Loan

Q.

What is the difference between a debenture and a loan?

Q. Ajay took a loan of Rs. 70, 000 and after a year he has to pay the bank an amount of ₹ 81, 345. How much interest is he paying to the bank?

1. Rs. 10, 345
2. Rs. 10, 435
3. Rs. 11, 435
4. Rs. 11, 345

Q. Richa's friend wanted to buy a cooler costing ₹ 10000. Richa lent her ₹ 6000 for a month. How much money her friend was having with her?

1. ₹ 8000
2. ₹ 6000
3. ₹ 10000
4. ₹ 4000

Q. If a boy wants to buy a toy worth ₹ 200 and he has 16 notes of ₹ 10, then how much loan he needs to take from his friends?

1. ₹ 30
2. ₹ 100
3. ₹ 60
4. ₹ 40

Q. Sami bought a vaccum cleaner for ₹ 4500. He had ₹ 2800 in his account. How much money did he borrow?

1. ₹ 1600
2. ₹ 2700
3. ₹ 2800
4. ₹ 1700

Q. How much is the loan in total if Rishi gave you 500 dollars and Richa gave you 150 dollars?

1. 650 dollars
2. 150 dollars
3. 360 dollars
4. 500 dollars

Q. Deepak bought a piano for ₹60, 000 and sold it for ₹72000. Find the profit (in ₹).

1. 12000

Q. Ajit borrows a sum of ₹ 200 from firm A and ₹ 300 from firm B. Find the total loan he took.

1. ₹ 200
2. ₹ 300
3. ₹ 500
4. ₹ 100

Q. Find the total loan Sam should take to buy a house worth 50 lakhs rupees if he has ₹ 4264000 in his bank account.

1. ₹ 800000
2. ₹ 1736000
3. ₹ 736000
4. ₹ 632000

Q. If you have 30 lakhs with you for the expenditure of buying house, then how much loan will you take to buy a house costing 20 lakhs?

1. 10 lakhs
2. 20 lakhs
3. No loan required
4. 50 lakhs

Q. Ridhima took a loan of ₹ 220 to buy a dress costing ₹ 1800. How much money she had in her purse?

1. ₹ 2020
2. ₹ 1580
3. ₹ 1800
4. ₹ 220

Q. Estimate the total expense of a man for the month of November if he spends ₹ 60 on food, and ₹ 80 on petrol everyday.

1. ₹ 1200
2. ₹ 2400
3. ₹ 1600
4. ₹ 4200

Q. Venkata gave some money to Srini for a month. He is a _____ in this transaction.

1. banker
2. receiver
3. borrower
4. lender

Q. How much money could be collected if 22 such burgers were sold in an hour?

1. ₹980​
2. ₹1080​
3. ₹990​
4. ₹900​

Q. State with reason whether the following statement is true or false:
Correspondence with depositors is limited.

1. True
2. False

Q. A mototrcycle costs ₹ 70000. Rishi has ₹ 30500 with him. How much money he should ask for a loan to buy the motorcycle?

1. ₹ 30500
2. ₹ 39500
3. ₹ 20000
4. ₹ 49500

Q. Sheenu borrowed ₹60, 000 from the bank. She paid ₹extra If she paid back ₹13, 000 monthly, for 5 months.

Q. How much money could be collected if 22 such burgers were sold in an hour?

1. ₹980​
2. ₹1080​
3. ₹990​
4. ₹900​