Explore topic-wise MCQs in Aptitude.

This section includes 360 Mcqs, each offering curated multiple-choice questions to sharpen your Aptitude knowledge and support exam preparation. Choose a topic below to get started.

1.

A person takes a loan of Rs. 200 at 5% simple interest. He returns Rs. 100 at the end of 1 year. In order to clear his dues at the end of 2 years, he would pay:

A. Rs. 105
B. Rs. 110
C. Rs. 115
D. Rs. 115.50
Answer» D. Rs. 115.50
Discussion
2.

Mr. Thomas invested an amount of Rs. 13,900 divided in two different schemes A and B at the simple interest rate of 14% p.a. and 11% p.a. respectively. If the total amount of simple interest earned in 2 years be Rs. 3508, what was the amount invested in Scheme B?

A. Rs. 6400
B. Rs. 6500
C. Rs. 7200
D. Rs. 7500
E. None of these
Answer» B. Rs. 6500
Discussion
3.

A person borrows Rs. 5000 for 2 years at 4% p.a. simple interest. He immediately lends it to another person at 6% p.a for 2 years. Find his gain in the transaction per year.

A. Rs. 112.50
B. Rs. 125
C. Rs. 225
D. Rs. 167.50
Answer» B. Rs. 125
Discussion
4.

A person takes a loan of Rs. 200 at 5% simple interest. He returns Rs. 100 at the end of 1 year. In order to clear his dues at the end of 2 years, he would pay:

A. Rs. 105
B. Rs. 110
C. Rs. 115
D. Rs. 115.50
Answer» D. Rs. 115.50
Discussion
5.

Mr. Thomas invested an amount of Rs. 13,900 divided in two different schemes A and B at the simple interest rate of 14% p.a. and 11% p.a. respectively. If the total amount of simple interest earned in 2 years be Rs. 3508, what was the amount invested in Scheme B?

A. Rs. 6400
B. Rs. 6500
C. Rs. 7200
D. Rs. 7500
E. None of these
Answer» B. Rs. 6500
Discussion
6.

A person borrows Rs. 5000 for 2 years at 4% p.a. simple interest. He immediately lends it to another person at 6% p.a for 2 years. Find his gain in the transaction per year.

A. Rs. 112.50
B. Rs. 125
C. Rs. 225
D. Rs. 167.50
Answer» B. Rs. 125
Discussion
7.

A and B borrowed Rs. 3000 and Rs. 3200 respectively at the same rate of
interest for 2
1
 years. If B paid Rs. 40 more interest than A, find the
2
rate of interest.

A. 5%
B. 7%
C. 8%
D. 6%
Answer» D. 6%
Discussion
8.

In certain years a sum of money is doubled to itself at 6
1
% simple interest per annum,
4
then the required time will be

A. 16 years
B. 8 years
Answer» B. 8 years
Discussion
9.

What should be the least number of years in which the simple interest
on Rs. 2600 at 6
2
% will be an exact number of rupees ?
3
A. 3
B. 2
C. 5
D. 4
Answer» B. 2
Discussion
10.

At a simple interest, a sum amounts to 1012 in 21/2 and becomes 1067.20 in 4 yr. What is the rate of interest

A. 2.5%
B. 3%
C. 4%
D. 5%
Answer» D. 5%
Discussion
11.

What will be the simple interest on 4000 at 121/2% per annum for the period from 4th February, 2005 to 18th April, 2005 ?

A. 215
B. 120
C. 200
D. 100
E. None of the above
Answer» E. None of the above
Discussion
12.

A sum at simple interest of 131/2% per annum amounts to 3080 in 4 yr Find the sum.

A. 1550
B. 1680
C. 2000
D. 1850
E. None of the above
Answer» D. 1850
Discussion
13.

The simple interest at R% for R years will be Rs. R on a sum of ?

A. Rs. R
B. Rs. 100R
C. Rs. .(100/R)
D. Rs. (100/R
E. )
Answer» D. Rs. (100/R
Discussion
14.

A person borrows 5,000 for 2 years at 4% per annum simple interest. He immediately
lends it to another person at 61% per annum simple interest for 2 years.
4
His gain in the transaction is

A. 112.50
B. 450
C. 225
D. 150
Answer» D. 150
Discussion
15.

Out of 50,000, that a man has, he lends 8000 at 5
1
% per annum simple interest
2
and Rs. 24,000 at 6 % per annum simple interest. He lends the remaining money at a certain rate of interest so that he gets total annual interest of 3680. The rate of interest per annum, at which the remaining money is lent, is

A. 5%
B. 7%
C. 10%
D. 12%
Answer» D. 12%
Discussion
16.

The simple interest at x% for x years will be Rs x on a sum of ....

A. Rs x
B. Rs 100x
C. Rs (100/x)
D. Rs (100/ x
E. )
Answer» D. Rs (100/ x
Discussion
17.

The simple interest on a sum of money is 1/9 of the principle and the number of years is equal to the rate percent annum. The rate percent annum is ?

A. 3
B. 1/3
C. 3
D. /
E. 3/10
Answer» D. /
Discussion
18.

A moneylender finds that due to a fall in the rate of interest from 13% to 121/2% his yearly income diminishes by Rs. 104. His capital is ?

A. Rs. 21400
B. Rs. 20800
C. Rs. 22300
D. Rs. 24000
Answer» C. Rs. 22300
Discussion
19.

If the interest on Rs. 1200 be more than the interest on Rs. 1000 by Rs. 50 in 3 years, the rate per cent is ?

A. 10
B. 6
C. 8
D. 9
Answer» D. 9
Discussion
20.

Simple interest for the sum of 1230 for 2 yr is 10 more than the simple interest for 1130 for the same duration. Find the rate of interest.
`

A. 5%
B. 6%
C. 8%
D. 2%
Answer» B. 6%
Discussion
21.

At the rate of 81/2% per annum simple interest, a sum of 5800 will earn how much interest in 2 yr 3 months ?

A. 1300
B. 1109
C. 1509
D. 1725
E. None of the above
Answer» C. 1509
Discussion
22.

A man borrowed 12000 for 4 yr at 73/4 per annum and a year later he again borrowed another 12000 for 3 yr at the same rate. How much should he pay at the end to settle the loans ?

A. 30510
B. 28610
C. 31450
D. 29590
Answer» B. 28610
Discussion
23.

Two equal amounts of money are deposited in two banks, each at 15% per annum for 31/2 years and 5 years. If the difference between their interests is Rs. 144, each sum is ?

A. Rs. 460
B. Rs. 500
C. Rs. 640
D. Rs. 720
Answer» D. Rs. 720
Discussion
24.

A certain sum of money at simple interest amounts to Rs. 1012 in 21/2 years and to Rs. 1067.20 in 4 years. The rate of interest per annum is ?

A. 2.5%
B. 3%
C. 4%
D. 5%
Answer» D. 5%
Discussion
25.

A sum of Rs. 2540 is lent out into two parts. One at 12% and another one at 121/2 %. If the total annual income is Rs. 311.60, the money lent at 12% is ?

A. Rs. 1180
B. Rs. 1360
C. Rs. 1240
D. Rs. 1340
Answer» B. Rs. 1360
Discussion
26.

The rate of simple intereset per annum at which a sum of money doubles
itself in 16
2
% years is
3
A. 4%
B. 5%
C. 6%
Answer» D.
Discussion
27.

The rate of simple interest per annum of bank being decreased
from 5% to 3
1
% the annual income of a person from interest was less by Rs. 105.
2
The sum deposited at the bank was

A. Rs. 6,000
B. Rs. 7,200
C. Rs. 6,800
D. Rs. 7,000
Answer» E.
Discussion
28.

The simple interest on a certain sum of money for 21/2 yr at 12% per annum is 20 less than the simple interest on the same sum for 31/2 yr at 10% per annum. Find the sum.

A. 800
B. 750
C. 625
D. 400
E. None of the above
Answer» E. None of the above
Discussion
29.

If 5600 amounts to 6678 in 3
1
Years. what will 9600 amount
2
to in 5
1
Years. at the same rate of interest ?
4
A. 12732
B. 12372
C. 12722
D. 12237
Answer» C. 12722
Discussion
30.

When a bank reduce the rate of interest from 61/2% per annum to 51/2% per annum, depositor withdrew Rs. 600 and thereby his interest reduced by 73. Find the initial deposit. ?

A. 4000
B. 6000
C. 7000
D. 9000
Answer» B. 6000
Discussion
31.

If the rate of interest rises from 61/2 to 8% a man's annual income increases by Rs. 4050. Find the capital.

A. Rs . 270000
B. Rs . 370000
C. Rs . 300000
D. None of these
Answer» B. Rs . 370000
Discussion
32.

A sum of money at simple interest amounts to 1,012 in 21
2
years and to 1,067.20 in 4 years. The rate of interest per annum is :

A. 2.5%
B. 3%
C. 4%
D. 5%
Answer» D. 5%
Discussion
33.

A certain sum of money amounts to 756 in 2 years and to 873 in 31
3
years at a certain rate of simple interest. The rate of interest per annum is

A. 10%
B. 11%
C. 12%
D. 13%
Answer» E.
Discussion
34.

A money lender finds that due to fall in the annual rate of interest 8% to
73% his yearly income diminishes by 61.50. His capital is
4
A. 22400
B. 23800
C. 24600
D. 26000
Answer» D. 26000
Discussion
35.

In how many years will a sum of money double itself at 6
2
%
3
simple interest per annum ?

A. 24 years
B. 20 years
C. 16 years
D. 12 years
Answer» D. 12 years
Discussion
36.

In how many years will the simple interest on a sum of money be equal to the
principal at the rate of 16
2
 % per annum ?
3
A. 4 years
B. 5 years
C. 6 years
D. 8 years
Answer» D. 8 years
Discussion
37.

The simple interest on a sum of money is 1/9 of the principal and the number of years is equal to rate per cent per annum. The rate per annum is
A. 3%
Answer» D.
Discussion
38.

If 12,000 is divided into two parts such that the simple interest on the first part for 3 years at 12% per annum is equal to the simple interest on the
second part for 4
1
 years at 16% per annum, the greater part is
2
A. 8,000
B. 6,000
C. 7,000
D. 7,500
Answer» B. 6,000
Discussion
39.

Prakash lends a part of 20,000 at 8% simple interest and remaining at
4
%
3

simple interest. His total income after a year was 800. Find the sum lent at 8%.

A. 8,000
B. 12,000
C. 6,000
D. 10,000
Answer» B. 12,000
Discussion
40.

If the annual rate of simple interest increases from 10% to 12
1
%, a man s yearly
2
income increases by 1250. His principal (in rupees) is

A. 50,000
B. 45,000
C. 60,000
D. 65,000
Answer» B. 45,000
Discussion
41.

A certain sum of money amounts to 6780 in 2 years and to 7360.50 in
3
1
Years. Find the sum and the rate of interest.
3
A. 6006 ; 6.4 Percent Per annum
B. 8006 ; 6.4 Percent Per annum
C. 5006 ; 5 Percent Per annum
D. 5506 ; 5 Percent Per annum
Answer» B. 8006 ; 6.4 Percent Per annum
Discussion
42.

The principle on which a simple interest of 55 will be obtained after 9 months at the rate of 32/3% per annum is

A. 1000
B. 1500
C. 2000
D. 2500
Answer» D. 2500
Discussion
43.

Divide 6800 into two parts so that S.I. on the first part for 3
1
Years at 6% may be equal to
3
the interest on the second part for 3
1
Years at 4% Percent Per annum
3
A. 2600 ; 4200
B. 2800 ; 4000
C. 2500 ; 4300
D. 2700 ; 4100
Answer» C. 2500 ; 4300
Discussion
44.

On a certain sum, the simple interest at the end of 6
1
 years becomes
4

3
of the sum. The rate of interest is
8
A. 5%
B. 6%
C. 7%
D. 8%
Answer» C. 7%
Discussion
45.

The present worth of a bill due 7 months hence is 1200 and if the bill were
due at the end of 2
1
 years its present worth would be 1016.
2
The rate percent is

A. 5%
B. 10%
C. 15%
D. 20%
Answer» C. 15%
Discussion
46.

If the simple interest on a certain sum of money for 15 months at 71%
2
per annum exceeds thesimple interest on the same sum for 8 months at
121% per annum by 32.50, then the sum of money (in ) is :
2
A. 312
B. 312.50
C. 3120
D. 3120.50
Answer» D. 3120.50
Discussion
47.

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:
A. 5%
B. 8%
C. 12%
D. 15%
Answer» D. 15%
Discussion
48.

What will be the ratio of simple interest 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» D. Data inadequate
Discussion
49.

A certain amount earns simple interest 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» E. None of these
Discussion
50.

An automobile financier claims to be lending money at simple interest, 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. None of these
Answer» C. 10.5%
Discussion