Question : Mohan lends Rs. 500 to John and a certain sum to Tom at the same time at a simple interest of 8% per annum. If in 4 years, he altogether receives Rs. 210 as interest from the two, then the sum of money he lent to Tom was:

Option 1: Rs. 144.75

Option 2: Rs. 148

Option 3: Rs. 156.25

Option 4: Rs. 165.50

Question : At a certain sum of money with the interest rate of 6% per annum for 4 years, the simple interest is Rs. 4500. Find the compound interest (compounding annually) of 2 years at the same sum when the rate of interest is 4% per annum.

Option 1: Rs. 1,530

Option 2: Rs. 1,430

Option 3: Rs. 1,830

Option 4: Rs. 1,560

Question : A person borrows Rs. 20000 at the rate of 6% per annum on simple interest for 3 years. He immediately lends it to another person at the rate of 8.5% per annum on simple interest for 3 years. What is the value of gain per year?

Option 1: Rs. 1500

Option 2: Rs. 500

Option 3: Rs. 800

Option 4: Rs. 200

Question : A sum of Rs. 2,000 becomes Rs. 3,120 in two years at a certain rate of simple interest. What is the rate of interest per annum?

Option 1: 34% per annum

Option 2: 33% per annum

Option 3: 30% per annum

Option 4: 28% per annum

Question : A certain sum was invested at the rate of 10% for 2 years at Compound interest and compounded annually. The same sum was invested for the same period and the same rate of interest at Simple interest. If the difference between Compound interest and Simple interest was Rs. 200 find the sum.

Option 1: Rs. 30,000

Option 2: Rs. 25,000

Option 3: Rs. 22,000

Option 4: Rs. 20,000

Question : The difference between the compound interest (compounding half-yearly) for 1 year and the simple interest for 1 year on a certain sum lent out at the annual rate of 10% is Rs, 25. What is the sum?

Option 1: Rs. 12000

Option 2: Rs. 6000

Option 3: Rs. 8000

Option 4: Rs. 10000