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Q1. Veer invested a sum of Rs.
50000 into two schemes A & B both offering at 10% per annum. The difference
between C.I for 1.5 years on schemes A but interest calculated on half yearly
basis and S.I for same time on schemes B is Rs. 117.If Rs 2400 more invested
than scheme A in another scheme C at same rate of interest, then find out the
simple interest 3 years after? (given that simple interest on scheme B is
greater than compound interest on scheme A)

(a) Rs. 7920

(b) Rs. 8940

(c) Rs. 9860

(d) Rs. 11220

(e) Rs. 8440

Q2. A man invested an amount of
Rs. 35910 in a scheme offering compound interest at rate of 14 2/7%
for first year, 22 2/9%
for second year and 6 1/4% for remaining years. Find the C.I. offered to him at
the end of 2 year and 8 months?

(a) Rs. 14322

(b) Rs. 19272

(c) Rs. 18723

(d) Rs. 15423

(e) Rs. 16340

Q3. Rs. 6000 is invested at 16 2/3% per annum simple interest. If the interest is added to
the principal after every 3 years. Then after what time amount will become Rs.
15000?

(a) 5 1/3 years

(b) 5 2/3 years

(c) 7 years

(d) 6 1/3 years

(e) 6 2/3 years

Q4. John borrowed some money at
the rate of 4 p.c.p.a for the first three years, at the rate of 8 p.c.p.a for
the next two years and at the rate of 9 p.c.p.a for the period beyond 5 years.
If he pays a total simple interest of Rs 19550 at the end of 7 years, how much
money did he borrow?

(a) Rs 39500

(b) Rs 42500

(c) Rs 41900

(d) Rs 43000

(e) Rs 45500

Q5. A sum of Rs 18,750 is left
in a will by a father to be divided between two sons, whose present age is 12
and 14 years respectively, such that when they attain maturity at 18, the
amount (Principal + interest) received by each at 5% S.I. will be the same.
Find the sum allotted at present to each son.

(a) Rs 9500, Rs 9250

(b) Rs 8000, Rs 1750

(c) Rs 9000, Rs 9750

(d) Rs 8500, Rs 10250

(e) None of these

**Q9. If 12 kg of Jowar is spoiled then by what percent he should increase his initial List price per kg so that there is no profit and no loss.**

(a) 12.5%

(b) 22.5%

(c) 8.5%

(d) 16.5%

(e) 13.75%

**Q10. If shopkeeper uses faulty weight of 800 gm instead of 1 kg while selling than what will be the total profit in selling Jowar.**

(a) 850

(b) 625

(c) 1250

(d) 1050

(e) 900

**Solutions**

S1. Ans. (a)

S2. Ans. (e)

S3. Ans. (e)

S4. Ans.(b)

S5. Ans.(c)

S6. Ans.(c)

S7. Ans.(d)

S8. Ans.(b)

S9. Ans.(a)

S10. Ans.(d)