GK Expert Team Solutions for Exercise 1: OBJECTIVE TYPE QUESTIONS

The simple interest on a sum of money is ${\frac{4}{9}}^{th}$ the principal, and the number of years is equal to the rate of interest per annum. Find the rate of interest per annum.

If the interest is compounded half-yearly, find the CI on the sum of $Rs. 18500$ at the rate of$40\%$ p.a. for $18$ months.

A loan is discharged in three equal installments of $Rs. 133.10$ each. If the rate of interest is $10\%$, find the amount of loan.

If $₹1700$ be borrowed for $2$ years, to be repaid, with compound interest at $4\%$ in two equal annual installments, what must be the amount of each installment?

A lent B $Rs. 900$ for a certain time at a certain rate percent per annum, which is equal to the square root of the number of the months of the time. After the time B wanted to return the money, but A instead of taking the interest which amounted to $Rs. 48$ asked for a certain sum of money at the same rate for a certain number of years which is equal to the square root of the rate percent. Find the sum of money so that none of them should be the loser. (Take simple interest).

Divide $Rs. 3903$ between $A$ and $B$, so that $A$'s share at the end of $7$ years may be equal to $B$'s share at the end of $9$ years, compound interest being at $4\%$.

If $Rs. 3000$ amount to $Rs. 5333.33$  in $10$ years at compound interest, what will $Rs. 3000$ amount to in half that time?

A builder borrows $Rs. 1261$ from the bank to be paid back with compound interest at the rate of $5$ percent per annum by the end of $3$ years in $3$ equal yearly instalments. Find the value of each instalment.