
Q75. ANS C
Solution:
Q71. ANS C
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Q80. ANS B
Solution:
Q76. ANS B
Solution:
Q81. ANS A
Solution:
Q82. ANS D
Solution:
Q78. ANS A
Solution:
Q83. ANS C
Solution:
Q79. ANS C
Solution:
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Q88. ANS B
Solution:
Q84. ANS D
Solution:
Q89. ANS D
Solution:
Q90. ANS D
Solution:
Q86. ANS A
Solution:
Q91. ANS D
Q92. ANS B
Q87. ANS D
Solution;
Solution:
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Q93. ANS A
Solution:
Q98. ANS B
Solution:
Q94. ANS D
Solution:
Q99. ANS A
Solution:
Q95. ANS D
Q96. ANS C
Solution:
Q100. ANS A
Solution:
Q97. ANS D
Solution;