New Pattern Quant Questions | SBI PO 2017 | 16 - MAR - 17

1. A certain amount earns simple interest of Rs. 1,750 after 7 years. Had the interest been 2 % more, how much more interest would it have earned? 

1) Rs. 35 2) Rs. 350 3) Rs. 245 4) Cannot be determined 5) None of these 

2. Vishwas borrowed a total amount of Rs. 30,000 part of it on simple interest, rate of 12 p.c.p.a. and remaining on simple interest rate of 10 p.c.p.a. If at the end of 2 years he paid in all Rs. 36,480 to settle the loan amount, then what was the amount borrowed at 12 p.c.p.a?

1) Rs. 16000 2) Rs. 18000 3) Rs. 17500 4) Rs. 12000 5) None of these 

3. The simple interest accrued on an amount of Rs. 2,500 at the end of six years is Rs. 1,875. Then what would be the simple interest accrued on an amount of Rs. 6,875 at the same rate and same period? 

1) Rs. 4,556.5 2) Rs. 5,025.25 3) Rs. 4,895.25 4) Rs. 5,245.5 5) None of these 

4. What amount a man would have received on a principal of Rs. 4,000 after two years at simple interest at the rate of 5 percent per annum? 

1) Rs. 4,161 2) Rs. 5,200 3) Rs. 4,400 4) Rs. 4,100 5) Rs. 4,190 

5. Shamita took a loan at simple interest rate of 6 p.c.p.a. in the first year and it increased by 1.5 p.c.p.a. every year. If she pays Rs. 8,190 as interest at the end of 3 years, what was her loan amount?

1) Rs. 36000 2) Rs. 35400 3) Rs. 36800 4) Cannot be determined 5) None of these 

6. Arun invested a sum of money at a certain rate of simple interest for a period of four years. He had invested the same sum for a period of six years the total interest earned by him would have been fifty percent more than the earlier interest amount. Then what was the rate of interest percent per annum? 

1) 4 2) 8 3) 5 4) Cannot be determined 5) None of these 

7. The simple interest accrued on a sum of certain principal is Rs. 1,200 in four years at the rate of 8 p.c.p.a. Then what would be the simple interest accrued on thrice of that principal at the rate of 6 p.c.p.a. in 3 years? 

1) Rs. 2,025 2) Rs. 3,025 3) Rs. 2,250 4) Rs. 2,150 5) None of these 

8. What total amount would Mithilesh get at the end of three years if he invests an amount of Rs. 11,200 in a scheme which offers simple interest at the rate of 8.5 p.c.p.a. for three years? 

1) Rs. 14,056 2) Rs. 14,348 3) Rs. 13,852 4) Rs. 15,064 5) None of these

9. Ravi borrowed some money at the rate of 4 p.c.p.a. for the first three years, at the rate of 8 p.c.p.a. for the next two years and at the rate of 9 p.c.p.a. for the period beyond 5 years. If he pays a total simple interest of Rs. 19,550 at the end of 7 years, how much money did he borrow? 

1) Rs. 39,500 2) Rs. 42,500 3) Rs. 41,900 4) Rs. 43,000

10. Mr. A lends 40 % of sum at 15% p.a. 50% of rest sum at 10% p.a. and the rest at 18% p.a. rate of interest. Then what would be the rate of interest if the interest is calculated on the whole sum? 

1) 13.4% p.a. 2) 14.33% p.a. 3) 14.4% p.a. 4) 13.33% p.a. 5) None of these

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