## Lakshya Education MCQs

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

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## More Questions on This Topic :

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 = ?
1.    Rs. 2800
2.    Rs. 3050
3.    Rs. 2750
4.    Rs. 2760
Question 2. The principal which gives Rs 1 interest per day at a rate of 5% simple interest per annum is = ?
1.    Rs. 5000
2.    Rs. 35500
3.    Rs. 7300
4.    Rs. 3650
Question 3. Arvind deposited a sum of money with a bank on 1st january, 2012 at 8% simple interest per annum. He received an amount 3144 on 7th August, 2012. The money he deposited with the bank was = ?
1.    Rs. 3080
2.    Rs. 2500
3.    Rs. 3000
4.    Rs. 3100
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 ?
1.    Rs. 400
2.    Rs. 500
3.    Rs. 700
4.    Rs. 800
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 = ?
1.    Rs. 3000
2.    Rs. 4000
3.    Rs. 6500
4.    Rs. 5000