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Aptitude preparation

Aptitude on Simpleinterest

Aptitude questions and answers on Simpleinterest

1.

Find the time needed to get 81rs as interest, where 450rs is capital and 4.5% is the rate of interest?

A.

4 years

B.

2 years

C.

7 years

D.

9 years

2.

Khan took a handloan from Karim at rate of interest 12%p.a. If the total interest is 5400rs, then what will be the capital amount taken by Khan from Karim?

A.

Rs. 5000

B.

Rs. 15000

C.

Rs. 25000

D.

Rs. 35000

3.

A sum fetched a total simple interest of Rs. 116.25 at the rate of 11 p.c.p.a. in 5 years. What is the sum?

A.

Rs. 512

B.

Rs. 256

C.

Rs. 529

D.

Rs. 211

4.

The simple interest on Rs. 30 for 5 months at the rate of 6 paise per rupee per month is?

A.

Rs. 5

B.

Rs. 56

C.

Rs. 9

D.

Rs. 13

5.

The simple interest at a% for a years will be Rs. a on a principal amount =  ------- ?

A.

Rs. 105/a

B.

Rs. 120/a

C.

Rs. 100/a

D.

Rs. 30/a

6.

Calculate the simple interest earned on an amount of Rs. 2,00,800 in 9 months at the rate of 7 1/4 % p.a. ?

A.

Rs. 10918.5

B.

Rs. 10818.5

C.

Rs. 20918.5

D.

Rs. 20818.5

7.

A principle amount Rs12,500 becomes Rs 15,500 in 3years at the rate of ------- simple interest?

A.

2%

B.

5%

C.

8%

D.

12%

8.

What should be the least number of years in which the simple interest on Rs. 2600 at 6 2/3 % will be an exact number of rupees?

A.

2

B.

3

C.

4

D.

5

9.

A sum of money at simple interest amounts to Rs. 8150 in 3 years and to Rs. 8540 in 4 years. The sum is?

A.

Rs. 4512

B.

Rs. 6980

C.

Rs. 9834

D.

Rs. 7103

10.

In how many years will a sum of principal amount double itself at 15% per annum?

A.

6 2/3 years

B.

4 1/3 years

C.

1 2/6 years

D.

4 2/6 years

11.

The simple interest on a sum of money at 11% per annum for 7 years is half the sum. Find the sum ?

A.

24

B.

56

C.

89

D.

Data inadequate

12.

If the annual rate of simple interest increases from 10% to 12 1/2 % , Rohan’s yearly income increases by Rs. 1250. Find his principal amount (in Rs.) ?

A.

Rs 50,000

B.

Rs 40,000

C.

Rs 70,000

D.

None

13.

Karthik takes a loan of Rs. 2000 at 6% simple interest. He returns Rs. 1000 at the end of 1 year. In order to clear his dues at the end of 2 years, Karthik would pay?

A.

Rs. 180

B.

Rs. 1180

C.

Rs. 2180

D.

Rs. 3180

14.

The price of a Sofa set is Rs.12,000 is to be paid in 12 equal instalments .  If the rate of interest be 2% per year, Find the amount paid in each instalment?

A.

Rs. 1080

B.

Rs. 1180

C.

Rs. 1020

D.

Rs. 1089

15.

Calculate the  simple interest on Rs. 27,500 from March 9, 2003 to May 21, 2003 at 8 1/2 % rate will be?

A.

Rs. 512.50

B.

Rs. 378.50

C.

Rs. 467.50

D.

None

16.

A sum of Rs. 2800 gives a simple interest of Rs. 462 in 2 years and 4 months. The rate of interest per annum is?

A.

6%

B.

7%

C.

17%

D.

12%

17.

What is the present worth of Rs. 240 due in 2 years at 5% simple interest per annum?

A.

218.18

B.

214

C.

278.12

D.

345.12

18.

A sum of money lent out at simple interest amount to Rs. 820 after 2 years and to Rs. 1200 after a further period of 5 years. The sum is?

A.

Rs. 400

B.

Rs. 700

C.

Rs. 230

D.

Rs. 200

19.

The rate at which a sum becomes 5times of itself in 15 years at S.I., will be?

A.

26.66 %.

B.

56.12 %.

C.

34.95 %.

D.

12.09 %.