8-Comparing Quantities Web
8-Comparing Quantities Web
15 5 2
a)5 17 % loss b)5 17 % gain c)6 3 % gain d)None of
these
45. A trader mixes 26 kg of rice at Rs. 20 per kg with 30 kg of rice of other
variety at Rs. 36 per kg and sells the mixture at Rs. 30 per kg. His profit
percent is:
a)No profit, no loss b)5% c)8% d)10%
e)None of these.
46.A sum of money at simple interest amounts to Rs. 815 in 3 years and to
Rs. 854 in 4 years. The sum is:
a)Rs. 650 b)Rs. 690 c)Rs. 698 d)Rs. 700
47. Mr. Thomas invested an amount of Rs. 13,900 divided in two different
schemes A and B at the simple interest rate of 14% p.a. and 11% p.a.
respectively. If the total amount of simple interest earned in 2 years be
Rs. 3508, what was the amount invested in Scheme B?
a)Rs. 6400 b)Rs. 6500 c)Rs. 7200 d)Rs. 7500
e)None of these
48.A sum fetched a total simple interest of Rs. 4016.25 at the rate of 9
p.c.p.a. in 5 years. What is the sum?
a)Rs. 4462.50 b)Rs. 8032.50 c)Rs. 8900 d)Rs. 8925
e)None of these
49.How much time will it take for an amount of Rs. 450 to yield Rs. 81 as
interest at 4.5% per annum of simple interest?
a)3.5 years b)4 years c)4.5 years d)5 years
50. Reena took a loan of Rs. 1200 with simple interest for as many years as
the rate of interest. If she paid Rs. 432 as interest at the end of the loan
period, what was the rate of interest?
a)3.6 b)6 c)18
d)Cannot be determined e)None of these
51.A sum of Rs. 12,500 amounts to Rs. 15,500 in 4 years at the rate of
simple interest. What is the rate of interest?
a)3% b)4% c)5% d)6% e)None
of these
52. An automobile financier claims to be lending money at simple interest,
but he includes the interest every six months for calculating the principal.
If he is charging an interest of 10%, the effective rate of interest becomes:
a)10% b)10.25% c)10.5% d)None of these
53.A lent Rs. 5000 to B for 2 years and Rs. 3000 to C for 4 years on simple
interest at the same rate of interest and received Rs. 2200 in all from both
of them as interest. The rate of interest per annum is:
1
a)5% b)7% c)7 8 d)10%
54.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?
a)3.6% b)4.5% c)5% d)None of these
55.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
56.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%
57. 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
58. 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
59. 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
60.A bank offers 5% compound interest calculated on half-yearly basis. A
customer deposits Rs. 1600 each on 1st January and 1st July of a year. At
the end of the year, the amount he would have gained by way of interest
is:
a)Rs. 120 b)Rs. 121 c)Rs. 122 d)Rs. 123
61.The difference between simple and compound interests compounded
annually on a certain sum of money for 2 years at 4% per annum is Re. 1.
The sum (in Rs.) is:
a)625 b)630 c)640 d)650
62.There is 60% increase in an amount in 6 years at simple interest. What
will be the compound interest of Rs. 12,000 after 3 years at the same
rate?
a)Rs. 2160 b)Rs. 3120 c)Rs. 3972
d)Rs. 6240 e).None of these
63.What is the difference between the compound interests on Rs. 5000 for
1 years at 4% per annum compounded yearly and half-yearly?
a)Rs. 2.04 b)Rs. 3.06 c)Rs. 4.80 d)Rs. 8.30
64.The compound interest on Rs. 30,000 at 7% per annum is Rs. 4347. The
period (in years) is:
1
a)2 b)2 2 c)3 d)4
65.What will be the compound interest on a sum of Rs. 25,000 after 3 years
at the rate of 12 p.c.p.a.?
a)Rs. 9000.30 b)Rs. 9720 c)Rs. 10123.20
d)Rs. 10483.20 e)None of these
66.At what rate of compound interest per annum will a sum of Rs. 1200
become Rs. 1348.32 in 2 years?
a)6% b)6.5% c)7% d)7.5%
67. The least number of complete years in which a sum of money put out at
20% compound interest will be more than doubled is:
a)3 b)4 c)5 d)6
68.Albert invested an amount of Rs. 8000 in a fixed deposit scheme for
2 years at compound interest rate 5 p.c.p.a. How much amount will Albert
get on maturity of the fixed deposit?
a)Rs. 8600 b)Rs. 8620 c)Rs. 8820 d)None of these
69.The effective annual rate of interest corresponding to a nominal rate of
6%
per annum payable half-yearly is:
a)6.06% b)6.07% c)6.08% d)6.09%
70.Simple interest on a certain sum of money for 3 years at 8% per annum
is
half the compound interest on Rs. 4000 for 2 years at 10% per annum.
The
sum placed on simple interest is:
a)Rs. 1550 b)Rs. 1650 c)Rs. 1750 d)Rs. 2000
71.If the simple interest on a sum of money for 2 years at 5% per annum is
Rs. 50, what is the compound interest on the same at the same rate and
for the same time?
a)Rs. 51.25 b)Rs. 52 c)Rs. 54.25 d)Rs. 60
72.The difference between simple interest and compound on Rs. 1200 for
one
year at 10% per annum reckoned half-yearly is:
a)Rs. 2.50 b)Rs. 3 c)Rs. 3.75
d)Rs. 4 e)None of these
73.The difference between compound interest and simple interest on an
amount of Rs. 15,000 for 2 years is Rs. 96. What is the rate of interest per
annum?
a)8 b)10 c)12
d)Cannot be determined e)None of these
74. The compound interest on a certain sum for 2 years at 10% per annum
is
Rs. 525. The simple interest on the same sum for double the time at half
the rate percent per annum is:
a)Rs. 400 b)Rs. 500 c)Rs. 600 d)Rs. 800
KEY
1 2 3 4 5 6 7 8 9 10
B C C A D C D B B D
11 12 13 14 15 16 17 18 19 20
C C B B C B C D C D
21 22 23 24 25 26 27 28 29 30
A D D D A A B C A B
31 32 33 34 35 36 37 38 39 40
B B B B C A C C C D
41 42 43 44 45 46 47 48 49 50
D C A B B C A D B B
51 52 53 54 55 56 57 58 59 60
D B D D C C C D A B
61 62 63 64 65 66 67 68 69 70
A C A A C A B C D C
71 72 73 74 75 76 77 78 79 80
A B A B