141)

Find the annual installment that will discharge a debt of Rs 12900 due in 4 years at 5% per annum simple interest.

A)

2400/-

B)

2750/-

C)

3000/-

D)

3200/-

142)

Find the quarterly instalment that will discharge a debt of Rs 2120 due in 1 years at 16% per annum simple interest.

A)

500/-

B)

550/-

C)

600/-

D)

640/-

143)

A person borrows Rs 4000 from a bank at 7 ½% per annum compound interest, compounded annually. At the end of every year, he pays Rs 1500 as part of the repayment of loan & interest. How much does he still owe to the bank after 3 such installments?

A)

Rs.123.25

B)

Rs.125

C)

Rs.400

D)

Rs.469.18

144)

The price of a T.V. set worth Rs. 20,000 is to be paid in 20 installments of Rs. 1000 each. If the rate of interest be 6% per annum, and the first installment be paid at the time of purchase, then the value of the last installment covering the interest as well will be

A)

Rs. 1050

B)

Rs. 2050

C)

Rs. 3000

D)

None of these 

145)

A certain sum of money lent at simple interest amounts to Rs. 1,200 in 2 years and Rs. 1,600 in 4 years. The rate per cent per annum is :

SSC CGL 2022

A)

25%

B)

30%

C)

20%

D)

16%

146)

A person borrowed ₹2,000 at 5% annual simple interest repayable in 3 equal annual installments. What will be the annual installment?

SSC CGL 2022

A)

\(₹640 \frac{11}{63}\)

B)

\(₹840 \frac{9}{61}\)

C)

\(₹730 \frac{10}{63}\)

D)

\(₹250 \frac{10}{63}\)

147)

A sum of Rs. 10 is lent by a child to his friend to be returned in 11 monthly instalments of Rs. 1 each, the interest being simple. The rate of interest is:

SSC CGL 2022

A)

\(10{ 2 \over 11} %\)%

B)

\(21{ 9 \over 11} %\)%

C)

\(11{ 9 \over 11} %\)%

D)

\(9{ 1 \over 11} \)%

148)

The monthly income of Mr. Roy is Rs. 18,000. He took a loan of Rs. 30,000 on simple interest for 3 years at the rate of 5% per annum. The amount that he will be paying as simple interest in 3 years is what percent of his monthly salary?

SSC CGL 2022

A)

20%

B)

35%

C)

30%

D)

25%

149)

A person borrows Rs. 1,00,000 from a bank at 10% per annum simple interest and clears the debt in five years. If the installment paid at the end of the first, second, third and fourth years to clear the debt are Rs. 10,000, Rs. 20,000, Rs. 30,000 and Rs. 40,000, respectively, what amount should be paid at the end of the fifth year to clear the debt?

SSC CGL 2022

A)

Rs. 40,450

B)

Rs. 39,490

C)

Rs. 38,250

D)

Rs. 36,450

150)

What is the rate of interest per annum for simple interest at which Rs. 880 amounts to Rs. 913 in \(1 \frac{1}{2}\) years?

SSC CGL 2022

A)

\(2\frac{1}{2}\) %

B)

\(2\frac{1}{4}\) %

C)

\(2\frac{2}{3}\) %

D)

\(2\frac{1}{3}\) %