Aptitude - Arithmetical Ability

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13.

Mr.Raj got a loan at 11% p.SI after 5 years he returned the principal along with interest. If he returns in all RS.12400/- what is the principal amount                        


A. 9000 B. 8000
C. 8500 D. 10000




14.

A money lender finds that dues to a fall in the annual rate of interest from 8% to 7x3/4%, his yearly income diminishes by Rs. 61.50. His capital is                        


A. Rs. 22,400 B. Rs. 23,800
C. Rs. 24,600 D. Rs. 26,000




15.

Find the simple interest on Rs. 3000 at 6¼% per annum for the period from 4th Feb., 2005 to 18th April, 2005.                         


A. 27.5 B. 37.5
C. 47.5 D. 40




16.

Reena took a loan of Rs. 1200 with simple interest for as many years as the rate of interest. If she paid Rs. 432 as interest at the end of the loan period, what was the rate of interest?                        


A. 3.6 B. 6
C. 18 D. Cannot be determined




17.

An automobile financier claims to be lending money at simple interest, but he includes the interest every six months for calculating the principal. If he is charging an interest of 10%, the effective rate of interest becomes:                        


A. 0.1 B. 0.1025
C. 0.105 D. None of these




18.

A sum fetched a total simple interest of Rs. 4016.25 at the rate of 9. p.c.p.a in 5 years. What is the sum?                        


A. Rs. 4,462.50 B. Rs. 8,032.50
C. Rs. 8,900 D. Rs. 8,925




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