Simple Interest Questions and Answers

General Aptitude

Simple Interest

    31) A sum fetched a total S.I. of Rs.4016.25 at the rate of a p.c.p.a in 5 years what is the sum?

  • A)Rs.4462.50
  • B)Rs.8032.50
  • C)Rs.8900
  • D)Rs.8925
  • E)None of these
Answer: D

    32) A sum invested at 5% S.I. per annum grous to Rs.504 in 4 years. The same amount at 10% S.I. per annum in 2(1/2) years will grow to :

  • A)Rs.420
  • B)Rs.450
  • C)Rs.525
  • D)Rs.550
  • E)None of these
Answer: C

    33) An automobile financier claims to be lending money at S.I. but he includes the interest every six months for calculating the principal. If he is charging an interest of 10% the effective rate of interest becomes

  • A)10%
  • B)10.25%
  • C)10.5%
  • D)10.7%
  • E)None of these
Answer: B

    34) A sum of money at S.I. amount t Rs.815 in 3 years and to Rs.854 in 4 years. The sum is

  • A)Rs.650
  • B)Rs.690
  • C)Rs.698
  • D)Rs.700
  • E)None of these
Answer: C

    35) A sum of money lent out at S.I. amounts to Rs.720 after 2 years and to Rs.1020 after a further period of 5 years. The sum isĀ 

  • A)Rs.500
  • B)Rs.600
  • C)Rs.700
  • D)Rs.710
  • E)None of these
Answer: B