Simple and compound interest Questions and answers

  1. Aptitude
    1. Compound interest
    2. Boat and Stream
    3. Trains
    4. Percentage
    5. Discount
    6. Mixture and Allegation
    7. Unitary Method
    8. Work and Wages
    9. Pipes and Cisterns
    10. Linear Equations
    11. Approximation
    12. Word problems
    13. Number System
    14. Time and Distance
    15. Average
    16. Ratio and Proportions
    17. Profit and Loss
    18. Partnership
    19. Permutation and combination
    20. Probability
    21. Problem on ages
    22. Time and work
    23. Simple and compound interest
    24. Mensuration
    25. Number series
1). What would be the simple interest accrued in 4 yr on a principle of RS. 18440 at the rate 15% per annum?
A). RS.11075
B). RS.12250
C). RS.11500
D). RS.11064
2). Rakesh lent out RS. 8750 at 7% annual interest. Find the simple interest in 3 yr.
A). RS.1870
B). RS.1837.50
C). RS.1560
D). RS.2200
3). What will be simple interest for 1 yr and 4 months on a sum of RS. 25800 at the rate of 14% per annum?
A). RS.4816
B). RS.2580
C). RS.4816.75
D). RS.4815
4). The sum which amounts to RS. 364.80 in 8 yr at 3.5% simple interest per annum is
A). RS.285
B). RS.280
C). RS.275
D). RS.270
5). A sum of Rs. 2668 amounts to Rs. 4669 in 5yr at the rate of simple interest. Find the rate per cent.
A). 15.20%
B). 14.90%
C). 16%
D). 15%


6). Find the difference in amount and principal for RS. 4000 at the rate of 5% annual interest in 4 yr.
A). RS.865.50
B). RS.865
C). RS.400
D). RS.800
7). Kriya deposits an amount of RS. 65800 to obtain a simple interest at the rate of 14% per annum for 4 yr. What total amount will Kriya get at the end of 4 yr?
A). RS.102648
B). RS.115246
C). RS.125578
D). RS.110324
8). A sum becomes its double in 10 yr. Find the annual rate of simple interest.
A). 1%
B). 5%
C). 10%
D). 20%
9). A certain sum becomes 3 fold at 4% annual rate of interest. At what rate, it will become 6 fold?
A). 10%
B). 12%
C). 8%
D). 9%
10). A sum becomes 6 fold at 5% per annum. At what rate, the sum becomes 12 fold?
A). 10%
B). 12%
C). 9%
D). 11%
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