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Quantitative Aptitude > Interest

SIMPLE & COMPOUND INTEREST MCQs

Compound Interest, Simple Interest, Interest (combined)


Total Questions : 1171 | Page 17 of 118 pages
Question 161. A person deposits Rs. 500 in 4 years and Rs. 600 for 3 years at the same rate of simple interest in a bank. Altogether he received Rs. 190 as interest. The rate of simple interest per annum was = ?
  1.    4%
  2.    5%
  3.    2%
  4.    3%
 Discuss Question
Answer: Option B. -> 5%
Question 162. If the simple interest for 6 years be equal to 30% of the principal, it will be equal to the principal after
  1.    10 years
  2.    20 years
  3.    22 years
  4.    30 years
 Discuss Question
Answer: Option B. -> 20 years
Question 163. Simple interest on a certain sum at a certain annual rate of interest is $$\frac{1}{9}$$ of the sum. If the numbers representing rate percent and time in years be equal, then the rate of interest is -
  1.    $$3\frac{1}{3}$$ %
  2.    5%
  3.    $$6\frac{2}{3}$$ %
  4.    10%
 Discuss Question
Answer: Option A. -> $$3\frac{1}{3}$$ %
Question 164. If x, y, z are three sum of money such that y is the simple interest on x and z is the simple interest on y for the same time and at the same rate of interest, then what is the relation between x, y, z we have = ?
  1.    x2 = xy
  2.    xyz = 1
  3.    x2 = yz
  4.    y2 = zx
 Discuss Question
Answer: Option D. -> y2 = zx
Question 165. Nitin borrowed some money at the rate of 6% p.a. for the first three years, 9% p.a. for the next five years and 13% p.a. for the period beyond eight years. If the total interest paid by him at the end of eleven years is Rs. 8160, the money borrowed by him (in Rupees) was?
  1.    Rs. 12000
  2.    Rs. 6000
  3.    Rs. 8000
  4.    Rs. 10000
 Discuss Question
Answer: Option C. -> Rs. 8000
Question 166. A sum of Rs. 800 amounts to Rs. 920 in 3 years at the simple interest rate. If the rate is increased by 3% p.a. What will be the sum amount to in the same period ?
  1.    Rs. 992
  2.    Rs. 962
  3.    Rs. 942
  4.    Rs. 982
 Discuss Question
Answer: Option A. -> Rs. 992
Question 167. Simple interest on a certain amount is $$\frac{9}{{16}}$$ of the principal. If the numbers representing the rate of interest in percent and time in years be equal, then time, for which the principal is lent out, is -
  1.    $$5\frac{1}{2}$$ years
  2.    $$6\frac{1}{2}$$ years
  3.    7 years
  4.    $$7\frac{1}{2}$$ years
 Discuss Question
Answer: Option D. -> $$7\frac{1}{2}$$ years
Question 168. A lends Rs. 2500 to B and a certain sum to C at the same time at 7% p.a. simple interest. If after 4 years, A altogether receives Rs. 1120 as interest from B and C, then the sum lent to C is :
  1.    Rs. 700
  2.    Rs. 1500
  3.    Rs. 4000
  4.    Rs. 6500
 Discuss Question
Answer: Option B. -> Rs. 1500
Question 169. Rahul borrowed a sum of Rs. 1150 from Amit at the simple interest rate of 6 p.c.p.a. for 3 Years. He then added some more money to the borrowed sum and lent it to Sachin for the same time at 9 p.c.p.a simple interest. If Rahul gains Rs. 274.95 by way of interest on borrowed sum as well as his own amount from the whole transaction, then what is the sum lent by him to Sachin ?
  1.    Rs. 1200
  2.    Rs. 1285
  3.    Rs. 1690
  4.    Rs. 1785
  5.    None of these
 Discuss Question
Answer: Option D. -> Rs. 1785
Question 170. The amount Rs. 2100 become Rs. 2352 in 2 years at simple interest. If the interest rate is decreased by 1% , what is the new interest ?
  1.    Rs. 210
  2.    Rs. 220
  3.    Rs. 242
  4.    Rs. 252
 Discuss Question
Answer: Option A. -> Rs. 210

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