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### Question 1

The interest on Rs. 6000 @6% for a certain number of days starting from Jan 1, 1801 is Rs. 72. How many days?

### Question 2

Simple interest on a certain sum of money is $1/2$ of the sum for 10 years. What is the rate of interest?

### Question 3

Simple interest on a certain sum of money is $1/5$ of the sum for 5 years. What is the rate of interest?

### Question 4

Mr. X puts an amount of Rs. 800 in a simple interest scheme. If he gets a total amount of Rs. 1448 after 9 months, what is the rate of interest?

**A**

${3/4}$% p.a.

**B**

9% p.a.

**C**

${11/12}$% p.a.

**D**

1% p.a.

**Soln.**

**Ans: a**

The interest is I = 1448 - 800 = 648. So R = $(I × 100)/(T × P)$. Solving, we get R = $(648 × 100)/(9 × 800)$ = 9% per month, which is ${3/4}$% per annum. *Please note that since the time is in months the rate is also p.m.*

### Question 5

The difference between simple interests on an amount @11% for 6 years and at 4% for 13 years is Rs. 126. What is the amount?

This Blog Post/Article "Simple Interest Quiz Set 012" by Parveen (Hoven) is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

Updated on 2020-02-07. Published on: 2016-05-01