HSSC CET (INTEREST) MATHS QUIZ

The 8% interest earned on a sum of money of ₹ 1,40,000 is to be used for awarding 20 scholarships of equal value every year in a school. What is the value (in ₹) of each scholarship?

A sum of ₹ 6,400 amounts to ₹ 8,848 in $4 \frac{1}{2}$ years at a certain rate per annum at simple interest. What will be the amount (in ₹) of a sum of ₹ 9,000 in $2 \frac{2}{5}$ years at the same rate at simple interest ?

If the sum of the simple interest on ₹ 16,400 for 3 years at the rate of interest R and that on ₹ 18,000 for 4 years at the same rate R is ₹ 10,302, then the value of R will be:

A sum of money lent at simple interest amounts to ₹ 7,920 in 2 years and to ₹ 11,220 after 5 more years. What is the rate of interest per annum?

The amount of a certain sum in 3 years at simple interest at $x \%$ p.a. is ₹ 5,472 and the amount of the same sum in $7 \frac{1}{2}$ years at the same rate, at simple interest is ₹ 6,930 . The value of $x$ is:

A sum fetched a simple interest of ₹ 3,040 at the rate of 8 %.p.a. in 5 years. What is the sum ?

The simple interest on a certain sum of money at the rate of 7.5% p.a. for 8 years is ₹ 4,080. At what rate of interest can the same amount of interest be received on the same sum for 5 years?

A sum was put at simple interest at a certain rate for 2 years. If it had been put at 4% higher rate, it would have fetched ₹ 480 more. Find the sum.

A money lender finds that due to a fall in the annual rate of interest from $10 \%$ to $8 \frac{3}{4} \%$, his year's income diminishes by ₹ $84.50$. Find his capital.