The C.I. on a certain sum for 2 years Rs.41 and the simple interest is Rs.40. What is the rate percent?

Related Mcqs:

1. 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 :

   A. Rs.3100
   B. Rs.2700
   C. Rs.2200
   D. Rs.1800

2. Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 4000 for 2 years at 10% per annum. The sum placed on simple interest is:_______?

   A. Rs. 1550
   B. Rs. 1650
   C. Rs. 1750
   D. Rs. 2000

3. The simple interest on Rs.12000 at a certain rate of interest in five years is Rs.7200. Find the compound interest on the same amount for five years at the same rate of interest.

   A. Rs.3502.80
   B. Rs.3052.40
   C. Rs.3054.8
   D. Rs.3052.80
   E. None of these

4. The compound interest on a certain sum of money for 2 years at 10 % per annum is Rs.420. The simple interest on the same sum at the same rate and for the same time will be_______?

   A. Rs.350
   B. Rs.375
   C. Rs. 380
   D. Rs. 400

5. 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?

   A. 3.46%
   B. 4.5%
   C. 5%
   D. 6%

6. A sum amount to Rs.1344 in two years at simple interest. What will be the compound interest on the same sum at the same rate of interest for the same period?

   A. Rs.150
   B. Rs.140
   C. Rs.130
   D. Data insufficient for the answer

7. 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:________?

   A. Rs.750
   B. Rs.700
   C. Rs.820
   D. Rs.940

8. 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.

   A. Rs.4000
   B. Rs.9000
   C. Rs.5000
   D. Rs.6000

9. 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:

   A. Rs.750
   B. Rs.700
   C. Rs.940
   D. Rs.820

10. Rs. 6000 is lent out in two parts. One part is lent at 7% p.a simple interest and the other is lent at 10% p.a simple interest. The total interest at the end of one year was Rs. 450. Find the ratio of the amounts lent at the lower rate and higher rate of interest?

    A. 5 : 1
    B. 4 : 1
    C. 3 : 2
    D. 2 : 1