A.I and III only
B.II and III only
C.I and II only
D.I and III only, or II and III only
E.Any two of the three
Show AnswerAnswer=Option E
Simple Interest
What is the rate of simple interest? I. The total interest earned was Rs. 4000. II. The sum was invested for 4 years.
A.I alone sufficient while II alone not sufficient to answer
B.II alone sufficient while I alone not sufficient to answer
C.Either I or II alone sufficient to answer
D.Both I and II are not sufficient to answer
E.Both I and II are necessary to answer
Show AnswerAnswer=Option D
What percentage of simple interest per annum did Anand pay to Deepak? I. Anand borrowed Rs. 8000 from Deepak for four years. II. Anand returned Rs. 8800 to Deepak at the end of two years and settled the loan.
A.I alone sufficient while II alone not sufficient to answer
B.II alone sufficient while I alone not sufficient to answer
C.Either I or II alone sufficient to answer
D.Both I and II are not sufficient to answer
E.Both I and II are necessary to answer
Show AnswerAnswer=Option E
What is the sum which earned interest? I. The total simple interest was Rs. 7000 after 7 years. II. The total of sum and simple interest was double of the sum after 5 years.
A.I alone sufficient while II alone not sufficient to answer
B.II alone sufficient while I alone not sufficient to answer
C.Either I or II alone sufficient to answer
D.Both I and II are not sufficient to answer
E.Both I and II are necessary to answer
Show AnswerAnswer=Option E
The simple interest on a sum of money is Rs. 50. What is the sum? I. The interest rate is 10% p.a. II. The sum earned simple interest in 10 years.
A.I alone sufficient while II alone not sufficient to answer
B.II alone sufficient while I alone not sufficient to answer
C.Either I or II alone sufficient to answer
D.Both I and II are not sufficient to answer
E.Both I and II are necessary to answer
Show AnswerAnswer=Option E
A person borrows Rs. 5000 for 2 years at 4% p.a. simple interest. He immediately lends it to another person at 6% p.a for 2 years. Find his gain in the transaction per year.
A.Rs. 112.50
B.Rs. 125
C.Rs. 225
D.Rs. 167.50
Show AnswerAnswer=Option A
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______?
A.Rs. 35
B.Rs. 245
C.Rs. 350
D.Cannot be determined
E.None of these
Show AnswerAnswer=Option D
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.1 : 3
B.1 : 4
C.2 : 3
D.Data inadequate
E.None of these
Show AnswerAnswer=Option C
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:
A.5%
B.8%
C.12%
D.15%
Show AnswerAnswer=Option C
A man took 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:
A.Rs. 2000
B.Rs. 10,000
C.Rs. 15,000
D.Rs. 20,000
Show AnswerAnswer=Option C