Aptitude Logical Reasoning Simple Interest 2023 NET, IAS, State-SET (KSET, WBSET, MPSET, etc.), GATE, CUET, Olympiads etc. Part 10
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1. On a certain sum, the simple interest at the end of years becomes of the sum. What is the rate percent per annum?
A.
B.
C.
D.
Answer: C
2. With a given rate of simple interest the ratio of the principle and amount for a certain period of time is . After 3 years with the same rate of interest to the ratio of the principle and amount becomes . The ratio of interest per annum is?
A.
B.
C.
D.
Answer: B
3. ₹ 1000 is invested at p. a simple interest if the interest is added to the principle after every 10 years. The amount will become ₹ 2000 After
A. 15 years
B. years
C. 18 years
D. 20 Years
Answer: B
4. A sum of money amounts to ₹ 9800 after 5 years and ₹ 12005 after 8 years at the same rate of simple interest. The rate of interest per annum is:
A.
B.
C.
D.
Answer: C
5. 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?
A.
B.
C.
D. Data inadequate
Answer: C
6. A certain amount earns simple interest of ₹ 1750 after 7 years. Had the interest been more, how much more interest would it have earned?
A. ₹ 35
B. ₹ 245
C. ₹ 350
D. Cannot be determined
Answer: D
7. A person borrows ₹ 5000 for 2 years at p. a. simple interest. He immediately lends it to another person at 6p. a for 2 years. Find his gain in the transaction per year.
A. ₹
B. ₹ 125
C. ₹ 150
D. ₹
Answer: A
8. Simple interest on a certain sum at a certain annual rate of interest is of the sum. If the numbers representing rate percent and time in years be equal, then the rate of interest is:
A. 5
B. 8
C.
D.
Answer: C