QUESTIONS PALETTE

04

Minutes

59

Seconds

FM1

Q. 1.How much time will take for an amount of Rs. 450 to yield Rs. 81 as interest at 4.5% per annum of simple interest ?

Q. 2.A person borrows Rs. 5000 for 2 years at 4% p.a. simple interest. He immediately lends it to another person at 6 1/4 p.a for 2 years. Find his gain in the transaction per year

Q. 3.In how many years will a sum of Rs.800 at 10% per annum compounded semi annually become Rs.926.10

Q. 4.Simple interest on a certain sum is 16/25 of the sum. Find the rate percent and time, If both are numerically equal.

Q. 5.A sum was put at simple interest at a certain rate for 3 years. Had it been put at 2% higher rate, it would have fetched Rs 360 more. Find the sum.

Q. 6.A sum of Rs.1550 was lent partly at 8% p.a. simple interest. The total interest received after 3 years was Rs.300. The ratio of the money lent at 5% to that lent at 8% is :

Q. 7.A certain amount earns simple interest of Rs. 1750 after 7 years. Had the interest been 2% more, how much more interest would it have earned?

Q. 8.A sum of Rs. 725 is lent in the beginning of a year at a certain rate of interest. After 8 months, a sum of Rs. 362.50 more is lent but at the rate twice the former. At the end of the year, Rs. 33.50 is earned as interest from both the loans. What was the original rate of interest?

Q. 9.Find: S.l. on Rs 6250 at 14% per annum for 146 days.

Q. 10.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?

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