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

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## Question 11

Interest
Edit

### 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
Edit

### 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
Edit

### 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
Edit

### 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