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This section includes 7 InterviewSolutions, each offering curated multiple-choice questions to sharpen your Current Affairs knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
4000 was divided into two parts such a way that when first part was invested at 3% and the second at 5%, the whole annual interest from both the investments is Rs.144, how much was put at 3%? |
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Answer» Rs.2800 (x*3*1)/100 + [(4000 - x)*5*1]/100 = 144 |
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| 2. |
A certain sum of money lent out at simple interest amount ₹ 1380 in 3 years and ₹ 1500 in 5 years. Find the rate percent per annum. |
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Answer» 5%
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| 3. |
If the rate increases by 2% , the simple interest received on a sum of money increases by Rs. 108. If the time period is increased by 2 years, the simple interest on the same sum increases by Rs. 180 |
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Answer» DATA inadequate NA |
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| 4. |
David intvested certain amount in three different schems A, B and C with the rate of interest 10% p.a. respectively.If the total interest accrued in one year was Rs. 3200 and the amount invested i |
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Answer» RS. 5000 NA |
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| 5. |
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: |
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Answer» Rs.750 NA |
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| 6. |
An amount of money grows up to Rs 400 in 2 years and up to 560 in 3 years on compound interest. What is the rate per cent ? |
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Answer» <P> 40 % P + CI of 3 YEARS = Rs 560...........(i) |
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| 7. |
A certain amount earns simple interest of Rs. 1750 after 7 years . Had he interest been 2% more how much more interest would it have earned ? |
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Answer» Cannot be determined NA |
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| 8. |
In how many years will a sum of money doubles itself at 5% per annum on simple interest? |
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Answer»
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| 9. |
The difference between the simple interest received from two different sources on Rs. 1500 for 3 years is Rs. 13.50. The difference between their rate of interest is: |
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Answer» 0.3%
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| 10. |
In what time will Rs 500 amount to Rs 650 at 6% per annum ? |
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Answer» 5 years TIME = 1 x 100/P x R 1 = 650 - 500 = 150 |
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| 11. |
The difference between the Simple Interest and Compound Interest on a certain sum for 2 years at 15% Interest is Rs. 90. Find the Principal? |
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Answer» 4000 NA |
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| 12. |
At what rate per cent per annum will Rs 1000 amount to Rs 1728 in 3 years? The interest is compounded yearly. |
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Answer» 20 % R = 100 [(A/P)1/t - 1]% pa |
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| 13. |
If the ratio of the ages of two friends A and B is in the ratio 3 : 5 and that of B and C is 3 : 5 and the sum of their ages is 147, then how old is B? |
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Answer» 45 Years NA |
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| 14. |
An amount of Rs. 1,00,000 is invested in two types of shares. The first yields an interest of 9% per annum and the second, 11% per annum. If the total interest at the end of one year is 9 3/4 %, then |
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Answer» RS 62,500 ; Rs 37,500 NA |
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| 15. |
The difference of 13% per annum and 12% of a sum in 1 year is Rs 110.Then the sum is ? |
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Answer» RS 11000 NA |
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| 16. |
In what time a sum of money double itself at 3% per annum simple interest? |
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Answer» P = (P*3*R)/100 |
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| 17. |
The simple interest on a sum of money is 4/9 of the principal and the number of years is equal to the rate percent. Find the rate and the time? |
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Answer» 4/9 P = (P*R*R)/100 |
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| 18. |
An amount of money grows upto Rs 8000 in 2 years and upto Rs 10000 in three years on compound interest. What is the sum ? |
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Answer»
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| 19. |
Adam borrowed some money at the rate of 6% p.a. for the first two years, at the rate of 9% p.a. for the next three years , and at the rate of 14% p.a. for the period beyond five years. 1f he pays a to |
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Answer» 12000 NA |
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| 20. |
Find simple interest on Rs.6000/- at 7 ½% p.a. for 3 years? |
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Answer» Rs. 1350 P = Rs.6000/- |
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| 21. |
A certain amount of money becomes five times at the simple interest rate of 7% per annum. At what rate per cent will it become 9 times ? |
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Answer» 14 %
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| 22. |
A sum of money lent out at simple interest amounts to Rs. 720 after 2 years and to Rs. 1020 after a further period of 5 years. The sum is : |
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Answer» RS. 600 NA |
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| 23. |
Giridhar invested equal money in two schemes. Under Scheme A, the S.I rate was 15 %. and under Scheme B the C.I rate was 20%. The interest after 2 years Scheme B was Rs 45. How much interest in scheme |
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Answer» RS 30.68 Amount Invested in Scheme B |
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| 24. |
The simple interest on a certain sum of money at the rate of 5% p.a. for 8 years is Rs. 840. At what rate of interest the same amount of interest can be received on the same sum after 5 years ? |
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Answer» 8%
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| 25. |
Swati invests an amount of Rs 3600 for three years at the reat of 6% per annum. What approximate amount of compound interest will she obtain at the end of three year |
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Answer» A = P[1 + R/100]t |
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| 26. |
A person invested some amount at the rate of 12% simple interest and a certain amount at the rate of 10% simple interest. He received yearly interest of Rs. 130. But if he had interchanged the amounts |
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Answer» RS. 500 NA |
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| 27. |
The simple interest on a sum of money will be Rs. 600 after 10 years . If the principal is trebled after 5 years. what will be the total interest at the end of he tenth year ? |
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Answer» RS. 1200 NA |
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| 28. |
The simple interest on a sum of money will be Rs. 1760 after eight years. If the principal is doubled after three years, what will be the total interest at the end of eight years ? |
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Answer» RS. 2860 Rs. 2860 |
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| 29. |
A sum of money at simple interest amounts to Rs. 815 in 3 years and to Rs. 854 in 4 years. The sum is? |
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Answer» S.I. for 1 YEAR = (854 - 815) = RS. 39 S.I. for 3 years = 39 * 3 = Rs. 117 Principal = (815 - 117) = Rs. 698. |
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| 30. |
A sapphire ring with a marked price of $1800 is offered to the purchaser on the following terms: $200 deposit and the balance to be paid over 24 equal monthly instalments with interest charged at 11.5 |
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Answer» $82 NA |
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| 31. |
At what rate of interest, a sum of Rs. 15000 will be Rs. 17625 in 5 years? |
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Answer» 3.5 %
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| 32. |
The simple interest on a sum of money is 4/9 of the principal .Find the rate percent and time, if both are numerically equal. |
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Answer» 20/3%, 6Y 8M NA |
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| 33. |
Namrata deposited Rs. 8,000 which amounted 9200 after 3 years at S.I. had the interest been 2% more, she would get how much? |
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Answer» 9680 NA |
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| 34. |
A sum of money at simple interest amounts to Rs. 815 in 3 years and to Rs. 854 in 4 years. The sum is: |
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Answer» 698 Rs. |
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| 35. |
An automobile financier claims to be lending money at simple interest, but he includesthe interest every six months for calculating the principal. If he is charging an interest of10%, the effective ra |
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Answer» 10.25%
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| 36. |
A sum of money at simple interest amounts to Rs. 2240 in 2 years and to Rs. 2600 in 5 years. What is the principal amount |
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Answer» 2000 NA |
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| 37. |
At what rate percent of simple interest will a sum of money double itself in 12 years? |
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Answer» 8 1/2 % Let sum = X. Then, S.I. = x. Rate = (100 * S.I.) / (P * T) = (100 * x) / (x * 12) = 25/3 = 8 1/3 % |
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| 38. |
Sumit lent some money to Mohit at 5% per annum simple interest. Mohit lent the entire amount to Birju on the same day at 8(1/2)% per annum. In this transaction after a year Mohit earned a profit of Rs |
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Answer» RS. 10,000 NA |
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| 39. |
If a certain sum of money becomes doubles at simple interest in 12 years, what would be the rate of interest per annum? |
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Answer» 8(1/3)
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| 41. |
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 di |
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Answer» 247.67 NA |
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| 42. |
At what rate percent per annum will a sum of money double in 8 yr? |
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Answer» 12.5 %
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| 43. |
The sum lent at 5% per annum (i.e. 365 days) simple interest, that produces interest, of ₹ 2.00 a day, is |
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Answer» 14600 NA |
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| 44. |
A person takes a loan of 200 at 5% simple interest. He returns 100 at the end of 1 year. In order to clear his dues at the end of 2 years, he would pay: |
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Answer» 115
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| 45. |
If the simple interest on Rs. 2000 is less than the Simple Interest on Rs. 3000 at 5% by Rs. 50, find the time. |
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Answer» 1 year NA |
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| 46. |
A certain sum of money amounts to ₹ 720 in 2 years and ₹ 870 in 4.5 years. Find the sum and the rate of interest. |
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Answer»
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| 47. |
A sum of money becomes 7/4 of itself in 6 years at a certain rate of simple interest. Find the rate of interest. |
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Answer» 12(1/2)%
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| 48. |
Simple interest on a certain sum 16/25 of the sum. if both the rate of interest and time are same. then what is the rate of interest? |
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Answer» 8%
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| 49. |
A sum of Rs. 10 is given as a loan to be returned in 6 monthly installments at Rs.3. What is the rate of interest? |
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Answer» 640%
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| 50. |
A sum of Rs.1550 was lent partly at 5% and partly at 8% p.a. simple interest. The total interest recieved after 3 years was Rs. 300. The ratio of the money lent at 5% to that lent at 8% is : |
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Answer» 16 : 15 NA |
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