Q1
Q1 A sum of Rs 12,500 amounts to Rs. 15,500 in the 4 years at the rate of simple interest. Find the rate percent
3%
4%
5%
6%
Q2
Q2 Rs. 800 becomes Rs. 956 in 3 years at a certain rate of simple interest. If the rate of interest is increased by 4%, what amount will Rs. 800 become in 3 years.
952
752
1052
156
Q3
Q3 In how many years Rs 150 will produce the same interest at 8% as Rs. 800 produce in 3 years at 9/2%
9
7
5
8
Q4
Q4 A sum of money amounts to Rs 9800 after 5 years and Rs 12005 after 8 years at the same rate of simple interest. The rate of interest per annum is
5%
8%
12%
15%
Q5
Q5 The rate of interest for the first 2 years is 4% per annum, for the next 3 years is 7.5% per annum and for the period beyond 5 years 12.5% per annum. If a man gets Rs 1075 as a simple interest for 6 years, how much money did he deposit?
2500
3000
3500
4000
Q6
Q6 Satish took a loan at 10% p.a. S.I. After 4 years, he returned the principal along with the interest. If he returns in all Rs. 3500, what is the principal amount?
2500
3000
3500
4000
Q7
Q7 Find the simple interest on Rs 7000 at 50/3 % for 9 months
765
830
735
875
Q8
Q8 Find the simple interest on the Rs. 2000 at 25/4% per annum for the period from 4th Feb 2005 to 18th April 2005
25
30
35
40
Q9
Q9 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
150
257.75
175.25
157.5
Q10
Q10 At what rate percent per annum will the simple interest on a sum of money be 2/5 of the amount in 10 years
5
10
4
8
Practice Simple Interest Questions & Answers
The more questions a candidate answers, the better their understanding of the Simple Interest concepts and their ability to answer quickly and accurately.
Importance: Medium
Difficulty level: 1 out of 5 (Easy)
Examination- SSC, Banking, GMAT, GRE, SAT, CAT, etc.
Parent section: Quantitative Aptitude
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