** 1) Find the simple interest on Rs. 500 borrowed for 4 years at 11% per annum.**

(A) 120

(B) 180

(C) 220

(D) 280

** 2) Find the simple interest on a 90 day loan of Rs. 90,000 at 15 1/4%.**

(A) Rs. 313.10

(B) Rs. 323.10

(C) Rs. 333.10

(D) Rs. 343.10

** 3) Find the amount of money gained from an investment of Rs. 800 for 3 years at 10% per annum compound interest.**

(A) Rs. 1064.80

(B) Rs. 1284.80

(C) Rs. 1022.80

(D) Rs. 1562.80

** 4) A bank increased the rate of interest which it paid to depositors from 3.5% to 4% per annum. Find how much more interest a man would receive if he deposited Rs. 64000 in the bank for 6 moths at the new interest rate.**

(A) Rs. 160

(B) Rs. 180

(C) Rs. 200

(D) Rs. 220

** 5) The difference between simple and compound interest on Rs. 1625 for 3 years at 4% per annum in rupees is?**

(A) 7.95

(B) 7.90

(C) 7.70

(D) 7.75

** 6) The difference between simple and compound interest on a certain sum of money in two years at 15% per annum is Rs. 144. The sum in rupees is**

(A) 6000

(B) 6200

(C) 6400

(D) 6300

** 7) What is the compound interest on Rs. 2500 for 3 years at 12% per annum compounded yearly? Answer nearest to rupee**

(A) Rs. 1016

(B) Rs. 1014

(C) Rs. 1012

(D) Rs. 1010

** 8) A man bought a car for Rs. 3,30,000. He made a first payment of Rs. 1,20,000 and borrowed the rest from a bank at 10% per annum simple interest. At the end of the first year, he repaid a certain sum to the bank after which he still owed the bank Rs. 90,000. Calculate the sum he repaid.**

(A) Rs. 131,000

(B) Rs. 141,000

(C) Rs. 151,000

(D) Rs. 161,000