Simple Interest MCQ Set 4
SIMPLE INTEREST MCQ SET 4
1. The simple interest in a certain time at 6.15% per annum on a sum of Rs.6000 is Rs.200 . What will be the simple interest on Rs.6000 for the same period at the triple rate?
(a)Rs.100
(b)Rs.600
(c)Rs.200
(d)Rs.500
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Answer: B
2. At a fixed simple interest rate , the amount of Rs.500 becomes Rs.600 in 2 years . If the rate of interest is halved , then what will be the amount of Rs.500 in 2 years ?
(a)Rs.500
(b)Rs.520
(c)Rs.560
(d)Rs.550
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Answer: D
3. The simple interest at the end of 3 year at r% per annum on a sum of Rs.25000 to Rs.1000 . What will be the simple interest on the same sum for 3 year at the same rate ?
(a)Rs.1000
(b)Rs.6000
(c)Rs.2000
(d)Rs.500
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Answer: C
4. The simple interest at the end of 3.54 year at r% per annum on a sum of Rs.4000 in Rs.100 . What will be the simple interest on the same sum for 7.08 year at the same rate ?
(a)Rs.100
(b)Rs.600
(c)Rs.200
(d)Rs.500
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Answer: C
5. The simple interest at the end of t year at r% per annum on a sum of Rs. P is Rs.100 . What will be the simple interest on the same sum for 3t year at the 2r% rate ?
(a)Rs.100
(b)Rs.600
(c)Rs.200
(d)Rs.500
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Answer: B
6. The simple interest at the end of t year at r% per annum on a sum of Rs. P is Rs.60 . What will be the simple interest on the same sum for 5t year at the r/3% rate?
(a)Rs.100
(b)Rs.600
(c)Rs.200
(d)Rs.500
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Answer: A
7. The simple interest at the end of t year at r% per annum on a sum of Rs. P is Rs.80 . What will be the simple interest on double the sum for t/4 years at the 3r% rate ?
(a)Rs.160
(b)Rs.480
(c)Rs.120
(d)Rs.3200
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Answer: C
8. The simple interest at the end of 3t year at r% per annum on a sum of Rs 2P is Rs.100 . What will be the simple interest on the 3P for 5T years at the 3r% rate ?
(a)Rs.160
(b)Rs.480
(c)Rs.120
(d)N.O.T
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Answer: D
9. In how many years will the simple interest on a sum of money be equal to the principal at rate of 12.5% p.a. ?
(a)6
(b)8
(c)2
(d)10
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Answer: B
10. In how many years will the simple interest on a sum of money be equal to the double of the principal at rate of 12.5% p.a.?
(a)4
(b)8
(c)16
(d)10
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Answer: C