A. Rs. 112
B. Rs. 118.80
C. Rs. 120
D. Rs. 122
What is the present worth (principal) of Rs. 132 due in 2 years at 5% per annum simple interest?
Category: Arithmetic/ Basic Math
A father left a will of Rs. 35 lakhs to be divided between his two daughters, aged 8.5 and 16 years, so that they receive equal amounts when each reaches 21 years. The sum is to be invested at 10% per annum simple interest. How much did the elder daughter receive at the time of the will?
A. Rs. 17.5 lakhs
B. Rs. 21 lakhs
C. Rs. 15 lakhs
D. Rs. 20 lakhs
An amount of Rs. 5,000 is invested at a fixed rate of 8% per annum. What will be the value of the investment after 5 years if the interest is compounded semi-annually?
A. Rs. 7,401.22
B. Rs. 3,456
C. Rs. 4,567
D. Rs. 7,890
The simple interest on Rs. 500 at 6% per annum from May 3rd to July 15th of the same year is:
A. Rs. 8
B. Rs. 6
C. Rs. 4
D. Rs. 9
A sum of money was invested at simple interest for 2 years. If the rate had been 4% higher, it would have earned Rs. 60 more. What is the principal (sum)?
A. Rs. 750
B. Rs. 700
C. Rs. 820
D. Rs. 940
How much time will it take for Rs. 900 to earn Rs. 81 as simple interest at 4.5% per annum?
A. 2 years
B. 3 years
C. 1 year
D. 4 years
