Interest [NRA CGL (National Recruitment Agency-Combined Graduate Level) Mathematics]: Questions 11 - 15 of 18

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Question 11

Interest
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Question

MCQ▾

Rs. 500 was invested at 12 % per annum simple interest and a certain sum of money invested at 10 % per annum simple interest. If the sum of the interests on both the sums after 4 years is Rs. 480, the later sum of money is (Paper- I)

Choices

Choice (4)Response

a.

Rs. 1450

b.

Rs. 3750

c.

Rs. 2550

d.

Rs. 2250

Question 12

Interest
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Question

MCQ▾

A man took a loan from a bank at the rate of per annum at simple interest. After 9 years he had to pay Rs. 5400 as interest only for the period. The principle amount borrowed by him was

Choices

Choice (4)Response

a.

Rs. 16000

b.

Rs. 80000

c.

Rs. 10000

d.

Rs. 24000

Question 13

Interest
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Question

MCQ▾

A sum of money amounts to Rs. 1458 in 2 years at 8 % per annum of compound interest. The sum is

Choices

Choice (4)Response

a.

Rs. 1245

b.

Rs. 2540

c.

Rs. 3250

d.

Rs. 1250

Question 14

Interest
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Question

MCQ▾

A sum of money at simple interest amounts to Rs. 2000 in 4 years and to Rs. 2060 in 6 years. The rate of interest per annum is

Choices

Choice (4)Response

a.

4.58 %

b.

5.45 %

c.

1.59 %

d.

8.76 %

Question 15

Interest
Edit

Question

MCQ▾

A sum of money amounts to Rs. 2205 in 2 years at 5 % per annum of compound interest. The sum is

Choices

Choice (4)Response

a.

Rs. 2000

b.

Rs. 1000

c.

Rs. 4000

d.

Rs. 3000