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Simple Interest

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0% found this document useful (0 votes)
321 views55 pages

Simple Interest

Uploaded by

gfs.at2
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

APTITUDE

SIMPLE INTEREST
APTITUDE
SIMPLE INTEREST
Q.1: A sum of 4000 is lent for 5 years at the rate of 15%
per annum. Find the interest.
(1) 3000 (2) 2000 (3) 1000 (4) 1500 (5) None of these
APTITUDE
SIMPLE INTEREST
Q.2: If the simple interest on 625 increases by 25, when
the time increases by 2 years. Find the rate per cent per
annum.
(1) 2% (2) 3% (3) 1% (4) 0.5% (5) None of these
APTITUDE
SIMPLE INTEREST
Q.3: A man deposits 1350 in a bank at 5% per annum and
1150 in another bank at 6% per annum. Find the rate of
interest for the whole sum.
(1)5.40% (2) 6.40% (3) 5.46% (4) 115%
(5) None of these
APTITUDE
SIMPLE INTEREST
Q.4: The simple interest on a sum of money is 4/9 of the
principal, and the number of years is equal to the rate per
cent per annum. Find the rate per cent.
(1)6(2/3)% (2) 5(3/5)% (3) 7(2/3)% (4) 6(1/3)%
(5) None of these
APTITUDE
SIMPLE INTEREST
Q.5: If the simple interest on 1350 be more than the
interest on 1250 by 20 in 2 years, find the rate per cent
per annum.
(1) 5% (2) 10% (3) 6% (4) 8% (5) None of
these
APTITUDE
SIMPLE INTEREST
Q.6: If simple interest on 375 increases by 75, when the
rate % increases by 5% per annum. Find the time.
(1) 2 years (2) 8 years (3) 4 years (4) None of
these
APTITUDE
SIMPLE INTEREST
Q.7: A sum of money becomes 79/16 times of itself in 35
years at r% of SI. What is the value of r?
APTITUDE
SIMPLE INTEREST
Q.**: If a sum of money at simple interest becomes 36
times in 100 years, then it will become 29 times
in?
Q.**: Rs. 9600 is invested in two parts, one part at a rate of 11%
per annum and the remaining part at 15% simple interest. If the
simple interest received after four years is Rs.5088. Then find
the difference between both parts.
APTITUDE
SIMPLE INTEREST
Q.8: Arun borrowed a sum of money from Jayant at the
rate of 8% per annum simple interest for the first four
years, 10% per annum for the next 6 years, and 12% per
annum for the period beyond 10 years. If he pays a total
of 12160 as interest only at the end of 15 years, how
much money did he borrow?
(1) 8000 (2) 10000 (3) 12000 (4) 9000 (5) None of
these
APTITUDE
SIMPLE INTEREST
Q.9: In what time does a sum of money become thrice at
the simple interest rate of 8% per annum?
(1)30 years (2) 15 years (3) 20 years (4) 25 years
(5) None of these
APTITUDE
SIMPLE INTEREST
Q.10: A certain sum is invested for certain time. It amounts
to 400 at 10% per annum. But when invested at 4% per
annum, it amounts to 200. Find the time.
(1)100 years (2) 75 years (3) 50 years (4) 60 years
(5) None of these
APTITUDE
SIMPLE INTEREST
Q.11:A certain sum is invested for certain time. It amounts
to 150 at 5% per annum. But when invested at 3% per
annum, it amounts to 100. Find the sum.
(1) 50 (2) 25 (3) 30 (4) 60 (5) None of these
APTITUDE
SIMPLE INTEREST
Q.12: A sum was put at SI at a certain rate for 3 years. Had
it been put at 4% higher rate, it would have : fetched 600
more. Find the sum.
(1) 5000 (2) 4000 (3) 6000 (4) 3000 (5) None of these
APTITUDE
SIMPLE INTEREST
Q.13 A certain sum of money amounts to 550 in 3 years
and to 650 in 4 years. Find the sum.
(1) 250 (2) 300 (3) 150 (4) 350 (5) None of these
APTITUDE
SIMPLE INTEREST
Q.14: A sum was put at SI at a certain rate for 4 years. Had
it been put at 5% lower rate, it would have fetched 100
less. Find the sum. (1) 500 (2) 5000 (3) 400 (4) 4000 (5)
None of these
APTITUDE
SIMPLE INTEREST
Q.15: Anish borrowed 15000 at the rate of 12% and an
other amount at the rate of 15% for two years. The total
interest paid by him was 9000. How much did he borrow?
(1) 32000 (2) 33000 (3) 30000 (4) 63000 (5)
None of these
APTITUDE
SIMPLE INTEREST
Q.16: At a certain rate of simple interest 400 amounted to
460 in 3 years. If the rate of interest be decreased by 3%,
what will be the amount after 3 years?
(1) 424 (2) 484 (3) 242 (4) 848 (5) None of these
APTITUDE
SIMPLE INTEREST
Q.17: 1,200 amounts to 1,632 in 4 years at a certain rate
of simple interest. If the rate of interest is increased by
1%, it would amount to how much?
(1) 1635 (2) 1644 (3) 1670 (4) 1680 (5) None of these
APTITUDE
SIMPLE INTEREST
Q.18: The simple interest on a sum of money will be 150
after 4 years. In the next 4 years principal becomes 5
times, what will be the total interest at the end of the 8th
year?
(1) 950 (2) 850 (3) 900 (4) 860 (5) None of these
APTITUDE
SIMPLE INTEREST
Q.19: The simple interest on a sum of money will be 225
after 3 years. In the next 5 years principal becomes 3
times, what will be the total interest at the end of the 8th
year?
(1) 1250 (2) 1330 (3) 1360 (4) 1350 (5) None of these
APTITUDE
SIMPLE INTEREST
Q.20: A sum of 1521 is lent out in two parts in such a way
that the interest on one part at 10% for 5 years is equal to
that on another part at 8% for 10 years. Find the two
sums.
(1)926, 595 (2) 906, 615 (3) 916, 605 (4) 936, 585
(5) None of these
APTITUDE
SIMPLE INTEREST
Q.21: A sum of money becomes two times at the simple
interest rate of 2% per annum. At what rate per cent will
it become five fold?
(1) 10% (2) 8% (3) 6% (4) 9% (5) None of these
APTITUDE
SIMPLE INTEREST
Q.22: A certain sum of money amounted to 810 at 4% in a
time in which 450 amounted to 720 at 3%. If the rate of
interest is simple, find the sum.
(1) 500 (2) 450 (3) 600 (4) 475 (5) None of these
APTITUDE
SIMPLE INTEREST
Q.23: A certain sum of money amounts to 5000 in 5 years
at 10% per annum. In how many years will it amount to
6000 at the same rate?
(1)8 years (2) 6 years (3) 10 years (4) 9 years
(5) None of these
APTITUDE
SIMPLE INTEREST
Q.24: 8829 is divided into three parts in such a way that
their amounts at 4% per annum simple interest after 5, 6
and 8 years are equal. Find each part of the sum.
(1)3069, 2970, 2790 (2) 3609, 2970, 2790
(3) 3089, 2970, 2790 (4) 3069, 2960, 2760
(5) None of these
APTITUDE
SIMPLE INTEREST
Q.25: What principal will amount to 560 in 3 years at 4 per
cent per annum simple interest?
(1) 540 (2) 500 (3) 550 (4) 560 (5) None of these
APTITUDE
SIMPLE INTEREST
Q.26: A person lent a certain sum of money at 4% simple
interest, and in 5 years the interest amounted to 520 less
than the sum lent. Find the sum lent.
(1) 600 (2) 650 (3) 700 (4) 750 (5) None of these
APTITUDE
SIMPLE INTEREST
Q.27: A sum of money doubles itself in 5 years. It will
become 4 times of itself in–
(1)10 years (2) 12 years (3) 15 years (4) 20 years
(5) None of these
APTITUDE
SIMPLE INTEREST
Q.28: The simple interest on 1250 will be less than the
interest on 1400 at 3% simple interest by 45. Find the
time.
(1)10 years (2) 9 years (3) 8 years (4) 6 years
(5) None of these
APTITUDE
SIMPLE INTEREST
Q.29: The difference in simple interests on a certain sum
at 4% per annum for 3 years and at 5% per annum for 2
years is 50. Find the sum.
(1) 5000 (2) 4000 (3) 3000 (4) 2500 (5) None of these
APTITUDE
SIMPLE INTEREST
Q.30: The difference between the interest received from
two different banks on 200 for 3 years is 60. Find the
difference between their rates.
(1) 5% (2) 7% (3) 10% (4) 9% (5) None of these
APTITUDE
SIMPLE INTEREST
Q.31: A sum of money lent out at simple interest amounts
to 720 in 2 years and to 1020 in 7 years. Find the rate
per cent per annum. (1) 10% (2) 12% (3) 5% (4) 15%
(5) None of these
APTITUDE
SIMPLE INTEREST
Q.32: Sudhir borrows 6000 from a bank at SI. After 4 years
he paid 2500 to the bank and at the end of 5 years from
the date of borrowing he paid 4560 to the bank to settle
the account. Find the rate of interest.
(1) 3% (2) 3.5% (3) 3.85% (4) 4.5% (5)
None of these
APTITUDE
SIMPLE INTEREST
Q.33: Some amount out of 950 was lent at 6% per annum
and the remaining at 4% per annum. If the total simple
interest from both the fractions in 5 years was 200, find
the sum lent at 6% per annum.
(1) 700 (2) 100 (3) 250 (4) 450 (5) None of these
APTITUDE
SIMPLE INTEREST
Q.34. Out of a certain sum, 1/3rd is invested at 3%, 1/6th at
6% and the rest at 8%. If the simple interest for 2 years
from all these investments amounts to 600, find the
original sum.
(1) 5000 (2) 6000 (3) 5200 (4) 5500 (5) None of these
APTITUDE
SIMPLE INTEREST
Q.35: The simple interest on certain sum 625 is 100, and
the number of years is equal to the rate per cent per
annum. Find the rate per cent.
(1) 5% (2) 4% (3) 3% (4) 4.5% (5) None of these
APTITUDE
SIMPLE INTEREST
Q.36: A certain sum of money is borrowed by a person at
3% simple interest for 4 years. If he has to pay 120 as
interest, find the total amount he has to pay.
(1) 1020 (2) 820 (3) 1120 (4) 1220 (5) None of these
APTITUDE
SIMPLE INTEREST
Q.37: The simple interest on 400 for 5 years together with
that on 600 for 4 years came to 132, the rate being the
same in both the cases. Find the rate per cent of interest.
(1) 1% (2) 5% (3) 4% (4) 3% (5) None of these
APTITUDE
SIMPLE INTEREST
Q.38: On 3000 invested at a simple interest rate 6 per cent
per annum, 900 is obtained as interest in certain years. In
order to earn 1600 as interest on 4000 in the same
number of years, what should be the rate of simple
interest?
(1) 7 per cent (2) 8 per cent (3) 9 per cent (4) Data
inadequate (5) None of these
APTITUDE
SIMPLE INTEREST
Q.39: At what rate of interest per annum will a sum double
itself in 8 years?
(1) 12½% (2) 5% (3) 6% (4) 10½% (5) None of
these
APTITUDE
SIMPLE INTEREST
Q.40: If x is the simple interest on y and y is the simple
interest on z, the rate % and the time being the same in
both cases, what is the relation between x, y and z?
(1)X^2 = yz (2) y^2 = xz (3) z^2 = xy
(4) xyz = 1 (5) None of these
APTITUDE
SIMPLE INTEREST
Q.41: MRP of a refrigerator is Rs.4500. After a down payment of Rs.1100, Aparna give 5
instalments of Rs.700 each per month. Find the rate.

(1) 10%
(2) 15%
(3) 12%
(4) 20%
APTITUDE
SIMPLE INTEREST
Q.42: A sum of Rs.10 is lent to be returned in 11 monthly instalments of Rs.1 each.
Interest being simple. The rate of interest will be?

(1) 70/3%
(2) 80/3%
(3) 20/3%
(4) 40/3%
APTITUDE
SIMPLE INTEREST
Q.43: Harsh took a loan of RS.6450 and return this sum at 5% rate in 4 equal instalments
at SI. Find each instalment.
APTITUDE
SIMPLE INTEREST
Q.44: A due amount of Rs.2145 is to be given back at 25% SI in 4 months. Find monthly
instalment.
APTITUDE
SIMPLE INTEREST
Q.45: What equal annual instalment will discharge a debt of Rs.2985 due in 6 years at 10%
simple interest.
APTITUDE
SIMPLE INTEREST
Q.46: A sum of Rs. 17,200 is lent out at simple interest in two parts for 2 years
at 8% p.a. _and_10% p.a., respectively. If the total interest received after 2
years is Rs.3,008, then the money lent (in Rs.) at the rate of 8% p.a. is:
APTITUDE
SIMPLE INTEREST
Q.47: A sum of ₹ 15,600 is invested partly at 7% per annum and the
remaining at 9% per annum simple interest. If the total interest at the end of
3 years is ₹3738, how much money was invested at 7% per annum ?
APTITUDE
SIMPLE INTEREST
Q.48: A sum of 10,200 is invested partly at 8% per annum and remaining at
6% per annum for 3 years at simple interest. If the total interest is 2,124,
how much money was invested at 6% per annum?
APTITUDE
SIMPLE INTEREST
Q.49: A person lends 40% of his sum of money at 15% per annum, 50% of
rest at 10% per annum and the rest at 18% per annum rate of interest, if the
interest is calculated on the whole sum then what would be the annual rate
of interest?
APTITUDE
SIMPLE INTEREST
Q.50: A person invested one-fourth of the sum of ₹25,000 at a certain rate
of simple interest and the rest at 4% p.a. higher rate. If the total interest
received for 2 years is ₹4,125. What is the rate at which the second sum was
invested?
APTITUDE
SIMPLE INTEREST
Q.51: If the amount obtained by A by investing Rs 9,100 for three years at a
rate of 10% p.a. on simple interest is equal to the amount obtained by B by
investing a certain sum of money for five years at a rate of 8% p.a. on simple
interest, then 90% of the sum invested by B ( in Rs) is:
APTITUDE
SIMPLE INTEREST
Q.52: ₹21750 is invested by a person in the bank account of his two sons
whose ages are 9 years and 13 years in such a way that they will get equal
amount at an age of 21 years at the rate of 4.5% per annum. Find the share
of younger child.

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