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- 1. A man borrowed some amount, after 3 years he paid Rs.10,400/- with 10% interest, then how much Amount he borrowed?

A.) Rs.7000/-

B.) Rs.8000/-

C.) Rs.9000/-

D.) Rs.1000/-

Answer: Option 'B'

principal P = ?

Rate of interest R = 10%

Time T = 3 years

Accumulated Amount A = Rs.10400/-

A = P + I

A = P + PTR/100

A = P(1+ TR/100)

Rs.10400/- = P [1 + 3*10/100]

Rs.10400/- = P [1/1 + 3/10]

Rs.10400/- = P [10+3/10] = P[13/10]

Rs.10400/- = P * 13/10

==> P = Rs.104000/13

==> P = Rs.8000/-

- 2. A man took some money for borrowed, for 3 years the total will be Rs.4000 and 5 years it will be Rs.5000/-. Then how much amount he borrowed?

A.) Rs.500/-

B.) Rs.1500/-

C.) Rs.2500/-

D.) Rs.1000/-

Answer: Option 'C'

3 years --------> Rs.4000/-

5 years --------> Rs.5000/-

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2 years ----> Rs.1000/-

1 year -----> Rs.500/-

3 years × Rs.500/- = Rs.1500/-

P = Rs.4000/- - Rs.1500/- = Rs.2500/-

P = Rs.2500/-

- 3. A man took some money for borrowed, for 2 years the total will be Rs.9000/- and 5 years it will be13, Rs.500/-. Then how much amount he borrowed?

A.) Rs.4500/-

B.) Rs.6000/-

C.) Rs.5000/-

D.) Rs.5500/-

Answer: Option 'B'

2 years --------> Rs.9000/-

5 years --------> Rs.13500/-

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3 years ----> Rs.4500/-

1 year -----> Rs.1500/-

2years × Rs.1500/- = Rs.3300/-

P = Rs.9000/- - Rs.30000/- = Rs.6000/-

P = Rs.6000/-

- 4. A person took some amount with some interest for 1 years, but increase the interest for 2%, he paid Rs.60/- extra, then how much amount he took?

A.) Rs.3000/-

B.) Rs.4000/-

C.) Rs.2900/-

D.) Rs.2000/-

Answer: Option 'A'

Only 1 year = 60/1 = 60

Rate of Interest = 2%

100/2% × 60 = Rs.3000/-

P = Rs.3000/-

- 5. A person took some amount with some interest for 2 years, but increase the interest for 1%, he paid Rs.120/- extra, then how much amount he took?

A.) Rs.5500/-

B.) Rs.6000/-

C.) Rs.4000/-

D.) Rs.7000/-

Answer: Option 'B'

2 years = Rs.120/-

year = 120/2

Rate of Interest = 1%

100/1% × 120/2 = Rs.6000/-

P = Rs.6000/-

- 6. A person took some amount with some interest for 3 years, but increase the interest will be increase From 7% to 9%. He paid Rs. 240 extra, then howmuch amount he took?

A.) Rs.7000/-

B.) Rs.4000/-

C.) Rs.5500/-

D.) Rs.6000/-

Answer: Option 'B'

2% ------> Rs.240/-

3 years = Rs.240/-

1 year = 240/3 = Rs.80/-

100/2% × 80 = Rs.4000/-

P = Rs.4000/-

- 7. A borrow took by a man, for every 5 years it will be doubled, then what is the rate of the interest?

A.) 15%

B.) 20%

C.) 22%

D.) 23%

Answer: Option 'B'

P = 1 , I = 1 , T = 5years R = ?

I = PTR/100

1 = 1×5×R/100

R = 20%

- 8. A borrow took by a man, for every 8 years it will be 3 times, then what is the rate of the interest?

A.) 15%

B.) 20%

C.) 25%

D.) 28%

Answer: Option 'C'

P = 1 , I = 2 , T = 8years R = ?

I = PTR/100

2 = 1×8×R/100

R = 25%

- 9. A borrow took by a man, for every 12 years it will be 5 times, then what is the rate of the interest?

A.) 33 1/3%

B.) 18 1/3%

C.) 33 2/3%

D.) 34%

Answer: Option 'A'

P = 1 , I = 4 , T = 12years R = ?

I = PTR/100

4 = 1×12×R/100

R = 33 1/3%

- 10. A borrow taken by a man, for every 5 years it will be doubled, then how much time it will be taken

A.) 12years

B.) 15years

C.) 16years

D.) 13years

Answer: Option 'B'

(R)1% ------> 5 years

3/1% × 5 = 15 years

Answer = 15 years

**To whom this Simple Interest Question and Answers section is beneficial?**

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