Online Quantitative Aptitude Test On - Simple Interest - Online Test Part - 4

Simple Interest Online Test Part - 4

Exam Name - Quantitative Aptitude
Subject Name - Simple Interest
Exam Type - Multiple Choice Questions
No Of Questions - 10

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Question - 1:If Rs. 64 amount to Rs. 83.20 in 2 years, what will Rs. 86 amount to in 4 years at the same rate percent per annum ??

1. Rs. 127.40
2. Rs. 124.70
3. Rs. 114.80
4. Rs. 137.60

Show/Hide Answer

Answer = D - Rs. 137.60
Explanation: No Explanation

Question - 2:A man took loan from a bank at the rate of 12% p.a. simple interest. After 3 years he had to pay Rs. 5400 interest only for the period. The principal amount borrowed by him was: ?

1. Rs. 2000
2. Rs. 10,000
3. Rs. 15,000
4. Rs. 20,000

Show/Hide Answer

Answer = C - Rs. 15,000
Explanation: No Explanation

Question - 3:A certain amount earns simple interest of Rs. 1750 after 7 years. Had the interest been 2% more, how much more interest would it have earned? ?

1. Rs. 35
2. Rs. 245
3. Rs. 350
4. cannot be determined

Show/Hide Answer

Answer = D - cannot be determined
Explanation: We need to know the S.I., principal and time to find the rate.
Since the principal is not given, so data is inadequate.

Question - 4:At 5% per annum simple interest, Rahul borrowed Rs. 500. What amount will he pay to clear the debt after 4 years?

1. 750
2. 700
3. 600
4. 650

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Answer = C - 600
Explanation: No Explanation

Question - 5:The simple interest on a sum of money at 5% is Rs. 48 for 4 years. The simple interest on the same sum for 5 years at 4% will be : ?

1. Rs. 40
2. Rs. 48
3. Rs. 50
4. Rs. 60

Show/Hide Answer

Answer = B - Rs. 48
Explanation: No Explanation

Question - 6:A sum of money amounts to Rs. 9800 after 5 years and Rs. 12005 after 8 years at the same rate of simple interest. The rate of interest per annum is: ?

1. 5%
2. 8%
3. 12%
4. 15%

Show/Hide Answer

Answer = C - 12%
Explanation: No Explanation

Question - 7:What is the present worth of Rs. 132 due in 2 years at 5% simple interest per annum? ?

1. Rs. 112
2. Rs. 118.80
3. Rs. 122
4. Rs. 120

Show/Hide Answer

Answer = D - Rs. 120
Explanation: No Explanation

Question - 8:If a sum of money doubles itself in 8 years at simple interest, the ratepercent per annum is ?

1. 12
2. 12.5
3. 13
4. 13.5

Show/Hide Answer

Answer = B - 12.5
Explanation: No Explanation

Question - 9:a sum of money at simple interest amounts to Rs. 2240 in 2 years and to Rs. 2600 in 5 years. What is the principal amount ? ?

1. Rs. 1520
2. Rs. 1880
3. Rs. 2120
4. None

Show/Hide Answer

Answer = D - None
Explanation: No Explanation

Question - 10:What will be the ratio of simple interest earned by certain amount at the same rate of interest for 6 years and that for 9 years? ?

1. 2 : 3
2. 1 : 3
3. 1 : 4
4. None of these

Show/Hide Answer

Answer = A - 2 : 3
Explanation: No Explanation

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