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Question

A certain sum of money is lent out at simple interest. If that money becomes ₹24,000 in 2 years and ₹32,000 in 4 years, the annual rate of interest is:

The correct answer is

25%

By using the simple interest formula, the annual rate of interest is calculated as 25%.

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Important Questions from Seating arrangement

  1. Seven people A, B, C, D, E, F and G are sitting around a circular table, facing the centre (but not necessarily in the same order). A is sitting second to the right of E. Only one person is sitting between D and A. B is sitting third to the right of G. F is an immediate neighbour of B. How many people are sitting between D and E when counted from the left of E?

  2. Seven people A, B, C, D, E, F, and G are sitting around a circular table, facing the center (but not necessarily in the same order). C is sitting to the immediate right of E. D is sitting third to the left of C. A is the immediate neighbor of B and C. F is not the immediate neighbor of E. What is the position of G with respect to A?

  3. P, Q, R, S, T, U, V and W are sitting around a circular table facing the centre (but not necessarily in the same order).

    P is sitting to the immediate right of V and third to the left of U.

    S is sitting fourth to the right of Q, who is not an immediate neighbour of P and T.

    Q is sitting to the second right of U.

    R is sitting to the immediate right of Q and second to the left of P.

    How many people are sitting between R and T when counted from the left of T?

  4. Rajan, Pragyan, Kamal, Sachin, Ashok, Narendra, and Laksh are sitting around a circular table, facing the centre (but not necessarily in the same order).

    Rajan sits 3rd to the right of Narendra. Kamal sits 2nd to the right of Rajan.

    Ashok is an immediate neighbour of Narendra. Pragyan sits to the immediate right of Sachin.

    Who is sitting 3rd to the left of Narendra?

  5. P got married 15 years ago. Today her age is 135 times her age at the time of her marriage. At present her son’s age is 1⁄5 of her age. What was her son’s age 4 years ago as a fraction of P’s age at that time?

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