Quiz-1

Question 1

Time: 00:00:00

Rs.8000 become Rs.9261 in a certain interval of time at the rate of 5% per annum of C.I. Find the time?

4 years

3 years

6 years

2 years

Question 2

Time: 00:00:00

A sum of money place at compound interest doubles itself in 4 years. In how many years will it amount to eight times itself?

16

8

20

12

Question 3

Time: 00:00:00

A property decreases in value every year at the rate of 6 1/4% of its value at the beginning of the year its value at the end of 3 years was Rs.21093. Find its value at the beginning of the first year?

Rs.18060.36

Rs.32000.50

Rs.25600.24

Rs.18600

Question 4

Time: 00:00:00

A certain sum of money amounts to Rs.1300 in 2 years and to Rs. 1525 in 3.5 years. Find the sum and the rate of interest.

Rs1000,15%

Rs850, 10%

Rs900, 12%

Rs800, 13%

Question 5

Time: 00:00:00

The ratio of the amount for two years under compound interest annually and for one year under simple interest is 6:5. When the rate of interest is same, then the value of rate of interest is:

20%

15%

18%

22%

Question 6

Time: 00:00:00

If the simple interest on a certain sum of money is 4/25 of the sum and the rate percent equals the number years, then the rate of interest per annum is:

10%

8%

5%

4%

Question 7

Time: 00:00:00

Find the compound interest on Rs. 20,000 in 2 years at 4 % per annum, the interest being compounded half-yearly.

Rs 1648.64

Rs. 1596.32

Rs. 14826.56

Rs. 11563.99

Question 8

Time: 00:00:00

A certain sum amounts to Rs. 7000 in 2 years and to Rs. 8000 in 3 years. Find the sum.

Rs. 5359.37

Rs. 6959.37

Rs. 6459.37

Rs. 5759.37

Question 9

Time: 00:00:00

Rs.5887 is divided between Shyam and Ram, such that Shyam's share at the end of 9 years is equal to Ram's share at the end of 11 years, compounded annually at the rate of 5%. Find the share of Shyam

2088

2000

3087

None of these

Question 10

Time: 00:00:00

Vijay invested Rs.50,000 partly at 10% and partly at 15%. His total income after a year was Rs.7000. How much did he invest at the rate of 10%?

Rs.20,000

Rs.13,000

Rs.40,000

Rs.12,000