Vidyalelo
Aptitude · all questions

Interest
practice.

Practice every MCQ with options. Use Show answers when you want the correct option and solution.

219

Questions

10/11

Page

Pick an option on a question to see the right answer and solution.

A borrows a sum of Rs. 90,000 for 4 years at 5% simple interest. He lends it to B at 7% for 4 years at simple interest. What is his gain (in Rs.)?

Select an option to see the answer and solution.

A person borrowed 2,000 at 5% annual simple interest repayable in 3 equal annual installments. What will be the annual installment?

Select an option to see the answer and solution.

A milkman borrowed a sum of Rs. 2,500 from two money lenders for one loan on simple interest at the rate of 5% and 7%, respectively, for a period of 2 years. If the total interest paid by him was Rs. 276, then how much did he borrow at the rate of 7% p.a.?

Select an option to see the answer and solution.

A sum of Rs. 12,800 is invested separately at 15% per annum and the remaining at 12% per annum simple interest. If the total interest at the end of 3 years is Rs. 5,085, then how much money was invested at 15% per annum?

Select an option to see the answer and solution.

A Sum of Rs. 10,500 amounts to Rs. 13,825 in  years at a certain rate percent per annum simple interest. What will be the simple interest on the same sum for 5 years at double the earlier rate?

Select an option to see the answer and solution.

A man has Rs. 10,000. He lent a part of it at 15% simple interest and the remaining at 10% simple interest. The total Interest he received after 5 years amount to Rs. 6,500. The difference between the parts of the amounts he lent is:

Select an option to see the answer and solution.

Simple interest on a certain sum one-fourth of the sum and the interest rate percentage per annum is 4 times the numbers of years. If the rate of interest increases by 2%, then what will be the simple interest (in Rs.) on Rs. 5,000 for 3 years?

Select an option to see the answer and solution.

In a certain duration of time, a sum become 2 times itself at the rate of 5% per annum simple interest. What will be the rate of interest if the same sum becomes 5 times itself in the same duration?

Select an option to see the answer and solution.

A car with a price of Rs. 6,50,000 is bought by making some down payment. On the balance, a simple interest of 10% is charged in lump sum and the money is to be paid in 20 equal annual instalments of Rs. 25,000. How much is the down payment?

Select an option to see the answer and solution.

Brajesh had Rs. 8,600 which he invested in two parts. Simple interest received on the first part at 15% p.a. in 4 years is equal to the simple interest received on the second part at 20% p.a. in 3 years. Find the difference in the two parts.

Select an option to see the answer and solution.

Suresh lent out a sum of money to Rakesh for 5 years at simple interest. At the end of 5 years. Rakesh paid 9/8 of the sum to Suresh to clear out the amount. Find the rate of simple interest per annum.

Select an option to see the answer and solution.

A sum at a simple interest of 8% p.a. becomes of itself in how many years?

Select an option to see the answer and solution.

A man takes a loan of some amount at some rate of simple interest. After three years, the loan amount is doubled and rate of interest is decreased by 2%. After 5 years, if the total interest paid on the whole is Rs. 13,600, which is equal to the same when the first amount was taken for  years, then the loan taken initially is:

Select an option to see the answer and solution.

A person borrows Rs. 7,000 for 3 year's at 5% p.a. simple interest. He immediately lends it to another person at  p.a. for 3 years. Find the gain in the transaction per year.

Select an option to see the answer and solution.

What annual instalment will discharge a debit of Rs. 5,664 in 4 years at 12% simple interest?

Select an option to see the answer and solution.

A sum at simple interest becomes two times in 8 years at a certain rate of interest p.a. The time in which the same sum will be 4 times at the same rate of interest at simple interest is:

Select an option to see the answer and solution.

What annual installment will discharge a debt of Rs. 3,270 due in 3 years at 9% per annum simple interest?

Select an option to see the answer and solution.

If the annual rate of simple interest increase from 11% to  then a person's yearly income increase by Rs. 1,071.20. The simple interest (in Rs.) on the same sum at 10% for 5 year is:

Select an option to see the answer and solution.

A sum of Rs. 36,000 is divided into two parts A and B, such that the simple interest at the rate of 15% p.a. on A and B after two years and four years, respectively, is equal. The total interest (in Rs.) received from A is:

Select an option to see the answer and solution.

If the simple interest on a sum of Rs. P at 5% per annum for three years is thrice the simple interest received on Rs. Q at 7% per annum for four years, then find the relation between P and Q.

Select an option to see the answer and solution.