Multiple-choice Quiz
Q1: A sum at simple interests at 13 ½ % per annum amounts to Rs.2502.50 after 4 years find the sum.
1750
1625
1550
Q2: A sum of Rs. 800 amounts to Rs. 920 in 8 years at simple interest. interest rate is increased by 8%, it would amount to bow much ?
892
1092
992
Q3: A certain sum of money amounts to Rs. 1008 in 2 years and to Rs.1164 in 3 ½ years. Find the sum and rate of interests.
900 and 13 %
800 and 13 %
850 and 14 %
Q4: At what rate percent per annum will a sum of money double in 16 years.
6 ¼ % p.a.
7 ¼ % p.a.
8 ¼ % p.a.
Q5: The simple interest on a sum of money is 4/9 of the principal .Find the rate percent and time, if both are numerically equal.
5 years 6 months
6 years 8 months
7 year 8 months