57 questions asked across 4 exam years, newest first
If ₹1,875 becomes ₹2,625 in 4 years, what will ₹24,000 become at the end of 9 years at the same rate of interest, under simple interest?
Answer: C
The simple interest on a sum for 6 years is three-fifth of the sum. The rate of interest per annum is:
Answer: C
A cell phone is available for Rs.600 or for Rs.300 cash down payment together with Rs.360 to be paid after two months. Find the rate of interest charged under this scheme.
Answer: C
A sum of ₹1,456, when invested for ten years, amounts to ₹2,366 on maturity. Find the rate of simple interest per annum that was to be paid on the sum invested.
Answer: B
The following table shows the expenditures (in thousands of rupees) of a company in different categories from 2015 to 2019. Year Salary Fuel and Transport Bonus Interest on loans Taxes 2015 288 98 3 23.4 83 2016 343 112 2.52 32.5 108 2017 324 101 3.84 41.6 74 2018 336 133 3.68 36.4 88 2019 420 142 3.96 49.6 98 What is the average amount (in ₹) paid by the company on fuel and transport per year from 2015 to 2019?
Answer: B
What is the rate of interest per annum for simple interest at which ₹1,040 amounts to ₹1,230 in years?
Answer: C
The following table shows the expenditure of a factory (in ₹ lakh) per annum on different heads over the given years. Year/Expenditure Head Salary Transport Bonus Loan Interest 1998 125 38 8 25 1999 135 45 18 37 2000 149 57 37 39 2001 153 63 50 43 What was the average expenditure (in ₹ lakh) on transport per year that the factory had to pay during the given period?
Answer: A
A certain sum of money becomes seven times itself when invested at a certain rate of simple interest, in 14 years. How much time (in years, rounded off to 2 decimal places) will it take to become 18 times itself at the same rate?
Answer: D
A person borrowed some money on simple interest. After 4 years, he returned of the money to lender. What was the rate of interest?
Answer: D
