Population
Growth
1. The
current Population of town is 10,000. If te population of the town is
increasing at the rate of 10% every year, then, the population of the town
after three years will be:
(a) 13000 (b) 13310 (c) 13300 (d) 13330
2. A person
lent a certain sum of money at 4% simple interest and in 8 year the interest
amounted to Rs. 340 less than the amount lent, find the sum lent.
(a) Rs. 400 (b) Rs. 450 (c) Rs. 500 (d) Rs. 600
3. A
borrower pays 18% interest per year on the first Rs. 600 he borrows and 15% per
year on the loan on the part of the loan in excess of Rs. 600. How much
interest will the borrower pay on the loan of Rs. 6000 for one year?
(a) 1,020 (b) 1,026 (c) 1,080 (d) 1,126
4. A sum
lent at 2% per anum will produce as much simle intrest in 2 years as Rs. 480
lent at 5% per annum will produce in 4 years. The sum is:
(a) Rs. 2, 000 (b) Rs. 2,200 (c) Rs. 2,400 (d) Rs. 3000
5. How many
years will a sum of money becomes doubles at 10% per annum simple interest?
(a) 5 years (b) 10 years (c) 15 years (d) 20 years
6. If the
compound interest on a certain sum of money fo 2 years at 10% per annum is Rs.
2200, the simple interest on it at the same rate for 2 years will be:
(a) Rs. 1000 (b) Rs. 1500 (c) Rs. 2000 (d) Rs. 2500
7. How many
years will a sum of money becomes double at 10% per annum simple intrest?
(a) 5 years (b) 8 years (c) 10 years (d) 20 years
8. The
difference between simple and compound interest in a certain sum in two years
at 15% per annum is Rs. 144. Then sum is:
(a) Rs. 6000 (b) Rs. 6200 (c) Rs. 6400 (d) Rs.6500
9. The
difference between simple and compound interest in a certain sum in 2 years at
12% per annum is Rs. 216. The sum is:
(a) Rs. 14500 (b) Rs. 15000 (c) Rs. 15500 (d)
Rs. 16000
10. A banker
pays Rs. 564 for a bill of Rs. 600 due 6 month hence. What is the percent per
annum the bank has deducted from the bill?
(a) 12% (b) 11% (c) 10% (d) 8%
Answer
|
1. (b) |
2. (a) |
3. (b) |
4. (c) |
5. (d) |
6. (c) |
7. (c) |
8. (c) |
9. (b) |
10. (b) |