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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.
101. |
Simple interest on a certain sum at a certain annual rate of interest is 16/25 of the sum. If the number representing rate per cent and time in years be equal, then the rate of interest is |
A. | 8% |
B. | <table><tr><td rowspan="2">11</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>1</center></td><td rowspan="2">%</td></tr><tr><td style="text-align: center;">2</td></tr></table> |
C. | <table><tr><td rowspan="2">12</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>1</center></td><td rowspan="2">%</td></tr><tr><td style="text-align: center;">2</td></tr></table> |
D. | <table><tr><td rowspan="2">12</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>1</center></td><td rowspan="2">%</td></tr><tr><td style="text-align: center;">4</td></tr></table> |
Answer» B. <table><tr><td rowspan="2">11</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>1</center></td><td rowspan="2">%</td></tr><tr><td style="text-align: center;">2</td></tr></table> | |
102. |
The simple interest on a certain sum for 8 months at 4% per annum is 129 less than thesimple interest on the same sum for 15 months at 5% per annum. The sum is : |
A. | 2,580 |
B. | 2400 |
C. | 2529 |
D. | 3600 |
Answer» E. | |
103. |
The difference between the simple interest received from two different banks on 500 for 2 years is 2.50. The difference between their (per annum) rate of interest is : |
A. | 0.10% |
B. | 0.25% |
C. | 0.50% |
D. | 1.00% |
Answer» C. 0.50% | |
104. |
A borrows 800 at the rate of 12% per annum simple interest and B borrows 910 at the rate of 10% per annum, simple interest. In how many years will their amounts of debt be equal ? |
A. | 18 years |
B. | 20 years |
C. | 22 years |
D. | 24 years |
Answer» D. 24 years | |
105. |
A sum of 1750 is divided into two parts such that the interests on the first part at 8% simple interest per annum and that on the other part at 6% simple interest per annum are equal. The interest on each part (In rupees) is |
A. | 60 |
B. | 65 |
C. | 70 |
D. | 40 |
Answer» B. 65 | |
106. |
Equal sum of money are lent to X and Y at 7.5% per annum for a period of 4 years and 5 years respectively. If the difference in interest, paid by them was 150, the sum lent to each was |
A. | 500 |
B. | 1000 |
C. | 2000 |
D. | 3000 |
Answer» D. 3000 | |
107. |
A person made a fixed deposit of Rs. 30,000 in a bank for 5 years at 10% simple interest per annum. He had to withdraw the whole amount after 3 years to meet the expenses of his daughter s marriage and he received Rs. 7800 less than what he would have got after 5 years. What is the rate of simple interest per annum paid by the bank for this premature encashment ? |
A. | 6% |
B. | 7% |
C. | 8% |
D. | 9% 5. In |
Answer» D. 9% 5. In | |
108. |
Rahim lent a sum to Anil at a simple interest of 10% per annum, and at the same time lent to Sunil a sum, which was Rs. 2000 more than the amount lent to Anil at the simple interest of 12% per annum. At the end of 3 years, both Anil and Sunil returned the principal and interest to Rahim. If Rahim got Rs. 1020 more interest from Sunil than that from Anil, how much did each borrow from Rahim ? |
A. | Rs. 2500, Rs. 4500 |
B. | Rs. 4000, Rs. 6000 |
C. | Rs. 5000, Rs. 7000 |
D. | Rs. 6000, Rs. 8000 |
Answer» D. Rs. 6000, Rs. 8000 | |
109. |
If Rahim deposited the same amount of Rs. x in a bank at the beginning of successive 3 years and the bank pays simple interest of 5% per annum, then the amount at his credit at the end of 3rd year will be : |
A. | <table><tr><td rowspan="2">Rs.</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>861x</center></td></tr><tr><td style="text-align: center;">400</td></tr></table> |
B. | <table><tr><td rowspan="2">Rs.</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>1261x</center></td></tr><tr><td style="text-align: center;">400</td></tr></table> |
C. | <table><tr><td rowspan="2">Rs.</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>21x</center></td></tr><tr><td style="text-align: center;">20</td></tr></table> |
D. | <table><tr><td rowspan="2">Rs.</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>26481x</center></td></tr><tr><td style="text-align: center;">8000</td></tr></table> |
E. | None of these |
Answer» F. | |
110. |
A man borrowed 16000 from two persons. He paid 6% interest to one and 10% per annum to the other. In one year he paid total interest 1120. How much did he borrow at each rate? |
A. | 10000 ; 6000 |
B. | 12000 ; 4000 |
C. | 11000 ; 5000 |
D. | 12500 ; 3500 |
Answer» C. 11000 ; 5000 | |
111. |
A man lends a certain sum of money and gets an interest equal to 1/16 th of the principal. The time for which money was lent is equal to the rate of interest. Find the rate of interest per annum. |
A. | 4% |
B. | 3.5% |
C. | 3% |
D. | 2.5% |
Answer» E. | |
112. |
In how many years will a sum of money double itself at 5% rate of interest? |
A. | 18 years |
B. | 20 years |
C. | 22 years |
D. | 15 years |
Answer» C. 22 years | |
113. |
Neeta borrowed some money at the rate of 6% per annum for the first 3 yr. at the rate of 9% per annum for the next 5 yr and a the rate of 13% per annum for the period beyond 8 yr. If she pays a total interest of 8160 at the and of 11 yr how much money did she borrow ? |
A. | 12000 |
B. | 10000 |
C. | 8000 |
D. | Data is inadequate |
E. | None of the above |
Answer» D. Data is inadequate | |
114. |
A certain sum of money amounts to Rs. 1680 in 3 years and to 1800 in 5 years. Find the sum and the rate of interest. |
A. | 1500; 4% |
B. | 1200; 4% |
C. | 1600; 5% |
D. | 1800; 5% |
Answer» B. 1200; 4% | |
115. |
At the rate of simple interest per annum, the interest on a certain sum of money for 10 years will be 2 5 th part of the amount, then the rate of simple interest is |
A. | 5% |
B. | <table><tr><td rowspan="2">6</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>2</center></td><td rowspan="2">%</td></tr><tr><td style="text-align: center;">3</td></tr></table> |
C. | 7% |
D. | <table><tr><td rowspan="2">4</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>1</center></td><td rowspan="2">%</td></tr><tr><td style="text-align: center;">2</td></tr></table> |
Answer» C. 7% | |
116. |
A sum of Rs. 800 becomes Rs. 956 in 3 years at a certain rate of simple interest. If the rate of interest is increased by 4%, what amount will the same sum become in 3 years ? |
A. | Rs. 1025 |
B. | RS. 1042 |
C. | Rs. 1052 |
D. | Rs. 1024 |
Answer» D. Rs. 1024 | |
117. |
Ratio of the principal and the amount after 1 year is 10 : 12. Then the rate of interest per annum is : |
A. | 12% |
B. | 16% |
C. | 18% |
D. | 20% |
Answer» E. | |
118. |
The difference between simple interest and the true discount on Rs. 2400 due 4 years hence at 5% per annum simple interest is |
A. | Rs. 30 |
B. | Rs. 70 |
C. | Rs. 80 |
D. | Rs. 50 |
Answer» D. Rs. 50 | |
119. |
A person borrows some money for 5 years and loan amount : total interest amount is 5 : 2. The ratio of loan amount : interest rate is equal to : |
A. | 2 : 25 |
B. | 2 : 1 |
C. | 5 : 2 |
D. | 25 : 2 |
Answer» E. | |
120. |
Ram deposited a certain sum of money in a company at 12% per annum simple interest for 4 years and deposited equal amount in fixed deposit in a bank for 5 years at 15% per annum simple interest. If the difference in the interest from two sources is 1350, then the sum deposited in each case is : |
A. | 3000 |
B. | 4000 |
C. | 5000 |
D. | 6500 |
Answer» D. 6500 | |
121. |
A person invests 12,000 as fixed deposit at a bank at the rate of 10% per annum simple interest. But due to some pressing needs he has to withdraw the entire money after 3 years, for which the bank allowed him a lower rate of interest. If he gets 3,320 less than what he would have got at the end of 5 years, the rate of interest allowed by the bank is |
A. | <table><tr><td rowspan="2">7</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>5</center></td><td rowspan="2">%</td></tr><tr><td style="text-align: center;">9</td></tr></table> |
B. | <table><tr><td rowspan="2">4</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>4</center></td><td rowspan="2">%</td></tr><tr><td style="text-align: center;">9</td></tr></table> |
C. | <table><tr><td rowspan="2">7</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>8</center></td><td rowspan="2">%</td></tr><tr><td style="text-align: center;">9</td></tr></table> |
D. | <table><tr><td rowspan="2">8</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>7</center></td><td rowspan="2">%</td></tr><tr><td style="text-align: center;">9</td></tr></table> |
Answer» C. <table><tr><td rowspan="2">7</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>8</center></td><td rowspan="2">%</td></tr><tr><td style="text-align: center;">9</td></tr></table> | |
122. |
At what rate per annum will a sum of 5000 amount to 6000 in 4 years? |
A. | 6% Percent Per annum |
B. | 4% Percent Per annum |
C. | 5% Percent Per annum |
D. | 4.5% Percent Per annum |
Answer» D. 4.5% Percent Per annum | |
123. |
The rate of simple interest per annum of bank being decreased |
A. | Rs. 6,000 |
B. | Rs. 7,200 |
C. | Rs. 6,800 |
D. | Rs. 7,000 |
Answer» E. | |
124. |
Mr. Pawan invests an amount of 242000 at the rate of 4% per annum for 6 yr to obtain a simple interest, later he invests the principal amount as well as the amount obtained as simple interest for another 4 yr at the same rate of interest. What amount of simple interest will be obtained at the end of the last 4 yr ? |
A. | 4800 |
B. | 4850.32 |
C. | 4801.28 |
D. | 4700 |
Answer» D. 4700 | |
125. |
Rajnish invested certain sum in three different schemes P, Q and R with the rates of interest 10% per annum, 12% per annum and 15% per annum, respectively. If the total interest accrued in 1 yr was 3200 and the amount invested in scheme R was 150% of the amount invested in scheme Q. what was the amount invested in scheme Q ? |
A. | 8000 |
B. | 9000 |
C. | 5000 |
D. | 3050 |
E. | None of the above |
Answer» D. 3050 | |
126. |
Reena had 10000 with her, out of this money she lent some money to Akshay for 2 yr at 15% simple interest. She lent remaining money to Brijesh for an equal number of years at the rate of 18%. After 2 yr Reena found that Akshay had given her 360 more as interest as compared to Brijesh. The amount of money which Reena had lent to Brijesh must be |
A. | 4000 |
B. | 2500 |
C. | 3500 |
D. | 4200 |
E. | None of the above |
Answer» B. 2500 | |
127. |
A man promises to his wife a birthday present, given her each year a number of rupees equal to the number of years in her age. If her birthday falls on August 8, what sum must be placed at simple interest at 7% on January 1 before she is 63 (non leap year) in order to raise the required sum ? |
A. | 1600 |
B. | 1550 |
C. | 1500 |
D. | 1450 |
Answer» D. 1450 | |
128. |
|
||||
A. | 12732 | ||||
B. | 12372 | ||||
C. | 12722 | ||||
D. | 12237 | ||||
Answer» C. 12722 | |||||
129. |
Find the annual instalment that will discharge a debt of 12900 due in 4 years at 5% per annum simple interest. |
A. | 2750 |
B. | 2150 |
C. | 2500 |
D. | 3000 |
Answer» E. | |
130. |
At what rate per cent per annum will the simple interest on a sum of money be 2/5 of the amount in 10 years ? |
A. | 4% |
B. | 6% |
C. | <table><tr><td rowspan="2">5</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>2</center></td><td rowspan="2">%</td></tr><tr><td style="text-align: center;">3</td></tr></table> |
D. | <table><tr><td rowspan="2">6</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>2</center></td><td rowspan="2">%</td></tr><tr><td style="text-align: center;">3</td></tr></table> |
Answer» E. | |
131. |
A sum was put at simple interest at a certain rate for 2 years . Had it been put at 3% higher rate, it would have fetched Rs 300 more. The sum is |
A. | Rs 5000 |
B. | Rs 6000 |
C. | RS 7000 |
D. | None Of these |
Answer» B. Rs 6000 | |
132. |
The simple interest on a sum of money at 10% per annum for 6 year is half the sum. Then, the sum is ? |
A. | Rs 5000 |
B. | Not possible |
C. | Rs 4000 |
D. | Rs 6000 |
Answer» C. Rs 4000 | |
133. |
A certain sum lent out at simple interest amounts to Rs 575 in 3 yr and to Rs 625 in 5 yr. Then the rate of interest is ? |
A. | 3% |
B. | 4% |
C. | 5% |
D. | 7% |
Answer» C. 5% | |
134. |
A sum of 1521 lent out two parts in such a way that the interest on one part at 10% for 5 yr is equal to that of another part at 8% for 10 yr. What will be the two parts of sum ? |
A. | 926 and 595 |
B. | 906 and 615 |
C. | 916 and 605 |
D. | 936 585 |
E. | None of the above |
Answer» E. None of the above | |
135. |
A sum becomes 6 fold at 5% per annum. At what rate, the sum becomes 12 fold ? |
A. | 10% |
B. | 12% |
C. | 9% |
D. | 11% |
E. | None of the above |
Answer» E. None of the above | |
136. |
A sum becomes two fold in 6 yr at a certain rate of interest. Find the time, in which the same mount will be 10 fold at the same rate of interest. |
A. | 35 yr |
B. | 49 yr |
C. | 59 yr |
D. | 54 yr |
E. | None of the above |
Answer» E. None of the above | |
137. |
The difference of simple interest from two banks for 1000 in 2 yr is 20. Find the difference in rates of interest. |
A. | 2% |
B. | 1.5% |
C. | 1% |
D. | 2.5% |
Answer» D. 2.5% | |
138. |
2/3 part of my sum is lent out at 3%, 1/6 part is Lent out at 6% and remaining part is lent out 12% All the three parts are lent out at simple interest. If the annual income is 25, what is the sum ? |
A. | 500 |
B. | 650 |
C. | 600 |
D. | 450 |
E. | None of the above |
Answer» B. 650 | |
139. |
Raju lent 400 to Ajay for 2 yr and 100 to Manoj for 4 yr and received from both 60 as collective interest, Find the rate of interest, simple interest being calculated. |
A. | 5% |
B. | 6% |
C. | 8% |
D. | 9% |
Answer» B. 6% | |
140. |
In what time does a sum of money become four fold at the simple interest ratio of 10% per annum ? |
A. | 40 yr |
B. | 30 yr |
C. | 15 yr |
D. | 25 yr |
E. | None of the above |
Answer» C. 15 yr | |
141. |
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% | |
142. |
For a certain sum, the simple interest in 2 yr at 8% per annum is 110 more than the simple interest in 1 yr at the ratio of 5% per annum for the same sum. Find the sum. |
A. | 5000 |
B. | 1000 |
C. | 1050 |
D. | 950 |
Answer» C. 1050 | |
143. |
A sum of Rs. 2540 is lent out into two parts. One at 12% and another one at 12 |
A. | Rs. 1180 |
B. | Rs. 1360 |
C. | Rs. 1240 |
D. | Rs. 1340 |
Answer» B. Rs. 1360 | |
144. |
If the simple interest for 5 yr be equal to 40% of the principle, it will be equal to the principle after ? |
A. | 12 yr 3 months |
B. | 12 yr 6 months |
C. | 12 yr 4 months |
D. | 12 yr 9 months |
Answer» C. 12 yr 4 months | |
145. |
What sum of money lent out at simple interest will amount to 3400 in 3 yr at 1% per month ? |
A. | 2400 |
B. | 1800 |
C. | 1600 |
D. | 2500 |
Answer» E. | |
146. |
The difference between the interest received from two different bank on Rs. 500 for 2 year is Rs. 2.50. The difference between their rates is ? |
A. | 1% |
B. | 0.5% |
C. | 2.5% |
D. | 0.25% |
Answer» E. | |
147. |
In how many years will a sum of money double itself at 12% per annum? |
A. | 6 years 9 months |
B. | 8 years 4 months |
C. | 7 years 6 months |
D. | 8 years 6 months |
Answer» C. 7 years 6 months | |
148. |
A sum was put at simple interest at a certain rate for 2 years. Had it been put at 1% higher rate, it would have fetched Rs. 24 more, The sum is ? |
A. | Rs. 600 |
B. | Rs. 800 |
C. | Rs. 1200 |
D. | Rs. 480 |
Answer» D. Rs. 480 | |
149. |
A sum money becomes (8/5) of itself in 5 years at a certain rate of interest . The rate percent per annum is ? |
A. | 5% |
B. | 8% |
C. | 10% |
D. | 12% |
Answer» E. | |
150. |
A moneylender finds that due to a fall in the rate of interest from 13% to 12 |
A. | Rs. 21400 |
B. | Rs. 20800 |
C. | Rs. 22300 |
D. | Rs. 24000 |
Answer» C. Rs. 22300 | |