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MCQs: A trader owes a merchant Rs. 10,028 due 1 year hence. The trader wants to settle the account after 3 months. If the rate of interest 12% per annum, how much cash should he pay?
Category: Mathematics Quizzes, Published by: teswesm
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MCQs: Rs. 800 amounts to Rs. 920 in 3 years at simple interest. If the interest rate is increased by 3%, it would amount to how much ?
Category: Mathematics Quizzes, Published by: teswesm
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MCQs: A sum was put a simple interest at a certain rate for 2 years. Had it been put at 4% higher rate, it would have fetched Rs. 60 more. The sum is:
Category: Mathematics Quizzes, Published by: teswesm
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MCQs: A man invests a certain sum of money at 6% per annum simple interest and another sum at 7% per annum simple interest. His income from interest after 2 years was Rs. 354. One-forth of the first sum is equal to one-fifth of the second sum. The total sum invested was :
Category: Mathematics Quizzes, Published by: teswesm
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MCQs: You deposit $600 into a 6 month certificate of deposit. After 6 months the balance is $618. Find the simple annual interest rate
Category: Mathematics Quizzes, Published by: teswesm
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MCQs: How long will it take for a sum of money to grow from Rs.1250 to Rs.10,000, if it is invested at 12.5% p.a simple interest?
Category: Mathematics Quizzes, Published by: teswesm
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MCQs: What is the rate of interest at which Rs.150 becomes Rs. 220 in 10 years.
Category: Mathematics Quizzes, Published by: teswesm
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MCQs: A sum of money at simple interest amounts to Rs. 815 in 3 years and to Rs. 854 in 4 years. The sum is :________?
Category: Mathematics Quizzes, Published by: teswesm
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MCQs: A sum was put at simple interest at a certain rate for 3 years. Had it been put at 2% higher rate, it would have fetched Rs 360 more. Find the sum.
Category: Mathematics Quizzes, Published by: teswesm
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MCQs: 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:
Category: Mathematics Quizzes, Published by: teswesm
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MCQs: A sum of Rs. 2500 amounts to Rs. 3875 in 4 years at the rate of simple interest. What is the rate of interest?
Category: Mathematics Quizzes, Published by: teswesm
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MCQs: A sum of money becomes 7⁄5 of itself in 4 years at a certain rate of simple interest. The rate per annum is :
Category: Mathematics Quizzes, Published by: teswesm
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MCQs: If there is a total of 104 weekly instalments and a third deposit, find the interest charged
Category: Mathematics Quizzes, Published by: teswesm
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MCQs: What annual installment will discharge a debt of Rs 1092 due in 3 years at 12% simple interest?
Category: Mathematics Quizzes, Published by: teswesm
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MCQs: If the simple interest on a certain sum of money after 3 1⁄8 years is 1⁄4 of the principal, what is the rate of interest per annum?
Category: Mathematics Quizzes, Published by: teswesm
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MCQs: How much time will it take for an amount of Rs. 900 to yield Rs. 81 as interest at 4.5% per annum of simple interest?
Category: Mathematics Quizzes, Published by: teswesm
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MCQs: A sum was put a simple interest at a certain rate for 2 years. Had it been put at 4% higher rate, it would have fetched Rs. 60 more. The sum is:________?
Category: Mathematics Quizzes, Published by: teswesm
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MCQs: A car is purchased on hire-purchase. The cash price is $21 000 and the terms are a deposit of 10% of the price, then the balance to be paid off over 60 equal monthly installments. Interest is charged at 12% p.a. What is the monthly installment?
Category: Mathematics Quizzes, Published by: teswesm
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MCQs: A sum of Rs. 725 is lent in the beginning of a year at a certain rate of interest. After 8 months, a sum of Rs. 362.50 more is lent but at the rate twice the former. At the end of the year, Rs. 33.50 is earned as interest from both the loans. What was the original rate of interest?
Category: Mathematics Quizzes, Published by: teswesm
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MCQs: A lends Rs. 1500 to B and a certain sum to C at the same time at 8% per annum simple interest. If after 4 years, A altogether receives Rs. 1400 as interest from B and C, then the sum lent to C is________?
Category: Mathematics Quizzes, Published by: teswesm
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