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Quantitative Aptitude > Interest

SIMPLE & COMPOUND INTEREST MCQs

Compound Interest, Simple Interest, Interest (combined)


Total Questions : 1171 | Page 12 of 118 pages
Question 111. Alipta got some amount of money from her father. In how many years will the ratio of the money and the interest obtained from it be 10 : 3 at 6% simple interest per annum ?
  1.    7 years
  2.    3 years
  3.    5 years
  4.    4 years
 Discuss Question
Answer: Option C. -> 5 years
Question 112. A sum of Rs. 3000 yields an interest of Rs. 1080 at 12% per annum simple interest in how many years ?
  1.    4 years
  2.    3 years
  3.    5 years
  4.    $$2\frac{1}{2}$$ years
 Discuss Question
Answer: Option B. -> 3 years
Question 113. A sum becomes its double in 10 years. Find the annual rate of simple interest.
  1.    8%
  2.    5%
  3.    10%
  4.    20%
 Discuss Question
Answer: Option C. -> 10%
Question 114. The interest earned on Rs. 15000 in 3 years at simple interest is Rs. 5400. Find the rate of interest per annum.
  1.    11.5%
  2.    12%
  3.    12.5%
  4.    15%
 Discuss Question
Answer: Option B. -> 12%
Question 115. The sum invested in scheme B is thrice the sum invested in scheme A. The investment in scheme A is made for 4 years at 8% p.a. simple interest and in scheme B for 2 years at 13% p.a. simple interest. The total interest earned from both the schemes is Rs. 1320. How much amount was invested in scheme A?
  1.    Rs. 1200
  2.    Rs. 1140
  3.    Rs. 960
  4.    Rs. 1500
 Discuss Question
Answer: Option A. -> Rs. 1200
Question 116. In simple interest rate per annum a certain sum amounts to Rs. 5182 in 2 years and Rs. 5832 in 3 years. The principal in rupees is = ?
  1.    Rs. 2882
  2.    Rs. 5000
  3.    Rs. 3882
  4.    Rs. 4000
 Discuss Question
Answer: Option C. -> Rs. 3882
Question 117. If a sum of money becomes Rs. 4000 in 2 years and Rs. 5500 in 4 years 6 months at the same rate of simple interest per annum. Then the rate of simple interest is = ?
  1.    $${\text{21}}\frac{3}{7}$$ %
  2.    $${\text{21}}\frac{2}{7}$$ %
  3.    $${\text{21}}\frac{1}{7}$$ %
  4.    $${\text{21}}\frac{5}{7}$$ %
 Discuss Question
Answer: Option A. -> $${\text{21}}\frac{3}{7}$$ %
Question 118. Rs. 260200 is divided between Ram and Shyam so that the amount that Ram receives in 3 years is the same as that Shyam receives in 6 years. If the interest is compounded annually at the rate of 4% per annum then Ram's share is = ?
  1.    Rs. 12500
  2.    Rs. 137745.02
  3.    Rs. 15200
  4.    Rs. 108200
 Discuss Question
Answer: Option B. -> Rs. 137745.02
Question 119. Veena obtained an amount of Rs. 8376 as simple interest on a certain amount at 8 p.c.p.a. after 6 years. what is the amount invested by veena?
  1.    Rs. 16660
  2.    Rs. 17180
  3.    Rs. 17450
  4.    Rs. 18110
  5.    None of these
 Discuss Question
Answer: Option C. -> Rs. 17450
Question 120. At which sum the simple interest at the rate of $$3\frac{3}{4}$$ % per annum will be Rs. 210 in $$2\frac{1}{3}$$ years?
  1.    Rs. 1580
  2.    Rs. 2400
  3.    Rs. 2800
  4.    None of these
 Discuss Question
Answer: Option B. -> Rs. 2400

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