RADIAN IAS ACADEMY (A Hi-Tech Advanced Coaching cum Guidance Centre)

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2016 GROUP-2A/4/VAO SIMPLE&COMPOUND INTEREST CLASS TEST Nov - 2015

1) A person deposited Rs.4,000 for 3) A sum compounded annually

2 years, Rs.5,500 for 4 Years

and Rs.6,000 for 6 years. He
received the total simple interest
of Rs. 2,640. The rate of interest
is
A) 3% B) 4%
C) 5% D) 6%
 4,000

becomes

25
times of it self in
16

2years. Find
interest?

5,500

6,000

.

2,640.

,
?

2) A sum of money invested at

of

rate

the

A) 4% B) 5%

25
16

C) 20% D) 25%

4) Mugilan takes a loan Rs. 10,000

and pays back Rs. 13,310 after

3 years . The compound interest
rate Per annum will be
A) 8% B) 9% C) 10%D) 11%

10,000

13,310
compound interest amounts in 3
years to Rs. 2,400 and in 4
.
years to Rs. 2,520.The interest

,
rate per annum is
?
3
5) If a principal under simple

2,400
interest doubles in 7 years, the
,
4

rate of interest is /
2,520
7

A) 5% B) 6%

C) 8% D) 10%

,
?

A) 16 2/3 %
C) 12 %
711 EVR Road, Opp. Anna Arch, NSK Nagar, Arumbakkam, CHENNAI-106.

E-mail: r.rajaboopathy@gmail.com

B) 14 2/7 %
D) 11 1/9 %
Ph: 98404-00825, 98404-33955

RADIAN IAS ACADEMY (A Hi-Tech Advanced Coaching cum Guidance Centre)

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www.radianiasacademy.org

6) A

took a loan at simple 8) At what rate per cent per annum

interest rate of 6 percent per
will the simple interest on a sum
annum in the first year and if
of money be 2/5 of the amount
increases by 1.5% every year. If
in 10 years?
she pays Rs. 8,190 as interest

at the end of 3 years what was

,

her loan amount ?

,
A 

A)4% B)6% C)5 2/3%D)6 2/3%

9) A sum of money at simple

interest trebles of itself in 15

years .It will become 5 times of
1.5% 

,
itself in

8,190

A) Rs.36,000
C) Rs.36,800

B) Rs.35,400
D) Rs.36,400

7) A sum of Rs.1,600

gives a
simple interest of Rs. 252 in 2
years and 3 months. The rate of
interest Per annum is

1,600,

252

A) 5 % B) 6% C) 7% D) 8%

15

A) 40 years B) 36 years
C) 30 years D) 25 years
10) A sum of money amounts to
Rs. 5,200 in 5 years and to Rs
5,680 in 7 years at Simple
interest the rate of interest Per
annum is

5,200

5,680

,
/

A) 4% B) 5%

C) 6% D) 8%

ALL THE VERY BEST

711 EVR Road, Opp. Anna Arch, NSK Nagar, Arumbakkam, CHENNAI-106.

E-mail: r.rajaboopathy@gmail.com

Ph: 98404-00825, 98404-33955