**1.**A sum becomes double in 8 years. Find the rate of simple interest per annum.

(A)
10%

(B)
12.5%

(C)
15%

(D)
20%

**2.**The compound interest on Rs.1800 at 10% per annum for a certain period of time is Rs.378. Find the time (in years).

(A)
3 years

(B)
2.5 years

(C)
2 years

(D)
1.5 years

**3.**The simple interest on Rs.4000 in 3 years at the rate of x% per annum equals the simple interest on Rs.5000 at the rate of 12% per annum in 2 years. What is the value of x?

(A)
10

(B)
6

(C)
8

(D)
9

**4.**A certain amount of money earns Rs.5400 as simple interest in 3 years. If it earns a compound interest of Rs.3762 at the same rate of interest in 2 years. Find the amount of investment.

(A)
Rs.21000

(B)
Rs.16000

(C)
Rs.18000

(D)
Rs.20000

**5.**The difference between the compound interest and the simple interest on a certain sum of money at 20% per annum for 2 years is Rs.480. What is the sum of money?

(A)
Rs.10000

(B)
Rs.12000

(C)
Rs.15000

(D)
Rs.20000

**6.**If the simple interest on a certain sum of money for 3 years at the rate of 10.75% per annum is Rs.19350, what will be the compound interest on the same sum of money for the same period at the rate of 10% per annum?

(A)
Rs.21504.66

(B)
Rs.21405

(C)
Rs.19860

(D)
Rs.20505

__Answers:__
1. (B)

2. (C)

3. (A)

4. (D)

5. (B)

6. (C)

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