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CLAT 2022 Free Study Plan II Simple Interest Quiz II 14.04.2021
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Question 1
A sum of Rs.500 amounts to Rs.650 in 3 years at simple interest. If the interest rate is increased by 3%, it would amount to how much?
Question 2
What will be the ratio of simple interest earned by certain amount at the same rate of interest for 12 years and for 18 years?
Question 3
The ratio of invested money and simple interest for a certain period of time at 5% per annum is 8:3 . Find the time duration for which money was invested?
Question 4
If in 13 years a fixed sum doubles at simple interest, what will be the interest rate per year?(Correct to two decimal places)
Question 5
At what rate of simple interest a sum of money will become 5/4 of itself in 2 year?
Question 6
The simple interest on a certain sum of money at the rate of 5% p.a. for 8 years is Rs. 840. At what rate of interest the same amount of interest can be received on the same sum after 5 years.
Question 7
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.
Question 8
The rate of interest for the first 2 years is 3% per annum, for the next 3 years is 8% per annum, and the period beyond 5 years is 10% per annum. If a man gets rupees 1520 as a simple interest for 6 years, how much money did he deposit?
Question 9
The simple interest on a sum money at 9% per annum for 5 years is half the sum, sum is:
Question 10
A sum of Rs.12,500 amounts to Rs.15,500 in the 4 years at the rate of simple interest. Find the rate percent.
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Jun 6CLAT UG
