194 !

"#$%&'()%*%+)
3. A man borrows ` 600 from his friend. He agrees to pay it back after 8 months
together with simple interest at 8% per annum. What amount will he pay back?
(A) ` 32 (B) ` 384 (C) ` 632 (D) ` 984
4. In what time ` 350 at 5% per annum will amount to ` 420?
(A) 2 years B) 3 years (C) 4 years (D) 5 years
5. A bank returns ` 3000 after 5 years on the deposit amount of ` 2000. What is
percent rate of simple interest?
(A) 5% (B) 10% (C) 15% (D) 20%
6. A man borrowed ` 7500 for 2 years at the rate of 10% per annum. How much
money he will pay after two years?
(A) ` 6000 (B) ` 7500 (C) ` 8500 (D) ` 9000
7. A farmer borrowed ` 20000 for 2 years at the rate of 12% per annum from a bank.
How much will he have to pay after two years?
(A) ` 24000 (B) ` 24800 (C) ` 28400 (D) None of these
8. A certain sum of money lend out at simple interest amounts to ` 1380 in 3 years
at 5% rate of interest per annum. Find the sum.
(A) ` 1000 (B) ` 1100 (C) ` 1200 (D) ` 1250
9. In what time will ` 1860 amount to ` 2641.20 at simple interest 12% per annum?
1 1
(A) 3 years (B) 3 years (C) 4 years (D) 4 years
2 2

10. In how many years will a sum of ` 3000 yield a simple interest of ` 1080 at 12%
per annum?
1 1
(A) 2 years (B) 2 years (C) 3 years (D) 3 years
2 2
11. The sum of money that will give ` 1 as interest per day at the rate of 5% per annum
simple interest is:
(A) ` 730 (B) ` 3650 (C) ` 7300 (D) `36500
1
12. What sum will amount to ` 7000 in 5 years with 3 % as simple interest?
3
(A) ` 5000 (B) ` 6000 (C) ` 6300 (D) ` 6500
1
13. What will be the amount a man would get, if he invests `12000 at 9 % per annum
2
simple interest for 2 year.
(A) ` 12280 (B) ` 13280 (C) ` 14280 (D) ` 16280
1
14. What sum of money will fetch a simple interest of ` 3900 for 2 years at the rate
2
of 13% per annum?
(A) ` 10400 (B) ` 11800 (C) ` 12000 (D) ` 12600
15. What sum of money lend out at simple interest will amount to ` 3400 in 3 years
at 1% per month?
(A) ` 1600 (B) ` 1800 (C) ` 2400 (D) ` 2500
 !"#$%&'()%*%+) 195
16. What principal invested at 11% per annum for 4 months will yield a simple interest
of ` 132?
(A) ` 3100 (B) ` 3600 (C) ` 4100 (D) ` 4200
17. The interest on ` 7000 at the rate of 12% per annum for one month is:
(A) ` 50 (B) ` 60 (C) ` 70 (D) ` 140
1
18. In what time will ` 72 become ` 81 at 6 % p.a. simple interest?
4
(A) 2 years (B) 2 years 6 months
(C) 3 years (D) 4 years
1
19. A sum of ` 1600 lend at S.I. of 12 % per annum will become twice in:
2
(A) 8 years (B) 12 years (C) 16 years (D) 20 years
20. The sum of money that amounts to ` 332 in 9 months at the rate of 5 % p.a. is:
(A) ` 300 (B) ` 312 (C) ` 315 (D) ` 320
21. The simple interest on ` 1560 for 7 months at the rate of 8% per annum is:
(A) ` 70 (B) ` 72.8 (C) ` 80.6 (D) ` 90
22. The rate at which a sum becomes four times of itself in 15 years at S.I. will be:
1
(A) 15% (B) 17 % (C) 20% (D) 25%
2
23. What would be the simple interest obtained on an amount of ` 5760 at the rate of
6 p.c.p.a. after 3 years?
(A) ` 1036.8 (B) ` 1057.4 (C) ` 1061.8 (D) ` 1074.3
24. A sum of ` 820 amounts to ` 861 in 1 year. The rate of interest per annum is:
(A) 3% (B) 5% (C) 6% (D) 8%
25. The rate at which a sum becomes four times of itself in 10 years is:
(A) 10% (B) 20% (C) 30% (D) 40%
7
26. A sum of money becomes of itself in 3 years at a certain rate of simple interest.
6
The rate per annum is:
5 5
(A) 5 % (B) 6 % (C) 18% (D) 25%
9 9
27. A sum becomes double in 10 years. Find the annual rate of simple interest.
(A) 5% (B) 8% (C) 10% (D) 20%
28. Find the simple interest on ` 4500 at 8% per annum for 73 days.
(A) ` 70 (B) ` 71 (C) ` 72 (D) ` 73
29. The simple interest on a certain sum for 3 years at 10% per annum is ` 829.50.
Find the sum.
(A) ` 2765 (B) ` 2815 (C) ` 2875 (D) ` 2935
196 !"#$%&'()%*%+)

8
30. A sum of money becomes of itself in 5 years at a certain rate of simple interest.
5
Find the rate of interest.
(A) 10% (B) 11% (C) 12% (D) 13%
3
31. At which sum will the simple interest at the rate of 3 % per annum be ` 210 in
4
1
2 years?
3
(A) ` 1580 (B) ` 2400 (C) ` 2800 (D) None of these
32. The simple interest at x% per annum for x years will be ` x on a sum of:
10 ! 100 !
(A) ` x (B) ` " # (C) ` 10x (D) ` " #
$ % x $ x %
33. A borrows ` 8000 at 12% per annum simple interest and B borrows ` 9100 at 10%
per annum simple interest. In how many years will their amounts be equal ?
(A) 18 (B) 20 (C) 22 (D) 24
34. A sum of money put at 11% per annum simple interest amounts to ` 10370 in
2 years. What will it amount to in 3 years at the same rate?
(A) ` 10705 (B) ` 10905 (C) ` 11305 (D) ` 11705
35. At some rate of simple interest, A lend ` 6000 to B for 2 years and ` 1500 to C
for 4 years and received ` 900 as interest from both of them together. The rate of
interest per annum was:
(A) 5% (B) 6% (C) 8% (D) 10%

ANSWERS
1. (B) 2. (D) 3. (C) 4. (C) 5. (B) 6. (D) 7. (B)
8. (C) 9. (B) 10. (C) 11. (C) 12. (B) 13. (C) 14. (C)
15. (D) 16. (B) 17. (C) 18. (A) 19. (A) 20. (D) 21. (B)
22. (C) 23. (A) 24. (B) 25. (C) 26. (A) 27. (C) 28. (C)
29. (A) 30. (C) 31. (B) 32. (D) 33. (C) 34. (C) 35. (A)

!"#$%!&'
1. Let P = ` x. Then,
A = ` 6600, S.I. = A – P = ` (6600 – x), T = 4 years and R = 8% p.a.
P & R &T x&8& 4
S.I. = ' 6600 ( x )
100 100
660000
' 660000 – 100x = 32x ' 132 x = 660000 ' x ) ) 5000.
132
Thus, required sum is ` 5000.
1 5
2. Given: P = ` 300, R = 6% p.a. , T = 2 years = years.
2 2