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Quantitative Aptitude > Interest

SIMPLE & COMPOUND INTEREST MCQs

Compound Interest, Simple Interest, Interest (combined)


Total Questions : 1171 | Page 13 of 118 pages
Question 121. Rs. 1000 is invested at 5% per annum simple interest. If the interest is added to the principal after every 10 years, the amount will become Rs. 2000 after = ?
  1.    15 years
  2.    18 years
  3.    20 years
  4.    $$16\frac{2}{3}$$ years
 Discuss Question
Answer: Option D. -> $$16\frac{2}{3}$$ years
Question 122. A person invests money in three different schemes for 6 years, 10 years and 12 years at 10%, 12% and 15% simple interest respectively. At the completion of each scheme, he gets the same interest. The ratio of his investment is = ?
  1.    6 : 3 : 2
  2.    2 : 3 : 4
  3.    3 : 4 : 6
  4.    3 : 4 : 2
 Discuss Question
Answer: Option A. -> 6 : 3 : 2
Question 123. If the simple interest for 6 years be equal to 30% of the principal, it will be equal to the principal after = ?
  1.    20 years
  2.    30 years
  3.    10 years
  4.    22 years
 Discuss Question
Answer: Option A. -> 20 years
Question 124. The simple interest at x% for x years will be Rs. x on a sum of:
  1.    Rs. x
  2.    Rs. $$\frac{{100}}{x}$$
  3.    Rs. 100x
  4.    Rs. $$\frac{{100}}{{{x^2}}}$$
 Discuss Question
Answer: Option B. -> Rs. $$\frac{{100}}{x}$$
Question 125. Rs. 6200 amounts to Rs. 9176 in 4 years at simple interest. If the interest rate is increased by 3% it would amount to how much?
  1.    Rs. 8432
  2.    Rs. 9820
  3.    Rs. 9920
  4.    Rs. 10920
 Discuss Question
Answer: Option C. -> Rs. 9920
Question 126. The simple interest accrued on a certain principal in 5 years at the rate of 12 p.c.p.a. is Rs.1536. what amount of simple interest would one get if one invests Rs.1000 more than the previous principal for 2 years and at the same rate p.c.p.a. ?
  1.    Rs. 614.40
  2.    Rs. 845.40
  3.    Rs. 1536
  4.    Rs. 2136
  5.    None of these
 Discuss Question
Answer: Option E. -> None of these
Question 127. The simple interest on a certain sum of money at the rate of 5% p.a. for 8 years is Rs. 840. At what rate of interest the same account of interest can be received on the same sum after 5 years?
  1.    6%
  2.    8%
  3.    9%
  4.    10%
 Discuss Question
Answer: Option B. -> 8%
Question 128. Rs. 6000 becomes Rs. 7200 in 4 years. If the rate becomes 1.5 times of itself, the amount of the same principal in 5 years will be = ?
  1.    Rs. 8000
  2.    Rs. 8250
  3.    Rs. 9250
  4.    Rs. 9000
 Discuss Question
Answer: Option B. -> Rs. 8250
Question 129. Simple interest on Rs. 500 for 4 years at 6.25% per annum is equal to the simple interest on Rs. 400 at 5% per annum for a certain period of time. The period of time is = ?
  1.    4 years
  2.    5 years
  3.    $$6\frac{1}{4}$$ years
  4.    $$8\frac{2}{3}$$ years
 Discuss Question
Answer: Option C. -> $$6\frac{1}{4}$$ years
Question 130. With a given rate of simple interest, the ratio of principal and amount for a certain period of time is 4 : 5. After 3 years with the same rate of interest, the ratio of the principal and amount becomes 5 : 7. The rate of interest is = ?
  1.    4%
  2.    6%
  3.    5%
  4.    7%
 Discuss Question
Answer: Option C. -> 5%

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