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

Answer: Option A

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

Answer: Option D

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

Answer: Option C

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

Answer: Option D

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

Answer: Option C

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

Answer: Option D

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

Answer: Option B

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

Answer: Option B

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

Answer: Option B

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

Answer: Option C

If you are preparing for the below examinations then you will get definite Benefits from this Aptitude Question and Answers
section

Common Aptitude Test (CAT)

Bank Competitive Exam

UPSC Competitive Exams

SSC Competitive Exams

Defence Competitive Exams

L.I.C/ G. I.C Competitive Exams

Railway Competitive Exam

University Grants Commission (UGC)

Career Aptitude Test (IT Companies) and etc.

Test Name

:

Simple Interest

No. of Question

:

20

Test Duration

:

20 Minutes

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