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Arithmetic Aptitude >> Simple Interest
1.  A sum was put at simple interest at a certain rate for 2 years. had it been put at 3 % higher rate. It would have  fetched Rs. 72 more. The sum is :
A. Rs. 1200 B. Rs. 1500
C. Rs. 1600 D. Rs. 1800
   
2.  In how many years will a sum of money double itself at 12% per annum ?

A. 6 years 9 months B. 7 years 6 months
C. 8 years 3 months D. 8 years 4 months
   
3.  If a sum of money doubles itself in 8 years at simple interest, the rate percent per annum is :
A. 11.5 B. 12
C. 12.5 D. 13
   
4.  If a sum of money at simple interest doubles in 6 years, it will become 4 times in :
A. 12 years B. 14 years
C. 16 years D. 18 years
   
5.  At a certain rate of simple interest, a certain sum doubles itself in 10 years. It will treble itself in :
A. 12 years B. 15 years
C. 20 years D. 30 years
   
6.  The simple interest on a sum of money at 8% per annum for 6 years is half the sum. The sum is
A. Rs. 4800 B. Rs.6000
C. Rs. 8000 D. Data inadequate
   
7.  A sum of money trebles itself in 15 years 6 months. In how many years would it doube itself ?
A. 6 years 3 months B. 7 years 9 months
C. 8 years 3 months D. 9 years 6 months
   
8.  What annual payment will discharge a debt of Rs. 580 due in 5 years, the rate being 8% per annum?
A. Rs. 65.60 B. Rs. 100
C. Rs. 166.40 D. Rs. 120
   
9.  The simple interest on a sum of money will be Rs. 600 after 10 years. If the principal is trebled after 5 years, what will be the total interest at the end of the tenth year ?
A. Rs. 600 B. Rs. 900
C. Rs. 1200 D. Datainadequate
   
10.  The rate of interest on a sum of money is 4% p.a. for the first 2 years 6% p.a. for the next 3 years and 8% p.a. for the period beyond 5 years. If the simple interest accured by the sum for a total period of 8 years is Rs. 1280, what is the sum ?
A. Rs. 1523 B. Rs. 1680
C. Rs. 2560 D. Rs. 2840
   
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  • University Grants Commission (UGC)
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Test Name : Simple Interest  
No. of Question : 20  
Test Duration : 20 Minutes  
 
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