- Home
- Quantitative
- English
- Reasoning
- IT Officer
- Programming
-
Computer
- Computer Awareness Questions Answers - Set 1
- Computer Awareness Questions Answers - Set 2
- Important Abbreviations Computer Awareness Questions Answers
- Important File Extensions Questions Answers
- Computer System Architecture Questions Answers
- MS Office Questions Answers
- MS Excel Questions Answers
- MS PowerPoint Questions Answers
-
GK
- Geography Questions Answers
- Indian History Questions Answers
- World History Questions Answers
- Indian Economy Questions Answers
- Indian Polity and Constitution
- Physics Questions Answers
- Chemistry Questions Answers
- Biology Questions Answers
- First In India
- First In World
- Longest and Largest
- Books and Authors
- Important Days of year
- Countries and Capitals
- Inventions and Inventors
-
Current Affairs
- Current Affairs
- Current Affairs 2018
- Current Affairs 2018 - 2019 PDF
- Current Affairs August 2019
- Current Affairs July 2019
- Current Affairs June 2019
- Current Affairs May 2019
- Current Affairs April 2019
- Current Affairs March 2019
- Current Affairs February 2019
- Current Affairs January 2019
- Current Affairs December 2018
- Current Affairs November 2018
- Current Affairs October 2018
- Current Affairs September 2018
- Govt Jobs
- Exams
- Online Quiz
- You are here
- Home
- Quantitative Aptitude
- Arithmetic Aptitude Questions Answers
- Simple Interest Questions Answers
- Aptitude Question
- Current Affairs 2019
- Current Affairs 2018
- Current Affairs December 2018
- Current Affairs November 2018
- Current Affairs October 2018
- Current Affairs September 2018
- Current Affairs August 2018
- Current Affairs July 2018
- Current Affairs June 2018
- Current Affairs May 2018
- Current Affairs April 2018
- Current Affairs March 2018
- Current Affairs February 2018
- Current Affairs January 2018
- Current Affairs 2018
- Current Affairs PDF
- Current Affairs PDF Download
- Current Affairs July 2019 PDF
- Current Affairs June 2019 PDF
- Current Affairs May 2019 PDF
- Current Affairs April 2019 PDF
- Current Affairs March 2019 PDF
- Current Affairs February 2019 PDF
- Current Affairs January 2019 PDF
- Current Affairs December 2018 PDF
- Current Affairs November 2018 PDF
- Current Affairs October 2018 PDF
- Current Affairs September 2018 PDF
- Current Affairs August 2018 PDF
- Current Affairs July 2018 PDF
- Current Affairs June 2018 PDF
- Current Affairs May 2018 PDF
- Current Affairs April 2018 PDF
- Current Affairs March 2018 PDF
- Current Affairs February 2018 PDF
- Current Affairs January 2018 PDF
Question Detail
At 5% per annum simple interest, Rahul borrowed Rs. 500. What amount will he pay to clear the debt after 4 years
- 750
- 700
- 650
- 600
Answer: Option D
Explanation:
We need to calculate the total amount to be paid by him after 4 years, So it will be Principal + simple interest.
So,
\begin{aligned}
=> 500 + \frac{500*5*4}{100}
=> Rs. 600
\end{aligned}
1. Sachin borrows Rs. 5000 for 2 years at 4% p.a. simple interest. He immediately lends money to Rahul at 25/4% p.a. for 2 years. Find the gain of one year by Sachin.
- 110.50
- 111.50
- 112.50
- 113.50
Answer: Option C
Explanation:
Two things need to give attention in this question, First we need to calculate gain for 1 year only.
Second, where we take money at some interest and lends at other, then we use to subtract each other to get result in this type of question. Lets solve this Simple Interest question now.
\begin{aligned}
\text{Gain in 2 year = } \\
[(5000 \times \frac{25}{4} \times \frac{2}{100})-(\frac{5000 \times 4 \times 2}{100})] \\
= (625 - 400) = 225 \\
\text{ So gain for 1 year = }\\
\frac{225}{2} = 112.50
\end{aligned}
2. If A lends Rs. 3500 to B at 10% p.a. and B lends the same sum to C at 11.5% p.a., then the gain of B (in Rs.) in a period of 3 years is
- Rs. 154.50
- Rs. 155.50
- Rs. 156.50
- Rs. 157.50
Answer: Option D
Explanation:
We need to calculate the profit of B.
It will be,
SI on the rate B lends - SI on the rate B gets
\begin{aligned}
\text{Gain of B}\\ &= \frac{3500\times11.5\times3}{100} - \frac{3500\times10\times3}{100}\\
= 157.50
\end{aligned}
3. A sum of money amounts to Rs 9800 after 5 years and Rs 12005 after 8 years at the same rate of simple interest. The rate of interest per annum is
- 9%
- 10%
- 11%
- 12%
Answer: Option D
Explanation:
We can get SI of 3 years = 12005 - 9800 = 2205
SI for 5 years = (2205/3)*5 = 3675 [so that we can get principal amount after deducting SI]
Principal = 12005 - 3675 = 6125
So Rate = (100*3675)/(6125*5) = 12%
4. A man took a loan at rate of 12% per annum simple interest. After 3 years he had to pay 5400 interest. The principal amount borrowed by him was.
- Rs 14000
- Rs 15000
- Rs 16000
- Rs 17000
Answer: Option B
Explanation:
\begin{aligned}
\text{S.I.} = \frac{P*R*T}{100} \\
=> P = \frac{S.I. * 100}{R*T} \\
=> P = \frac{5400 * 100}{12*3} = Rs 15000
\end{aligned}
5. At 5% per annum simple interest, Rahul borrowed Rs. 500. What amount will he pay to clear the debt after 4 years
- 750
- 700
- 650
- 600
Answer: Option D
Explanation:
We need to calculate the total amount to be paid by him after 4 years, So it will be Principal + simple interest.
So,
\begin{aligned}
=> 500 + \frac{500*5*4}{100}
=> Rs. 600
\end{aligned}
Thanks ! Your comment will be approved shortly !
- Copyright 2014 - All rights reserved
- Terms Of Use & Privacy Policy
- Contact Us
- Copyright