Fractions Test

Result

Fractions Test - 2

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Weekly Quiz Competition

Question 1
1 / -0

The simple interest on a sum of money will be Rs. 600 after 10 years. If the principal is tripled after 5 years, what will be the total interest at the end of the tenth year?

A
Rs. 600

B
Rs. 900

C
Rs. 1200

D
Data inadequate

Solution

Simple interest after 5 years = Rs. 300

Now, since the rate of interest for the next five years is the same as that for the last five years, interest for the next five years will depend upon the principal.
Now, the principal is tripled.

Therefore, the interest will also be tripled.
Thus, interest for the next five years = Rs. 900

Total interest at the end of 10 years = 300 + 900 = Rs. 1200
Question 2
1 / -0

The sum is invested at the simple interest payable annually. The interest in two successive years, starting from first year, was Rs. 500 and Rs. 540. Find the sum.

A
Rs. 5600

B
Rs. 5750

C
Rs. 6250

D
Rs. 7000