### Quantitative Aptitude

## INTEREST MCQs

### Total Questions : 101

**Page 1 of 6 pages**

**Tushar borrowed a sum of Rs. 12000 at 15% per annum from a money - lender on 13th January, 1987 and return the amount on 8th June, 1987 to clear his debt. Then the amount paid by Tushar to the money - lender to clear his debt was = ?**

__Question 1.__- Rs. 15000
- Rs. 11394
- Rs. 12720
- Rs. 13650

**Answer: Option C**

**Vishwas borrowed a total amount of Rs. 30000, part of it on simple interest rate of 12 p.c.p.a. and remaining on simple interest rate of 10 p.c.p.a. If at the end of 2 year she paid in all Rs. 36480 to settle the loan amount, what was the amount borrowed at 12 p.c.p.a ?**

__Question 2.__- Rs. 12000
- Rs. 16000
- Rs. 17500
- Rs. 18000

**Answer: Option A**

**A sum of Rs. 18750 is left by a will by a father to be divided between the two sons, 12 and 14 years of age, so that when they attain maturity at 18, the amount (principal + interest) received by each at 5 percent simple interest will be the same. Find the sum alloted at present to each son.**

__Question 3.__- Rs. 9500, Rs. 9250
- Rs. 8000, Rs. 1750
- Rs. 9000, Rs. 9750
- None of these

**Answer: Option C**

**I had Rs. 10000 with me. Out of this money I lent some money to A for 2 years @ 15% simple interest. I lent the remaining money to B for an equal number of years @18% simple interest. After 2 years, I found that A had given me Rs. 360 more as interest as compared to B. The amount of money which I had lent to B must have been.**

__Question 4.__- Rs. 2000
- Rs. 3000
- Rs. 4000
- Rs. 5000

**Answer: Option C**

**An amount of Rs. 1,00,000 is invested in two types of shares. The first yields an interest of 9% p.a. and second, 11% p.a. If the total interest at the end of one year is $$9\frac{3}{4}$$ %, then the amount invested in each share was -**

__Question 8.__- Rs. 52, 500; Rs. 47, 500
- Rs. 62, 500; Rs. 37, 500
- Rs. 72, 500; Rs. 27, 500
- Rs. 82, 500; Rs. 17, 500

**Answer: Option B**

**A sum of Rs. 1440 is lent out in three parts in such away that the interests on first part at 2% for 3 years, second part at 3% for 4 years and third part at 4% for 5 years are equal. Then the difference between the largest and the smallest sum is -**

__Question 10.__- Rs. 200
- Rs. 400
- Rs. 460
- Rs. 560

**Answer: Option D**

**A person invests money in three different schemes for 6 years, 10 years and 12 years at 10 percent, 12 percent and 15 percent simple interest respectively. At the completion of each scheme, he gets the same interest. The ratio of his investment is**

__Question 14.__- 2 : 3 : 4
- 4 : 3 : 2
- 3 : 4 : 6
- 6 : 3 : 2

**Answer: Option D**

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