Q1. A man invested Rs. 9600 in two equal parts on SI for T years and (T + 2) years at the rates of 12.5% p.a and 16% p.a respectively. If the man got a total interest of Rs. 4272, then find the value of T.
(a) 1 years
(b) 3 years
(c) 1.5 years
(d) 2.5 years
(e) 2 years
Q2. Veer invested Rs. P at the rate of 15% p.a and Rs. (P + 800) at the rate of 8.5% p.a. If veer gets a total simple Interest of Rs. 4836 after two years, then find the value of (P + 800).
(a) 9600 Rs.
(b) 10400 Rs.
(c) 10800 Rs.
(d) 11800 Rs.
(e) 12600 Rs.
Q3. A man invested Rs. 8500 on SI at the rate of R% per annum. If ratio between rate of interest and time period is 4 : 1 and total interest received is Rs. 1360 then find the time for which the man invested his sum?
(a) 1.5 years
(b) 2.5 years
(c) 3 years
(d) 4 years
(e) 2 years
Q4. Mr. Adarsh invested certain principal sum on SI and got 34% more amount after four years. Find the rate for which Adarsh invested his sum?
(a) 12.5 %
(b) 8.5 %
(c) 10 %
(d) 8 %
(e) 12%
Q5. A man invested his total saving into three different banks namely SBI, UBI and BOB in the ratio of 2 : 1 : 2 for two years. Rate of simple interest offered by SBI is 20%, UBI is 16% and BOB is 12%. If the simple interest received from SBI is Rs. 672 more than interest received from BOB. Find total interest received by the man from UBI after two years.
(a) 576 Rs.
(b) 484 Rs.
(c) 672 Rs.
(d) 556 Rs.
(e) 772 Rs.
Solutions (1-5):
Q6. Abhishek borrowed Rs. 12600 from Satish on SI at the rate of 15% per annum. If Abhishek paid back Rs. 6380 at the end of second year, find how much amount Abhishek will pay to Satish at the end of next two years?
(a) 12800 Rs.
(b) 10500 Rs.
(c) 13000 Rs.
(d) 13800 Rs.
(e) 14600 Rs.
Q7. Mayank invested Rs 17500 in a scheme P which offered simple interest at the rate of R% for two years. After two years he withdrew the principle amount plus interest and invested the entire amount in another scheme Q, which offers simple interest at the rate of 20% for two years. If he got total interest of Rs 8680 after two years, find value of R?
(a) 10 %
(b) 15%
(c) 12%
(d) 20%
(e) 17.5%
Q8. Ritu invested Rs. 16200 at the rate of R% per annum on SI. If she got a total amount of Rs 25920 at the end of four years, then what amount will Ritu get after two years, if rate of interest increased by 5%?
(a) 22800 Rs.
(b) 22000 Rs.
(c) 22680 Rs.
(d) 24000 Rs.
(e) 21500 Rs.
Q9. A certain sum amounted to Rs. 12320 in eight years at the rate of 5% per annum. If rate and amount increases by 3% and Rs. 3200 respectively, then find how much will the amount become after 10 years?
(a) 20000 Rs.
(b) 18500 Rs.
(c) 16500 Rs.
(d) 21600 Rs.
(e) 20600 Rs.
Q10. Out of a certain sum, 1/3rd of sum is invested at 5% p.a. Of the remaining ,1/6 th is invested at 8% p.a. and remaining amount is invested equally in two parts at 10% p.a and 12%p.a. If all parts were invested for two years on simple interest and a total interest of Rs. 1404 was received at the end of two years, find original sum?
(a) 6400 Rs.
(b) 7200 Rs.
(c) 7800 Rs.
(d) 8100 Rs.
(e) 8800 Rs.
Solutions (6-10):
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