7TH CPP 12
7TH CPP 12
8. The value of a machine depreciates every year by 5% . if the present value of the machine is Rs
100000, what will be its value after two years ?
a) Rs 100050 b) Rs 90250 c) Rs 99250 d) Rs 96150
9. A shopkeeper sold two watches for Rs 425 each, gaining 10% on one and losing 10% on the other.
Which of the following is true ?
a) he gains 1% b) he loses 1% c) either (A) or (B) d) neither (A) nor (B)
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10. Sneha bought a purse for Rs 480. She sold it to Neha at a gain of 6 4 % and Neha sold it to Devi at a
gain of 10% . How much did Devi pay for it ?
a) Rs 516 b) Rs 560 c) Rs 550 d) Rs 525
11. A milkman borrowed Rs 2500 from two money lenders. For one loan, he paid 5% p.a. and for the
other, he paid 7% p.a. the total interest paid after two years was Rs 275. Calculate the money he
borrowed at 7% interest
a) Rs 1875 b) Rs 1000 c) Rs 625 d) Rs 1200
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12. Of a certain sum, is invested at 3% , at 6% and the rest at 8% . if the S.I. for 2 years from all
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these investments amounts to Rs 600, what was the original sum ?
a) Rs 2000 b) Rs 3000 c) Rs 4000 d) Rs 5000
13. A certain sum of money lent out at a certain rate of interest per annum, doubles itself in 10 years. In
how many years will it triple itself?
a) 20 years b) 16 years c) 12 years d) 10 years
14. Divide Rs 8000 into two parts so that the S.I. on the first part for 5 years at 12% per annum is equal
to S.I. on the second part for 2 years at 18% per annum
a) Rs 2000, Rs 6000 b) Rs 5000, Rs 3000 c) Rs 4000, Rs 4000 d) Rs 3000 Rs. 5000
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15. Find the principal if S.I. is Rs 31.50, time period is 1 4 years and rate percent per annum is 5 4 %
18. A sum of money at simple interest doubles itself in 8 years 4 months. What is the time for which it
triples itself ?
a) 18 years 6 months b) 16 years 8 months c) 15 years 8 months d) 16 years 10 months
19. Guru and Chiru borrowed Rs 2250 and Rs 2500 respectively at the same rate of simple interest for 3
years. If the interest paid by Chiru is Rs 45 more than that paid by Guru , what is the rate of interest
per annum ?
a) 3% p.a. b) 4% p.a. c) 5% p.a. d) 6% p.a.
20. How many times will the sum get multiplied in 10 years at 20% per annum rate of interest?
a) 2 times b) 3 times c) 4 times d) 5 times