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Interest

1. Find the simple interest on Rs. 750 for 3 years at the rate of 5% per annum. |

A. 100 |

B. 112.5 |

C. 150.6 |

D. None of these. |

2. A sum of Rs. 468.75 was lent out at a simple interest and at the end of 1 year 8 month the total amount was Rs. 500. Find the rate of interest per cent per annum. |

A. 2% |

B. 3% |

C. 3.5% |

D. 4% |

3. Find the compound interest for Rs. 2000 for 3 years at the rate of 10% per annum. |

A. Rs. 600 |

B. Rs. 662 |

C. Rs. 690 |

D. None of these |

4. Gopal invets a part of Rs. 8000 at 4% per year and theremainder at 5% per year. His annual income from the investment is Rs. 350. The ratio of two parts of investment is - |

A. 2:3 |

B. 4:5 |

C. 5:3 |

D. 6:7 |

5. In how many years will a sum of Rs. 1600 will amount to Rs. 1852.20 at the rate of 10% per annum compounded half yearly? |

A. 3/2 years |

B. 2/3 years |

C. 4/3 years |

D. 5/3 years |