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Quantitative Aptitude > Interest

SIMPLE & COMPOUND INTEREST MCQs

Compound Interest, Simple Interest, Interest (combined)


Total Questions : 1171 | Page 18 of 118 pages
Question 171. A some of money lent out at simple interest amount to Rs. 720 after 2 years and Rs. 1020 after a further period of 5 years. Find the principal ?
  1.    Rs. 6000
  2.    Rs. 600
  3.    Rs. 1740
  4.    Rs. 120
 Discuss Question
Answer: Option B. -> Rs. 600
Question 172. Ram deposited a certain sum of money in a company at 12% per annum simple interest for 4 years and deposited equal amounts in fixed deposit in a bank for 5 years at 15% per annum simple interest. If the difference in the interest from two sources is Rs. 1350 then the sum deposited in each case is = ?
  1.    Rs. 3000
  2.    Rs. 4000
  3.    Rs. 6500
  4.    Rs. 5000
 Discuss Question
Answer: Option D. -> Rs. 5000
Question 173. A person invested some account at the rate of 12% simple interest and a certain amount at rate of 10% simple interest. He received yearly interest of Rs. 130. But if he had interchanged the amounts invested,he would have received Rs. 4 more as interest. How much did he invest at 12% simple interest ?
  1.    Rs. 400
  2.    Rs. 500
  3.    Rs. 700
  4.    Rs. 800
 Discuss Question
Answer: Option B. -> Rs. 500
Question 174. Two equal sums of money are lent at the same time at 8% and 7% per annum simple interest. The former is recovered 6 months earlier than the latter and the amount in each case is Rs. 2560. The sum and the time for which the sums of money are lent out are.
  1.    Rs. 2000, 3.5 years and 4 years
  2.    Rs. 1500, 3.5 years and 4 years
  3.    Rs. 2000, 4 years and 5.5 years
  4.    Rs. 3000, 4 years and 4.5 years
 Discuss Question
Answer: Option A. -> Rs. 2000, 3.5 years and 4 years
Question 175. A sum of Rs. 7930 is divided into 3 parts and given at loan at 5% simple interest to A, B and C for 2, 3 and 4 years respectively. If the amounts of all three are equal after their respective periods of loan, then the A received a loan of = ?
  1.    Rs. 2800
  2.    Rs. 3050
  3.    Rs. 2750
  4.    Rs. 2760
 Discuss Question
Answer: Option D. -> Rs. 2760
Question 176. The principal which gives Rs 1 interest per day at a rate of 5% simple interest per annum is = ?
  1.    Rs. 5000
  2.    Rs. 35500
  3.    Rs. 7300
  4.    Rs. 3650
 Discuss Question
Answer: Option C. -> Rs. 7300
Question 177. Arvind deposited a sum of money with a bank on 1st january, 2012 at 8% simple interest per annum. He received an amount 3144 on 7th August, 2012. The money he deposited with the bank was = ?
  1.    Rs. 3080
  2.    Rs. 2500
  3.    Rs. 3000
  4.    Rs. 3100
 Discuss Question
Answer: Option C. -> Rs. 3000
Question 178. A man invested Rs. 5000 at some rate of simple interest and Rs. 4000 at 1 percent higher rate of interest. If the interest in both the cases after 4 years is same, the rate of interest in the former case is
  1.    4% p.a.
  2.    5% p.a.
  3.    $$6\frac{1}{4}$$ % p.a.
  4.    $$8\frac{1}{3}$$ % p.a.
 Discuss Question
Answer: Option A. -> 4% p.a.
Question 179. A sum was put at simple interest at a certain rate for 3 years. Had it been put at 1% higher rate, it would have fetched Rs. 5100 more. The sum is
  1.    Rs. 1, 20, 000
  2.    Rs. 1, 25, 000
  3.    Rs. 1, 50, 000
  4.    Rs. 1, 70, 000
 Discuss Question
Answer: Option D. -> Rs. 1, 70, 000
Question 180. 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. 200
  2.    Rs. 212
  3.    Rs. 225
  4.    Rs. 250
 Discuss Question
Answer: Option A. -> Rs. 200

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