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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?

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

A car is purchased on hire-purchase. The cash price is $21 000 and the terms are a deposit of 10% of the price, then the balance to be paid off over 60 equal monthly installments. Interest is charged at 12% p.a. What is the monthly installment?

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A. $503
B. $504
C. $505
D. $506

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:________?

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

How much time will it take for an amount of Rs. 900 to yield Rs. 81 as interest at 4.5% per annum of simple interest?

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A. 2 years
B. 3 years
C. 1 year
D. 4 years

If the simple interest on a certain sum of money after 3 1⁄8 years is 1⁄4 of the principal, what is the rate of interest per annum?

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A. 6%
B. 4%
C. 8%
D. 12%

What annual installment will discharge a debt of Rs 1092 due in 3 years at 12% simple interest?

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A. Rs.325
B. Rs.545
C. Rs.560
D. Rs.550

If there is a total of 104 weekly instalments and a third deposit, find the interest charged

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A. 237.55
B. 337
C. 443
D. 334

A sum of money becomes 7⁄5 of itself in 4 years at a certain rate of simple interest. The rate per annum is :

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A. 9%
B. 10%
C. 11%
D. 12%

A sum of Rs. 2500 amounts to Rs. 3875 in 4 years at the rate of simple interest. What is the rate of interest?

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A. 12.25%
B. 12%
C. 6%
D. 13.75%

A sum of money amounts to Rs. 9800 after 5 years and Rs. 12005 after 8 years at the same rate of simple interest. The rate of interest per annum is:

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A. 5%
B. 8%
C. 12%
D. 15%

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