Aptitude Preparation: Mock Test, IT Campus Placement, Aptitude Questions and Answers

Subject: Simple Interest 2

**Part 2: List for questions and answers of Simple Interest**

**Q1. Find the principle on a certain sum of money at 5% per annum for 2 2/5 years if the amount being Rs.1120?**

a) Rs.1000

b) Rs.1100

c) Rs.1050

d) Rs.1200

**Q2. What sum of money will produce Rs.70 as simple interest in 4 years at 3 1/2 percent?**

a) Rs.525

b) Rs.500

c) Rs.550

d) Rs.555

**Q3. At what rate percent on simple interest will Rs.750 amount to Rs.900 in 5 years?**

a) 5%

b) 3 1/2%

c) 4%

d) 5 1/2 %

**Q4. What is the rate percent when the simple interest on Rs.800 amount to Rs.160 in 4 Years?**

a) 5%

b) 6%

c) 4 1/2%

d) 3 1/2 %

**Q5. Find the simple interest on Rs.500 for 9 months at 6 paisa per month?**

a) Rs.345

b) Rs.270

c) Rs.275

d) Rs.324

**Q6. A certain sum amounts to Rs.1725 in 3 years and Rs.1875 in 5 years. Find the rate % per annum?**

a) 3%

b) 5%

c) 6%

d) 4%

**Q7. At what rate percent on simple interest will a sum of money double itself in 30 years?**

a) 3 1/3 %

b) 3 1/2%

c) 4 %

d) 4 1/2 %

**Q8. A certain sum of money at simple interest amounted Rs.840 in 10 years at 3% per annum, find the sum?**

a) Rs.500

b) Rs.515

c) Rs.525

d) None

**Q9. A certain sum of money at simple interest amounted Rs.840 in 10 years at 3% per annum, find the sum?**

a) Rs.500

b) Rs.515

c) Rs.525

d) None

**Q10. 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.800

b) Rs.900

c) Rs.1200

d) Rs.1500

**Q11. Sonika deposited Rs.8000 which amounted to Rs.9200 after 3 years at simple interest. Had the interest been 2% more. She would get how much?**

a) Rs.9680

b) Rs.9860

c) Rs.9380

d) Rs.9800

**Q12. If x is the interest on y and y is the interest on z, the rate and time is the same on both the cases. What is the relation between x, y and z?**

a) xyz = 1

b) X2 = yz

c) Y2 = xz

d) Z2 = xy

**Q13. Rs.2500 is divided into two parts such that if one part be put out at 5% simple interest and the other at 6%, the yearly annual income may be Rs.140. How much was lent at 5%?**

a) Rs.1500

b) Rs.1300

c) Rs.1200

d) Rs.1000

**Q14. If Re.1 amounts to Rs.9 over a period of 20 years. What is the rate of simple interest?**

a) 26 2/3 %

b) 30 %

c) 27 1/2%

d) 40 %

**Q15. If rupee one produces rupees nine over a period of 40 years, find the rate of simple interest?**

a) 20 %

b) 10 %

c) 15 %

d) 22 1/2%

**Q16. A certain sum of money doubles itself in 10 years in how much many years will it trible itself at the same rate?**

a) 20 years

b) 15 years

c) 30 years

d) 17 1/2 years

**Q17. Rs.1500 is divided into two parts such that if one part is invested at 6% and the other at 5% the whole annual interest from both the sum is Rs.85. How much was lent at 5%?**

a) Rs.1000

b) Rs.750

c) Rs.600

d) Rs.500

**Q18. In what time will Rs.4000 lent at 3% per annum on simple interest earn as much interest as Rs.5000 will earn in 5 years at 4% per annum on simple interest?**

a) 8 1/3 years

b) 9 years

c) 7 1/2 years

d) 7 1/3 years

**Q19. In how many years will a sum of money doubles itself at 5% per annum on simple interest?**

a) 22 years

b) 20 years

c) 21 years

d) 29 years

**Q20. A sum of money becomes triple itself in 5 years at simple interest. How many years will it become six times at the same rate?**

a) 12 1/2 years

b) 12 years

c) 11 1/2 years

d) 11 years

**Part 2: List for questions and answers of Simple Interest**

Q1. Answer: a

Q2. Answer: b

Q3. Answer: c

Q4. Answer: a

Q5. Answer: b

Q6. Answer: b

Q7. Answer: a

Q8. Answer: d

Q9. Answer: d

Q10. Answer: c

Q11. Answer: a

Q12. Answer: c

Q13. Answer: d

Q14. Answer: d

Q15. Answer: d

Q16. Answer: a

Q17. Answer: d

Q18. Answer: a

Q19. Answer: b

Q20. Answer: a