Also Read Similar Questions Below : Rs.6000 ⇒ A sum of Rs. 14,000 amounts to Rs. 22,400 in 12 years at the rate of simple interest. What is the rate of interest?7%6%4% 5% ⇒ An automobile financier claims to be lending money at simple interest, but he includes the interest every six months for calculating the principal. If he is charging an interest of 10%, the effective rate of interest becomes :10%10.25%10.50% None of these ⇒ If the simple interest on a certain sum of money after 3 1⁄8 years is 1⁄4 of the principal, what is the rate of interest per annum?6%4%8% 12% ⇒ A man invests a certain sum of money at 6% per annum simple interest and another sum at 7% per annum simple interest. His income from interest after 2 years was Rs. 354. One-forth of the first sum is equal to one-fifth of the second sum. The total sum invested was :Rs.3100Rs.2700Rs.2200 Rs.1800 ⇒ A man borrowed Rs 24000 from two money lenders. For one loan, he paid 15% per annum and for the other 18% per annum. At the end of one year, he paid Rs 4050. How much did he borrow at each rate ? Rs.16000Rs.12000Rs.15000 Rs.13000 ⇒ A sum of money amounts to Rs. 9800 after 5 years and Rs. 12005 after 8 years at the same rate of simple interest. The rate of interest per annum is: (BANK PO)5%8%12% 15% ⇒ A man took a loan from a bank at the rate of 12% p.a. simple interest. After 3 years he had to pay Rs. 5400 interest only for the period. The principal amount borrowed by him was :Rs. 2000Rs. 10,000Rs. 15,000 Rs. 20,000 ⇒ Reena took a loan of Rs. 1200 with simple interest for as many years as the rate of interest. If she paid Rs. 432 as interest at the end of the loan period, what was the rate of interest ?3.6618 Cannot be determined ⇒ A sum of Rs. 2500 amounts to Rs. 3875 in 4 years at the rate of simple interest. What is the rate of interest?12.25%12%6% 13.75% ⇒ A sum of money invested for a certain number of years at 8% p.a. simple interest grows to Rs.180. The same sum of money invested for the same number of years at 4% p.a. simple interest grows to Rs.120 only. For how many years was the sum invested? (BANK PO)25 years15 years20 years 22 years ⇒ A certain sum in invested for T years. It amounts to Rs. 400 at 10% per annum. But when invested at 4% per annum, it amounts to Rs. 200. Find the time (T).45 years60 years40 years 50 Years ⇒ A sum of money at simple interest amounts to Rs. 815 in 3 years and to Rs. 854 in 4 years. The sum is :Rs. 700Rs. 690Rs. 650 Rs. 698 ⇒ The simple interest on Rs.500 at 6% per annum from May 3rd to July 15th in the same year isRs.8Rs.6Rs.4 Rs.9 ⇒ How long will it take for a sum of money to grow from Rs.1250 to Rs.10,000, if it is invested at 12.5% p.a simple interest? (BANK PO)65 years56 years45 years 57 years ⇒ A father left a will of Rs.35 lakhs between his two daughters aged 8.5 and 16 such that they may get equal amounts when each of them reach the age of 21 years. The original amount of Rs.35 lakhs has been instructed to be invested at 10% p.a. simple interest. How much did the elder daughter get at the time of the will? (BANK PO)17.5 lakhs21 lakhs15 lakhs 20 lakhs ⇒ What is the present worth of Rs. 132 due in 2 years at 5% simple interest per annum ?Rs. 112Rs. 118.80Rs. 120 Rs. 122 ⇒ Mr. Thomas invested an amount of Rs. 13,900 divided in two different schemes A and B at the simple interest rate of 14% p.a. and 11% p.a. respectively. If the total amount of simple interest earned in 2 years be Rs. 3508, what was the amount invested in Scheme B?Rs. 6400Rs. 6500Rs. 7200 Rs. 7500 ⇒ What will be the ratio of simple interest earned by certain amount at the same rate of interest for 6 years and that for 9 years ? 1 : 3 1 : 4 2 : 3 Data inadequate ⇒ A lent Rs. 5000 to B for 2 years and Rs. 3000 to C for 4 years on simple interest at the same rate of interest and received Rs. 2200 in all from both of them as interest. The rate of interest per annum is:5%7%10% 6% ⇒ If simple interest on a certain sum of money for 8 years at 4% per annum is same as the simple interest on Rs. 560 for 8 years at the rate of 12% per annum then the sum of money isRs.1820Rs.1040Rs.1120 Rs.1680 ⇒ A car is purchased on hire-purchase. The cash price is $21 000 and the terms are a depositof 10% of the price, then the balance to be paid off over 60 equal monthly instalments.Interest is charged at 12% p.a. What is the monthly instalment?$503$504$505 $506 ⇒ A sum was put a simple interest at a certain rate for 2 years. Had it been put at 4% higher rate, it would have fetched Rs. 60 more. The sum is:Rs.750Rs.700Rs.940 Rs.820 ⇒ A sum was put a simple interest at a certain rate for 2 years. Had it been put at 4% higher rate, it would have fetched Rs. 60 more. The sum is:Rs.750Rs.700Rs.820 Rs.940 ⇒ If A lends Rs. 3500 to B at 10% p.a. and B lends the same sum to C at 11.5% p.a., then the gain of B (in Rs.) in a period of 3 years is:. [Clerk 1993]107.50157.50115.50 177.50 ⇒ Rs. 800 amounts to Rs. 920 in 3 years at simple interest. If the interest rate is increased by 3%, it would amount to how much ?. [Bank PO 1991]Rs. 992Rs. 1112Rs. 1056 Rs. 1182 ⇒ Mr. Mani invested an amount of Rs. 12000 at the simple interest rate of 10% per annum and another amount at the simple interest rate of 20% per annum. The total interest earned at the end of one year on the total amount invested became 14% per annum. Find the total amount invested.Rs. 25000Rs. 15000Rs. 10000 Rs. 20000 ⇒ A merchant receives an invoice for a motor boat for $20 000 with terms 4/30, n/100. What is the highest simple interest rate at which he can afford to borrow money in order to take advantage of the discount?247.67237.67227.67 215.67 ⇒ A sum fetched a total simple interest of Rs. 929.20 at the rate of 8 p.c.p.a. in 5 years. What is the sum?Rs. 1223Rs. 2323Rs. 2563 Rs. 2353 ⇒ If the simple interest on a certain sum of money for 4 years is one–fifth of the sum, then the rate of interest per annum is4%7%6% 5% SSC MTS Final Result , Cut Off declared on 15th October 2022. This is with reference to the 2020 examination. Earlier, the SSC MTS Result was announced for Paper of the 2021 cycle was declared and the examination for the same was held from 5th July to 26th July 2022. The candidates who are qualified in the SSC MTS Paper I are eligible for the Paper II, the paper II will be held on 6th November 2022. 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Discussion :: Simple Interest - General Questions (Q.No.4)
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