Simple Interest Questions and Answers
Quantitative Aptitude - Simple Interest Questions with Answers improve understanding of interest calculations. Simple Interest Aptitude is essential for SBI Clerk, IBPS, and SSC exams, helping enhance speed and accuracy.
Simple Interest
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53 questions
51. 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 : 3
- 1 : 4
- 2 : 3
- Data inadequate
52. 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?
- Rs. 35
- Rs. 245
- Rs. 350
- Cannot be determined
53. A person borrows Rs. 5000 for 2 years at 4% p.a. simple interest. He immediately lends it to another person at 6 p.a for 2 years. Find his gain in the transaction per year.
- Rs. 112.50
- Rs. 125
- Rs. 150
- Rs. 67.50