Question : Sum INR 20,000 and INR 40,000 are given on simple interest at the rate of 10% and 15% per annum respectively for three years. What will be the total simple interest?

Option 1: INR 36,000

Option 2: INR 24,000

Option 3: INR 32,000

Option 4: INR 28,000

Question : P and Q start a shop with a capital of INR 1,50,000 and 4,50,000, respectively. After a year, out of the profit of INR 2,00,000, P gets his share of the profit plus some money as his salary which is not a part of the profit. If P gets a total of INR 90,000, what is the amount of salary (in INR ) that he received?

Option 1: 20,000

Option 2: 25,000

Option 3: 50,000

Option 4: 40,000

Question : Vipul and Manish invested the sum of INR 15,000 and INR 20,000 at the rate of 20% per annum and 30% per annum respectively on compound interest (compounding annually). If time period is 3 years for both, then what will be the total compound interest earned by Vipul and Manish?

Option 1: INR 32,480

Option 2: INR 31,688

Option 3: INR 29,460

Option 4: INR 34,860

Question : The rate of interest for the first 2 years is 6% p.a., for the next 3 years is 10% p.a., and for the period beyond 5 years is 12% p.a. If a person gets INR 12,771 as simple interest after 7 years, then how much money did he invest?

Option 1: INR 20,000

Option 2: INR 19,350

Option 3: INR 19,450

Option 4: INR 19,300

Question : A person deposited INR 500 for 3 years, INR 650 for 5 years, and INR 1,250 for 7 years. He received a total simple interest of INR 1,620. The rate of interest per annum is:

Option 1: 12%

Option 2: 13%

Option 3: 10.8%

Option 4: 11%