SJIT ECE PLACEMENT PRACTICE-6

The value of a sewing machine depreciates at the rate of 10 % after every year. If at the end of 3 years, its value is Rs. 8748, then find its purchase price.

• 8000

• 10000

• 12000

• 15000

Find the compound interest on Rs. 20,000 in 2 years at 4 % per annum, the interest being compounded half-yearly.

• Rs. 1648.64

• Rs. 1596.32

• Rs. 14826.56

• Rs. 11563.99

Find compound interest on Rs. 8500 at 4 % per annum for 2 years, compounded annually.

• Rs. 752.6

• Rs. 693.6

• Rs. 553.6

• Rs. 593.6

A certain sum amounts to Rs. 7000 in 2 years and to Rs. 8000 in 3 years. Find the sum.

• Rs. 6959.37

• Rs. 6459.37

• Rs. 5359.37

• Rs. 5759.37

The difference between C.I. and S.I. accrued on an amount of Rs. 20,000 in 2 years was Rs. 392. Find the rate of interest per annum.

• 11.5 %

• 13 %

• 14 %

• 12 %

Find the simple interest on Rs. 5000 at 6 % per annum for the period from 5^th Feb to 19^th April, 2015.

• Rs. 40

• Rs. 50

• Rs. 60

• Rs. 70

John took a loan of Rs. 1500 with simple interest for as many years as the rate of interest. If he paid Rs. 540 as interest at the end of loan period, what was the rate of interest?

• 2 %

• 3 %

• 4 %

• 6 %

Nikhil borrowed some money at the rate of interest 5 % p.a. for first 2 years, 8 % p.a. for next 5 years and 10 % p.a. for a period beyond 7 years. If he pays total interest of Rs. 8000 at the end of 10 years, then find the money Nikhil borrowed.

• Rs. 40,000

• Rs. 30,000

• Rs. 20,000

• Rs. 10,000

The S.I. on a certain sum of money for 4 years at 15 % per annum is Rs. 180 more than S.I. on same sum for 5 years at 10 % per annum. Find the sum.

• 1000

• 1200

• 1800

• 2000

A sum of Rs. 12,000 amounts to Rs. 15,000 in 4 years at the rate of simple interest. Find the rate of interest.

• 6.25 %

• 4.25 %

• 5.9 %

• 5 %