1. | S.I on Rs. 3500 for 3 years at 12% per annum is |
A. |
B. |
C. |
D. |
2. | P = 5000, R = 15, T = 4 using I = PRT/100,I will be |
A. |
B. |
C. |
D. |
3. | If P = 5000, T = 1,I = Rs. 300, R will be |
A. |
B. |
C. |
D. |
4. | If P = Rs. 4500, A = Rs. 7200, than Simple interest i.e. I will be |
A. |
B. |
C. |
D. |
5. | P = Rs. 12000, A = Rs. 16500, T = 2 years. Rate percent per annum simple interest will be |
A. |
B. |
C. |
D. |
6. | P = Rs. 10000, I = Rs. 2500, R = 12 % SI. The number of years T will be Options: A.1 years B.2 years C.3 years D.None of these |
A. |
B. |
C. |
D. |
7. | P = Rs. 8500, A = Rs. 10200, R = 12 % SI, t will be |
A. |
B. |
C. |
D. |
8. | The sum required to earn a monthly interest of Rs 1200 at 18% per annum SI is |
A. |
B. |
C. |
D. |
9. | A sum of money amount to Rs. 6200 in 2 years and Rs. 7400 in 3 years. Theprincipal and rate of interest are |
A. |
B. |
C. |
D. |
10. | A sum of money doubles itself in 10 years. The number of years it would triple itself is |
A. |
B. |
C. |
D. |
11. | If P = Rs. 1000, R = 5% p.a, n = 4; What is Amount and C.I. is |
A. |
B. |
C. |
D. |
12. | Rs. 100 will become after 20 years at 5% p.a compound interest amount |
A. |
B. |
C. |
D. |
13. | The effective rate of interest corresponding to a nominal rate 3% p.a payable half yearly is |
A. |
B. |
C. |
D. |
14. | A machine is depreciated at the rate of 20% on reducing balance. The original cost of the machine was Rs. 100000 and its ultimate scrap value was Rs. 30000. The effective life of the machine is |
A. |
B. |
C. |
D. |
15. | If A = Rs. 1000, n = 2 years, R=6% p.a compound interest payable half-yearly, then principal ( P ) is |
A. |
B. |
C. |
D. |
16. | The difference between C.I and S.I on a certain sum of money invested for 3 years at 6% p.a is Rs. 110.16. The sum is |
A. |
B. |
C. |
D. |
17. | The population of a town increases every year by 2% of the population at the beginning of that year. The number of years by which the total increase of population be 40% is |
A. |
B. |
C. |
D. |
18. | The useful life of a machine is estimated to be 10 years and cost Rs. 10000. Rate of i depreciation is 10% p.a. The scrap value at the end of its life is |
A. |
B. |
C. |
D. |
19. | The effective rate of interest corresponding a nominal rate of 7% p.a convertible quarterly is |
A. |
B. |
C. |
D. |
20. | The C.I on Rs. 16000 for 1 Vi years at 10% p.a payable half -yearly is |
A. |
B. |
C. |
D. |