type 4 difference & equality of si rate & years Practice Questions Answers Test with Solutions & More Shortcuts

Question : 16 [SSC CPO S.I.2009]

The simple interest on a sum of money is $1/4$th of the principal and the number of years is equal to rate per cent per annum. The rate per cent is

a) 5%

b) 2.5%

c) 10%

d) 7.5%

Question : 17 [SSC CGL Prelim 2002]

A sum of Rs.1750 is divided into two parts such that the interests on the first part at 8% simple interest per annum and that on the other part at 6% simple interest per annum are equal. The interest on each part (In rupees) is

a) 65

b) 60

c) 40

d) 70

Question : 18 [SSC CPO S.I.2009]

Equal sum of money are lent to X and Y at 7.5% per annum for a period of 4 years and 5 years respectively. If the difference in interest, paid by them was Rs.150, the sum lent to each was

a) Rs.1000

b) Rs.500

c) Rs.3000

d) Rs.2000

Question : 19 [SSC CHSL 2010]

In how many years will the simple interest on a sum of money be equal to the principal at the rate of 16$2/3$% per annum ?

a) 5 years

b) 4 years

c) 8 years

d) 6 years

Question : 20 [SSC CHSL 2015]

The difference between simple interest and the true discount on Rs. 2400 due 4 years hence at 5% per annum simple interest is

a) Rs.70

b) Rs.30

c) Rs.50

d) Rs.80