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Quantitative Aptitude > Interest

SIMPLE & COMPOUND INTEREST MCQs

Compound Interest, Simple Interest, Interest (combined)


Total Questions : 1171 | Page 14 of 118 pages
Question 131. If x, y, z are three sums of money such that y is the simple interest on x, z is the simple interest on y for the same time and at the same rate of interest, then we have.
  1.    x2 = yz
  2.    y2 = xz
  3.    z2 = xy
  4.    xyz = 1
 Discuss Question
Answer: Option B. -> y2 = xz
Question 132. Arun borrowed a sum of money from Jayant at the rate of 8% per annum simple interest for the first four years, 10% per annum for the next 6 years and 12% per annum for the period beyond 10 years. If he pays a total of Rs. 12160 as interest only at the end of 15 years, how much money did he borrow?
  1.    Rs. 8000
  2.    Rs. 9000
  3.    Rs. 10000
  4.    Rs. 12000
 Discuss Question
Answer: Option A. -> Rs. 8000
Question 133. Kruti took a loan at simple interest rate of 6 p.c.p.a. in the first year and it increased by 1.5 p.c.p.a. every year. If she pays Rs. 8190 as interest at the end of 3 years, what was her loan amount ?
  1.    Rs. 35400
  2.    Rs. 36000
  3.    Rs. 36800
  4.    Cannot be determined
  5.    None of these
 Discuss Question
Answer: Option E. -> None of these
Question 134. What equal installment of annual payment will discharge a debt which is due as Rs. 848 at the end of 4 years at 4% per annum simple interest ?
  1.    Rs. 212
  2.    Rs. 200
  3.    Rs. 250
  4.    Rs. 225
 Discuss Question
Answer: Option B. -> Rs. 200
Question 135. If Rs. 12000 is divided into two parts such that the simple interest on the first part for 3 years at 12% per annum is equal to the simple interest on the second part for $$4\frac{1}{2}$$ years at 16% per annum, the greater part is = ?
  1.    Rs. 8000
  2.    Rs. 6000
  3.    Rs. 7000
  4.    Rs. 7500
 Discuss Question
Answer: Option A. -> Rs. 8000
Question 136. A sum of money at a certain rate per annum of simple interest doubles in the 5 years and at a different rate becomes three times in 12 years. The lower rate of interest per annum is = ?
  1.    15%
  2.    20%
  3.    $${\text{15}}\frac{3}{4}$$ %
  4.    $$16\frac{2}{3}$$ %
 Discuss Question
Answer: Option D. -> $$16\frac{2}{3}$$ %
Question 137. An automobile financier claims to be lending money at simple interest, but he includes the interest every six months for calculating the principal. If he is charging an interest of 10%, the effective rate of interest becomes
  1.    10%
  2.    10.25%
  3.    10.5%
  4.    None of these
 Discuss Question
Answer: Option B. -> 10.25%
Question 138. A sum of money at simple interest amounts to Rs. 815 in 3 years and to Rs. 854 in 4 years. The sum is
  1.    Rs. 650
  2.    Rs. 690
  3.    Rs. 698
  4.    Rs. 700
 Discuss Question
Answer: Option C. -> Rs. 698
Question 139. The simple interest on a sum of money is $$\frac{1}{4}$$ of the principal and the number of years is equal to rate percent per annum. The rate percent is = ?
  1.    2.5%
  2.    5%
  3.    7.5%
  4.    10%
 Discuss Question
Answer: Option B. -> 5%
Question 140. A lent Rs. 5000 to B for 2 years and Rs. 3000 to C for 4 years on simple interest at the same rate of interest and received Rs. 2200 in all from both as interest. The rate of interest per annum is = ?
  1.    7%
  2.    5%
  3.    $$7\frac{1}{8}$$ %
  4.    10%
 Discuss Question
Answer: Option D. -> 10%

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