Question: Two equal sums of money are lent at the same time at 8% and 7% per annum simple interest. The former is recovered 6 months earlier than the latter and the amount in each case is Rs. 2560. The sum and the time for which the sums of money are lent out are.Options:
|A.||Rs. 2000, 3.5 years and 4 years|
|B.||Rs. 1500, 3.5 years and 4 years|
|C.||Rs. 2000, 4 years and 5.5 years|
|D.||Rs. 3000, 4 years and 4.5 years|
Answer: Option A
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Question 1. A sum of Rs. 7930 is divided into 3 parts and given at loan at 5% simple interest to A, B and C for 2, 3 and 4 years respectively. If the amounts of all three are equal after their respective periods of loan, then the A received a loan of = ?
- Rs. 2800
- Rs. 3050
- Rs. 2750
- Rs. 2760
Answer: Option D
Question 4. A person invested some account at the rate of 12% simple interest and a certain amount at rate of 10% simple interest. He received yearly interest of Rs. 130. But if he had interchanged the amounts invested,he would have received Rs. 4 more as interest. How much did he invest at 12% simple interest ?
- Rs. 400
- Rs. 500
- Rs. 700
- Rs. 800
Answer: Option B
Question 5. Ram deposited a certain sum of money in a company at 12% per annum simple interest for 4 years and deposited equal amounts in fixed deposit in a bank for 5 years at 15% per annum simple interest. If the difference in the interest from two sources is Rs. 1350 then the sum deposited in each case is = ?
- Rs. 3000
- Rs. 4000
- Rs. 6500
- Rs. 5000
Answer: Option D
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