Simple Interest (Railway Maths) (Part – IV)

Total Questions: 36

1. Rs. 800 becomes Rs. 956 in 3 years at a certain rate of Simple Interest. What is the rate? [RRB JE 31/05/2019 (Evening)]

Correct Answer: (d) 6.5%
Solution:

2. The repayment amount of a loan after 6 years at a rate of 24% Simple Interest is Rs. 73,200. What is the amount borrowed? [RRB JE 01/06/2019 (Morning)]

Correct Answer: (b) Rs. 30,000
Solution:

3. The difference between the Simple Interest on some principal at 8% for 8 months and 6% for 14 months is Rs. 200. What is the principle? [RRB JE 01/06/2019 (Morning)]

Correct Answer: (c) Rs. 12,000
Solution:

4. A sum of money was put at Simple Interest at a certain rate for 10 years. Had it been put at a 5% higher rate, the interest would be Rs. 1,200 more. What was the sum? [RRB JE 26/06/2019 (Morning)]

Correct Answer: (d) Rs. 2,400
Solution:

5. Find the Simple Interest on Rs. 5,000 at 6.25% per annum from 5th February 2017 to 19th April 2017. [RRB JE 26/06/2019 (Evening)]

Correct Answer: (a) Rs. 62.50
Solution:

6. If a sum becomes 4 times in 7 years, in what time will it become 16 times at the same rate of Simple Interest? [RRB JE 27/06/2019 (Evening)]

Correct Answer: (d) 35 years
Solution:

7. A sum of Rs. 800 becomes Rs. 956 in 3 years at some rate of Simple Interest. If the rate is increased by 4%, then what will be the gain in the investment? [RRB JE 28/06/2019 (Evening)]

Correct Answer: (b) Rs. 96
Solution:

8. The total simple interest received on a certain sum at the rate of 12% per annum in 5 years is Rs 4,800. What is the principal amount? [ALP Tier II 08/02/2019 (Morning) ]

Correct Answer: (c) ₹ 8,000
Solution:

9. Interest earned after investing in a simple interest for 5 years at a rate of 12% per annum is Rs. 3,720. Find the amount invested (in rupees)? [RPF Constable 17/01/2019 (Morning)]

Correct Answer: (d) 6,200
Solution:

10. Calculate the amount of money received (in rupees) after investing Rs. 7,400 on a simple interest at the rate of 12% per annum for 4 years. [RPF Constable 17/01/2019 (Morning)]

Correct Answer: (a) 10,952
Solution: