Amount

Q. Question 9 (a)
Find the amount to be paid at the end of 3 years in each case:
(a) Principal = Rs 1, 200 at $12\%$ p.a.

Q.

Question 17

Rajni and Mohini deposited Rs. 3000 and Rs. 4000 in a company at the rate of 10 % per annum for 3 yr and $2\frac{1}{2}yr$, respectively. The difference of the amounts received by them will be
(a) Rs. 100
(b) Rs. 1000
(c) Rs. 900
(d) Rs. 1100

Q.

Satyam took a loan of Rs. 5000 at 15% per year as rate of interest. The amount paid back by him at the end of the year is (in rupees) ___ .

Q.

Ashin invested an amount of Rs. 13, 900 divided into two different schemes A and B at the simple interest rate of 14% per annum and 11% per annum respectively. If the total amount of simple interest earned in 2 years is Rs. 3508, what was the amount invested in Scheme B (in rupees)?

___

Q. Rakesh has invested ₹18, 000 at a rate of interest of 12.5% per year. After how many years his simple interest becomes half of the principal?

1. 6
2. 3
3. 4
4. 2

Q. Ram invested ₹1500 in mutual fund at 15% interest rate per year. He will have at the end of 5 years.

1. ₹1500
2. ₹2625
3. ₹2340
4. ₹2895

Q. At what rate per cent per annum simple interest will the sum triple itself in $16$ years?

Q.

Which are the points to be considered while calculating simple interest?

Q. Mohan lent some amount of money at $9\%$ simple interest and an equal amount of money at $10\%$ simple interest each for $2$ years. If his total interest was Rs. $760$, what amount was lent in each case?

1. Rs. $1700$
2. Rs. $1800$
3. Rs. $1900$
4. Rs. $2000$

Q. Question 9 (b)
Find the amount to be paid at the end of 3 years in each case:
(b) Principal = Rs 7, 500 at $5\%$ p.a.

Q. Rajan invests an amount of Rs. $15860$ in the names of his three sons Rohan, Sohan and Mohan in such a way that they get the same amount after $2,3$ and $4$ years respectively. If the rate of simple interest is $5\%$, then the ratio of amounts invested among Rohan, Sohan and Mohan will be

1. $10:15:20$
2. $22:23:24$
3. $6:4:3$
4. $2:3:4$

Q. The simple interest on a certain sum for 14 months at 6 percent per annum is Rs.25 more than the simple interest on the same sum for 8 months at 8 percent. The sum borrowed is -

1. $Rs.1,500$
2. $Rs.1,700$
3. $Rs.2,000$
4. $Rs.2,500.$

Q.

If you want to earn $4\%$ annual simple interest on an investment, how much should you pay for a note that will be worth $\$18,500$ in $10$ months?

Q.

Satyam took a loan of Rs. 5000 at 15% per year as rate of interest. The amount paid back by him at the end of the year is (in rupees) ___ .

Q.

A person invested 3 times as much money at $5\%$ as he had invested at $2\%$ per annum simple interest. Further, he invested ₹6000 more at $3\%$ than he had invested at $2\%$. If the total interest from the three investments after a year is ₹ 980, then the total amount he invested is

1. ₹ 17600

2. ₹ 18000

3. ₹ 20000

4. ₹ 26000

Q. The principal is Rs. $1000$, so if you pay off Rs. $300$, the remaining Rs. $700$ left to repay is also called the

1. Interest
2. Rate
3. Principle
4. Amount

Q. Find the interest and the amount, respectively on Rs.$5,000$ at $8$% per year from ${23}^{rd}$ December $2003$ to ${29}^{th}$ July $2004$.

1. Rs $170$ and Rs.$4,950$
2. Rs.$240$ and Rs.$5,240$
3. Rs.$330$ and Rs$.7,660$
4. Rs.$290$ and Rs.$6,330$

Q. Population of a town increases at a certain rate per cent per annum. Present population of the town is 3600 and in 5 years’ time it becomes 4800. How much will it be in 10 years time ?

1. 5000
2. 6000
3. 6400
4. 7000

Q. Yuvaraj borrowed $30000$ each from two banks, for $3$ years and $5$ years respectively. Find the difference interest paid by him if the rate of interest charged by both banks is $8$% .

Q.

Kamala borrowed ₹ 26, 400 from a bank to buy a scooter at a rate of 15% interest per annum compounded yearly. What amount will she pay at the end of 2 years and 4 months to clear the loan?

1. ₹ 46659.7

2. ₹ 36659.7

3. ₹ 37545
4. ₹ 36660

Q.

What is the total in an account if Rs. 500 is deposited at 5% simple interest for 5 years?

1. Rs. 625

2. Rs. 125

3. Rs. 500

4. Rs. 6, 250

Q. A certain sum amounts to $Rs.5107.60$ in $2$ years at the rate of $13\%$ per annum the sum is

1. $Rs.4107$
2. $Rs.3107.60$
3. $Rs.4000$
4. $Rs.4110$

Q. If Akila paid an interest of ₹450 for 1 year at an interest of 4.5% per annum, find the sum of money she borrowed.

1. ₹4, 500
2. ₹5, 000
3. ₹9, 000
4. ₹10, 000

Q. What sum of money borrowed on ${14}^{th}$ june will amount to Rs $10,210.20$ on $7^{th}$ November of the same year at $5$ per cent per annum simple interest.

1. Rs.$11,110$
2. Rs.$9,015$
3. Rs.$10,010$
4. Rs.$10,520$

Q. Find the principal when the following are given.
$I=Rs20$ Rate=$2$ per annum Time=$2$ years

Q. If Meena gives an interest of Rs. $45$ for one year at $9$% rate p.a. What is the sum she has borrowed?

Q. A sum of Rs. 15500 is lent out into two parts, one at 8% and another one at 6%. If the total annual income is Rs. 1060, the money lent at 8% is

1. Rs. 6500
2. Rs. 8400
3. Rs. 7200
4. Rs. 9000

Q. You have deposited ₹ 1000 in the bank. There is a 7% interest on it every year. How much money will you have after 5 years?

1. ₹ 70
2. ₹ 1350
3. ₹ 1070
4. ₹ 350

Q.

Match each of the entries in Column I with the appropriate entries in Column II.
$\begin{array}{ccc}& & \\ \text{Column I}& & \text{Column II}\\ \text{Amount when principal = Rs.150}& \text{L.}& 0.125\\ \text{rate of Interest = 6}\%\text{per annum and period = 1yr}& & \\ & \text{M.}& 3:2\\ & \text{N.}& \text{Rs.}164\\ & \text{O.}& 3:3\\ & & \end{array}$

Q. At the end of the stipulated time period, the interest accumulated gets added to the initial principal and this total value is called, the ______.

1. Interest
2. Amount
3. Rate of Interest
4. None of these