Zoho Simple and Compound Interest Quiz 1

Question 1

Time: 00:00:00
At what rate of simple interest does a sum of Rs 24000 yield an interest of Rs 96000 in 5 years

28

28

56

56

80

80

95

95

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Question 2

Time: 00:00:00
 A certain Sum that was lent to Rajesh at S.I  amounts to 38200 times the sum in 3 years and 58400 times the sum in 8 years. Find the value of the rate of interest

2002

2002

40400

40400

76540

76540

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Question 3

Time: 00:00:00
Parineeti lent a sum of Rs 80,000 to Priyanka and Nick at 15% p.a and 20 % p.a. Simple interest respectively. If after 2 years the total amount received by Parineeti is Rs 100,000. How much amount was lent to Priyanka?

620000

620000

170000

170000

50000

50000

1,20,000

1,20,000

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Question 4

Time: 00:00:00
If the difference between the S.I and C.I on the sum of money at 21% p.a for 2 years is Rs 4851. Find the sum?

53678

53678

110000

110000

621000

621000

415600

415600

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Question 5

Time: 00:00:00
 A sum of money invested at S.I becomes 13 times itself in 4 years of time. If the rate of interest is increased by 200 percentage points. In how many years will the sum become 6 times itself?

9

9

1

1

4

4

6

6

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Question 6

Time: 00:00:00
Find the compound interest on a sum of Rs 23000 at 20% p.a. for 3 years?

1210

1210

16744

16744

10000

10000

67200

67200

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Question 7

Time: 00:00:00
 If the compound interest on a sum of Rs 83000 at 10% p.a for t years is Rs 27473, what is the value of t ?

9

9

1

1

3

3

2

2

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Question 8

Time: 00:00:00
 The Compound Interest on a certain amount at a certain rate of interest, for the 7th and 8th year, was Rs  17350 and Rs 18391 respectively. Find the rate of interest per annum.

3

3

12

12

6

6

9

9

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Question 9

Time: 00:00:00
 

A sum of money invested at Compound Interest triples itself in 17 years. In how many years will it become 81 times itself.

71 years

71 years

85 years

85 years

15 years

15 years

29 years

29 years

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Question 10

Time: 00:00:00
Donald borrowed a sum of Rs 82,000 at 10% p.a compound interest for 2 years. He repaid some amount at the end of 1st year. If Donald cleared the debt by repaying Rs 31900 at the end of the 2nd year. How much did he repay at the end of 1st year?

61200

61200

64500

64500

67100

67100

65000

65000

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