Simple Interest - MCQ 5 - Banking Exams MCQ

Arun divides Rs 4702 among A, B, and C, so that if the amounts being invested at 4% simple interest, the amounts received after 2, 3 and 4 yrs by A, B, and C respectively is equal. Find the share of B?

Rs 6200 is lent in two parts , one part at 6% for 5 years and second part at 8% for 4 years. After 5 years and 4 years respectively, the interests received from both parts is same. Find the amount lend at 6%.

What annual payment will discharge a debt of Rs 15,750 due in 3 years with rate if interest being 5% per annum?

Rs 15,000 is to be invested in 2 schemes, one part is invested in scheme A which offers 9.5% rate of interest and remaining part is invested in scheme B which offers 5% rate on interest. After 3 years, a total of Rs 3600 is received as simple interest. What is the part invested in scheme A?

A sum of money invested for 13 years yields Rs 2500 as simple interest. The interest rate being charged at 4% for first 3 years, 5% for next 4 years and 8% beyond 7 years. What is the principal invested?

 A certain sum of money invested at 4% for 9 years yields Rs 1980 as simple interest. At what rate of interest the same amount can be received on the same sum after 6 years?

A borrowed Rs 2500 and some money from B and C respectively at 7% rate.After 4 years A pays a total of Rs 1120 as simple interest to B and C. What is the sum borrowed from C?

A lent 2000rs to B at 8% annual rate of interest and some amount to C at same rate of interest for same period of time. If after 5 years, A got a total of 1500 rupee as interest. Find the sum lent to C.

t what percent per annum will be SI on sum of money is equal to 3/5 of the amount in 5 years.

 Priya borrows 1000 rupees at the rate of 11% per annum on SI and rahul borrows 780 rupees at the rate of 15% per annum on SI. In how many years will the amount of debt of priya and rahul be equal.

The simple interest on a certain sum is 4/9 of the principal and the numbers of years is equal to the rate of interest. The rate of interest is.

A sum of 8000 rupees is divided between two people A and B at the rate of interest of 4% and 5% respectively. The total interest earned after 2 years is equal to 750. Then find the ratio of investment between A and B.

A part of 2000 is lent at 6% per annum and rest sum is lent at 8% per annum.If total interest earned after 4 years is 500. Then the sum lent at 8%.

Sohan invested 20000 rupee in fixed deposit at the rate of 10% simple interest.After every 3 rd year he added interest to principal. Find the interest earned at the end of 6 year.

A statue of 550BC is priced at 15000 rupees. But a person wants instalment on the statue. So he gaves 10000 rupee cash and make an instalment of rupees 650 for 8 months. Find the rate of interest charged by the shopkeeper.

Rs. 12000 was invested for 2 years, partly in scheme A at the rate of 5% SI per annum and partly in scheme B at the rate of 8% SI per annum. The total interest received at the end was Rs.1800. What amount of money was invested in scheme A ?

A sum was put at a certain rate of interest for four years. Had it been put at a rate of interest 4% higher than the previous rate of interest, it would have fetched Rs. 80 more. What is the sum ?