**Learn and Practice Free Simple Interest Set 2 questions **

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#### Ashok took a loan of Rs. 15000 for 3 years at simple interest. If the total interest paid is R. 2700, what is the rate of interest per annum?

Option 1: 5.4%

Option 2: 9%

Option 3: 6%

Option 4: 18%

Option 5:

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

Option 1: 12%

Option 2: 12.5%

Option 3: 50%

Option 4: 25%

Option 5:

#### The rate at which a sum becomes four times of itself in 15 years at S.I. will be

Option 1: 15%

Option 2: 20%

Option 3: 27%

Option 4: 17%

Option 5:

#### In what time will Rs. 500 give Rs. 50 as interest at the rate of 5% p.a. S.I. ?.

Option 1: 2 years

Option 2: 3 years

Option 3: 4 years

Option 4: 5 years

Option 5:

#### A sum of money doubles itself in 8 years at simple interest. What is the rate of interest ?

Option 1: 12%

Option 2: 12.5%

Option 3: 50%

Option 4: 25%

Option 5:

#### Rs. 800 amounts to Rs. 920 in 3 years at simple interest. If the interest rate is increased by 3%, it would amount to how much

Option 1: Rs. 992

Option 2: Rs. 1112

Option 3: Rs. 1056

Option 4: Rs. 1182

Option 5:

#### Avinash borrowed Rs. 5000 from Sanjay at simple interest. After 3 years, Sanjay got Rs. 300 more than what he had given to Avinash. What was the rate of interest per annum

Option 1: 2%

Option 2: 8%

Option 3: 10%

Option 4: 15%

Option 5:

#### The interest on a certain deposit at 4.5% p.a. is Rs. 202.50 in one year. How much will the additional interest in one year be on the same deposit at 5% p.a. ?.

Option 1: Rs. 22.5

Option 2: Rs. 225

Option 3: Rs. 20.25

Option 4: Rs. 427.50

Option 5:

#### Mohan borrowed some money at the rate of 5 % p. a. for the first two years, at a rate of 8 % p. a for the next three years, and at the rate of 10 % for the period beyond five years.. If he pays total interest of Rs. 12500 at the end of 8 years, how much mony did he borrows ?

Option 1: 19531.25

Option 2: 19135.25

Option 3: 19000.25

Option 4: 19875

Option 5:

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