1. An amount of Rs.

12800 was invested by Mr Rohan, dividing it into

two different investment schemes, A and B, at a simple interest rate
of 11% and 14%. What was the amount in plan B if the amount of
interest earned in two years was Rs. 3508?

a. 1365.56
b. 1266.67
c. 1250.98
d. 1320.50

2. A lender claims to be lending at simple interest, but he adds the

interest every 6 months in the calculation of the principal. The rate of
interest charged by him is 8%. What will be the effective rate of
interest?

a. 8%
b. 4%
c. 6.25%
d. 8.16%

3. A town has a population of 20,000. The population increases by 10%

per year. What will be the population after 2 years?

a. 24000
b. 22400
c. 24200
d. 23800

4. The time required for a sum of money to amount to five times itself at
16% simple interest p.a. will be:

a. 15 years
b. 12 years
c. 28 years
d. 25 years
5. The rate of simple interest per annum at which a sum of money
doubles itself in 16⅔ years is:

a. 2%
b. 5%
c. 6%
d. 8%

6. Find the compound interest (CI) on Rs. 12,600 for 2 years at 10% per
annum compounded annually.

a. 2566
b. 2646
c. 2765
d. 2864

7. At what rate of compound interest per annum, a sum of Rs. 1200

becomes Rs. 1348.32 in 2 years?

a. 5%
b. 2%
c. 6%
d. 3%
8. Find the compound interest on Rs. 8000 at 15% per annum for 2
years 4 months, compounded annually.

a. 3109
b. 3246
c. 3319
d. 3019
9. If principal = Rs 1,00,000. rate of interest = 10% compounded half-
yearly. Find Interest for 6 months.
a. 6500
b. 5500
c. 5000
d. 4500