Quantitative Aptitude Simple Interest Question 6

Quantitative Aptitude – Simple Interest – Questions – 01

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1. The simple interest on a sum of money at 5% is Rs. 48 for 4 years. The simple interest on the same sum for 5 years at 4% will be:


2. A person takes a loan of Rs. 200 at 5% simple, interest. He returns Rs. 100 at the end of 1 year. In order to clear his dues at the end of 2 years, he would pay:


3. A sum of money at simple interest amounts to Rs. 2240 in 2 years and to Rs. 2600 in 5 years. What is the principal amount?


4. 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 :


5. A man invests a certain sum of money at 6% p.a. simple interest and’ another sum at 7% p.a. simple interest. His income from interest after 2 years was Rs. 354. One fourth of the first sum is equal to one fifth of the second sum. The total sum invested was:


6. A money lender finds that due to a fall in the rate of interest from 8% to 7 3/4 %, his yearly income diminishes by Rs. 61.50. His capital is:


7. If A lends Rs. 3500 to B at 10% p.a. and B lends the same sum to C at 11.5% p.a., then the gain of B (in Rs.) in a period of 3 years is:


8. 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 amount of interest can be received on the same sum after 5 years?


9. At the rate of 6 % p. a. simple interest, a sum of Rs. 2500 will earn bow much interest by the end of 5 years ?


10. The rate at which a sum becomes four times of itself in 15 years at S.I., will be:


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