3. Quant Booster Dose - SIMPLE AND COMPOUND INTEREST (SI/CI) | साधारण ब्याज और चक्रवृद्धि ब्याज

 Simple and Compound Interest (SI/CI)

साधारण ब्याज और चक्रवृद्धि ब्याज



Q.1 Find the amount on Rs. 4565 at 4% per annum simple interest for 2 years 6 months.  

(a) Rs. 5001 (b) Rs 5011.5 (c) Rs. 5025.5 (d) Rs. 5021.5

Q.2 A person deposits Rs.4500 in a bank account which pays 6.75% simple interest per year. Find the value of his deposits after 4

 (a) Rs.5715 (b) Rs.4725 (c) Rs.5735 (d) Rs.5215

Q.3 Find the rate of interest when Rs.12500 fetches Rs.2750 as simple interest in 4 years.

(a) 5% (b) 5.5% (c) 6.5% (d) 6%

Q.4 Indu received Rs. 112750 loan from a bank. After six months she paid back Rs 116358 to bank and closed the loan. Find the rate of interest.

 (a) 7.4% (b) 5.25% (c) 6.4% (d) 6.75%

Q.5 A sum was put at simple interest at a certain rate for 4 years. Had it been put at 2% higher rate, it would have fetched Rs.400 more. Find the sum.

 (a) Rs.6000 (b) Rs.8000 (c) Rs.7550 (d) Rs.5000

Q.6 What amount is to be repaid on a loan of Rs.15000 for 1.5 years at 10% per annum compounded half yearly?

(a) Rs.175345.55 (b) Rs.173643.75 (c) Rs.171346.65 (d) Rs.170343.25

 Q.7 Find the compound interest on Rs.100000 for 2.5 years at the rate of 4% per annum

 (a) Rs.10425.25 (b) Rs.10500.75 (c) Rs.10325.5 (d) Rs.10323.2

Q.8 Simple interest on a certain sum of money for 3 years at 6% per annum is half the compound interest on Rs.5000 for 2 years at 10% per annum. The sum placed on simple interest is

(a) Rs.4275 (b) Rs.4375 (c) Rs.4325 (d) Rs.4250

Q.9 Calculate the compound interest on Rs.156250 for 1.5 years at 8% per annum compounded half yearly.

 (a) Rs.20110 (b) Rs.19510 (c) Rs.19710 (d) Rs.21735.5

Q.10 At what rate percent per annum compound interest will Rs. 4000 amount to Rs. 5324 in 3 years?

(a) 10% (b) 12% (c) 8% (d) 15%

 

ANSWER KEY:

1) D

2) A

3) B

4) C

5) D

6) B

7) D

8) A

9) B

10) A


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