Simple Interest Questions and Answers

General Aptitude

Simple Interest

    16) In how many years, Rs.150 will produce the same interest @ 8% as Rs.800 produce in 3years @ 4(1/2)%

  • A)6
  • B)8
  • C)9
  • D)12
  • E)None
Answer: C

    17) What will be the ratio of S.I earned by certain amount at the same rate of interest for  6 years and that for 9 years?

  • A)1:3        
  • B)1:4
  • C)2:3
  • D)Data Inadequate
  • E)None of these
Answer: C

    18) Nitin borrowed some money at the rate of 6%p.a for the next 5 years and 13%p.a for the period beyond eight years. If the total interest paid by him at the end of eleven years is Rs.8160, how much money did he borrow?

  • A)Rs.8000
  • B)Rs.10,000
  • C)Rs.12,000
  • D)Data Inadequate
  • E)None of these
Answer: A

    19) Rs.800 becomes Rs.956 in 3years at a certain rate of S.I. If the rate of interest is increased by 4% what amount will Rs.800 become in 3 years?

  • A)Rs.1020.80
  • B)Rs.1025
  • C)Rs.1052
  • D)Data inadequate
  • E)None of these
Answer: C

    20) A certain amount earns S.I of Rs.1750 after 7 years. Had the interest been 2% more, how much more interest would it have earned?

  • A)Rs.35
  • B)Rs.245
  • C)Rs.350
  • D)Cannot be determined
  • E)None of these
Answer: D