CUET General Test - The simple interest of an amount is 16/25 of the principal. Find the rate % PA, if the time and rate both are numerically equal. | PYQs + Solutions

CUET General Test 2022 20 Aug Shift 1

Arithmetic

Medium

8 %

4 %

12 %

16 %

✅ Correct Option: 1

Related questions:

2 June Shift 2

A sum of ₹ 5500 is lent out in two parts in such a way that the interest on one part at 12% for 4 years is equal to that on another part at 8% for 5 years. What will be the two parts of the sum?

19 June Shift 1

A woman wants to give Rs 32,800 to her two grand children aged 17 years and 18 years. They must get the annual amounts when they are 20 years at 5% p.a. compound interest. Find the present share of the younger grand child.

20 May Shift 2

Consider the compound interest in the following cases:

(A) The compound interest on Rs 16000 at 20% per annum for 9 months, compounded quarterly is Rs. 2500

(B) The compound interest on Rs 2800 at 10% per annum for 18 months is Rs. 434.

Choose the correct statement(s):

CUET General Test 2022 20 Aug Shift 1 PYQs

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