Math Test Preparation Problems on Simple Interest Part 1

Test Preparation on Math Test Preparation Problems on Simple Interest Part 1

1.

Find the simple interest on Rs 7000 at 50/3 % for 9 months

1Rs. 1075
2Rs. 975
3Rs. 875
4Rs. 775

2.

Sachin borrows Rs. 5000 for 2 years at 4% p.a. simple interest. He immediately lends money to Rahul at 25/4% p.a. for 2 years. Find the gain of one year by Sachin.

1110.50
2111.50
3112.50
4113.50

3.

Find the simple interest on the Rs. 2000 at 25/4% per annum for the period from 4th Feb 2005 to 18th April 2005

1Rs 25
2Rs 30
3Rs 35
4Rs 40

4.

If A lends Rs. 3500 to B at 10% p.a. and B lends the same sum to C at 11.5% p.a., then the gain of B (in Rs.) in a period of 3 years is

1Rs. 154.50
2Rs. 155.50
3Rs. 156.50
4Rs. 157.50

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