1. A person borrows Rs. 5000 for 2 years at 4% per annum simple interest. He immediately lends it to another person at 25/4% per annum for 2 years. Find his gain in the transaction per year. (1)
- 1. Rs. 112.50
- 2. Rs. 125
- 3. Rs. 150
- 4. Rs. 130
- 5. Rs. 140
2. The compound interest on a sum of money at 5% per annum for 3 years is Rs. 2522. What would be the simple interest on this sum at the same rate and for the same period? (2)
- 1. Rs. 2500
- 2. Rs. 2400
- 3. Rs. 2450
- 4. Rs. 2350
- 5. Rs. 2380
3. The simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 8000 for 2 years at 10% per annum. Find the sum on which simple interest is calculated. (1)
- 1. Rs. 3500
- 2. Rs. 3800
- 3. Rs. 4000
- 4. Rs. 3600
- 5. Rs. 3200
4. A started a work and left after working for 2 days. Then B was called and he finished the work in 9 days. Had A left the work after working for 3 days, B would have finished the remaining work in 6 days. In how many days they will finish the whole work? (2)
- 1. 5 days
- 2. 15/4 days
- 3. 20/3 days
- 4. 14/3 days
- 5. 7 days
5. A man undertakes to do a certain work in 150 days. He employs 200 men. He finds that only a quarter of the work is done in 50 days. The number of additional men that should be appointed so that the whole work will be finished in time is: (2)
- 1. 75
- 2. 100
- 3. 125
- 4. 50
- 5. 110