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

Question : 21 [SSC CGL Prelim 2005]

A sum of Rs.1500 is lent out in two parts in such a way that the simple interest on one part at 10% per annum for 5 years is equal to that on another part at 12.5% per annum for 4 years. The sum lent out at 12.5% is :

a) Rs.1000

b) Rs.500

c) Rs.1250

d) Rs.750

Question : 22 [SSC CGL Prelim 2004]

Mohan lent some amount of money at 9% simple interest and an equal amount of money at 10% simple interest each for two years. If his total interest was Rs. 760, what amount was lent in each case ?

a) Rs.1800

b) Rs.1700

c) Rs.2000

d) Rs.1900

Question : 23 [SSC CGL Prelim 2007]

Simple interest on Rs.500 for 4 years at 6.25% per annum is equal to the simple interest on Rs.400 at 5% per annum for a certain period of time. The period of time is

a) 5 years

b) 4 years

c) 8$2/3$ years

d) 6$1/4$ years

Question : 24 [SSC CPO S.I.2006]

If the simple interest for 6 years be equal to 30% of the principal, it will be equal to the principal after

a) 30 years

b) 20 years

c) 22 years

d) 10 years

Question : 25 [SSC CHSL 2012]

The difference between the simple interest received from two different banks on Rs.500 for 2 years is Rs.2.50. The difference between their (per annum) rate of interest is :

a) 0.25%

b) 0.10%

c) 1.00%

d) 0.50%