Sreedhar’s CCE SIMPLE INTEREST

SIMPLE INTEREST
1. Simple interest on Rs. 1500 at 5% per annum for 2 years in
1) Rs. 100 2) Rs. 125 3) Rs. 150 4) Rs. 175 5) None
2. Find simple interest on Rs. 4500 at 18% p.a. for 219 days is
1) Rs. 790 2) Rs. 648 3) Rs. 486 4) Rs. 468 5) None
3. If simple interest on a certain sum at 4% p.a. for 4 years is Rs. 80. the sum is
1) Rs. 320 2) Rs. 400 3) Rs. 500 4) Rs. 600 5) None
1
4. Find the sum wich becomes Rs. 2700 after 3 years at 10% p.a. simple interest ?
2

r’s
1) Rs.1800 2) Rs.2000 3) Rs. 2500 4) Rs. 1500 5) None
5. Rs.16,450 becomes Rs.20,398 in 3 years at a certain rate of simple interest. If the
rate of interest is increased by 6%. what would be the simple interest accrued on
Rs. 16,450 in 3 years ?
1) Rs.6547 2) Rs.7221 3) Rs.6909 4) Rs.5883 5) Rs.7139
6. The simple interest obtained by investing a certain sum of money for 12 years in
ha
Scheme A is same as the simple interest obtained when the same sum of money
is invested in a different Scheme B offering 10% rate of interest pa. for 10 years.
What is the rate of interest (p.c.p a.) offered by Scheme A ?
1 2 1
1) 10 2) 8
3

E 3) 7
3
4) 12
1
5) 9
3
d
7. The simple interest on a certain sum of money is 16 of the sum. Find the rate of
1
interest, if the time period for which the simple interest is calculated is of the
ee

4
rate of interest ?
1) 5 2) 7 3) 4.5 4) 6.25 5) 2.5
8. At what rate percent of S.I. per annum will a sum of money double it self in 8 years.
1) 8% 2) 10% 3) 12.5% 4) 15% 5) None
C
9. In how many years will a sum of money double at 12% p.a.
1) 6 years 9 months 2) 8 years 3 months 3) 7 years 6 months
Sr

4) 8 years 4 months 5) None

10. A certain sum of money at a certain rate of simple interest becomes doubles in 10
years. If will become three time in
1
1) 20y 2) 15y 3) 10y 4) 7 y 5) None
2
11. A certain sum of money amounts to Rs. 600 in 2 year and Rs. 700 in 4 years at a
certain rate of simple interst. Find the rate of interest
1) 5% 2) 8% 3) 10% 4) 16% 5) None
C
12. A sum was put at S.I. at a certain rate for 4 years. Had if been put at 2% p.a.
higher rate, it would have fetched Rs. 56 more. Find the sum ?
1) Rs. 700 2) Rs. 750 3) Rs. 800 4) Rs. 1600 5) None
13. A sum of Rs 1,550 is lent out into two parts one at 8% and another at 6%. If the
total annual income is Rs. 106. The money lent at 8% is
1) Rs. 900 2) Rs. 840 3) Rs. 720 4) Rs. 650 5) None
14. A sum of Rs. 2600 is lent out in two parts in such that the interest on one part at
10% for 5 years is equal to that of another part at 9% for 6 years. The sum lent
out at 10% is :
1) Rs. 1250 2) Rs. 1350 3) Rs. 1150 4) Rs. 1450 5) None
15. Rs. 1200 amounts to Rs. 1632 in 4 years at a certain rate of simple interest. If the
rate of interest is increased by 1% it would amount to how much ?
1) Rs. 1635 2) Rs. 1644 3) Rs. 1670 4) Rs. 1680 5) None
KEY
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