1502 + Mcqs in Simple Interest Page 28 McqOptions

1351.	In how many years will a sum of money double it self a 12% per annum ?
A.	6 years 9 monhs
B.	7 years 6 monhs
C.	8 years 3 monhs
D.	8 years 4 monhs
Answer» E.

Discussion

1352.	If a sum of money at simple interest double in 6 years. It will become 4 times in
A.	12 years
B.	14 years
C.	16 years
D.	18 years
Answer» E.

Discussion

1353.	The simple interest on a sum of money at 8% per annum for 6 years is half the sum . The sum is
A.	Rs. 4800
B.	Rs. 6000
C.	Rs. 8000
D.	Daa inadequae
Answer» E.

Discussion

1354.	A sum of money trebles itself in 15 years 6 months . In how many years would it double itself ?
A.	6 years 3 months
B.	7 years 9 months
C.	8 years 3 months
D.	9 years 6 months
Answer» C. 8 years 3 months

Discussion

1355.	How long will it take a sum of money invested at 5% p.a. S.I. to increase is value by 40% ?
A.	5 years
B.	6 years
C.	7 years
D.	8 years
Answer» E.

Discussion

1356.	A lends Rs. 2500 to B and a certain sum to C at the same time at 7% p.a. simple interest . If after 4 years A altogether receives Rs. 1120 as interest from B and C , then the sum lent to C is:
A.	Rs. 700
B.	Rs. 1500
C.	Rs. 4000
D.	Rs. 6500
Answer» C. Rs. 4000

Discussion

1357.	A man invests a certain sum of money at 6% p.a. simple interest and another sum at 7% p.a. simple interest . His income from interest after 2 years was Rs. 354 . One fourth of the first sum is equ
A.	Rs. 2600
B.	Rs. 2700
C.	Rs. 2880
D.	Rs. 2900
Answer» C. Rs. 2880

Discussion

1358.	A borrowed some money from B at 12% p.a. S.I. for 3 years . He then added some more money to the borrowed sum and lent i to C for he same period at 14% p.a. rate of interest. If A gains Rs. 93.90 in
A.	Rs. 35
B.	Rs. 55
C.	Rs. 80
D.	Rs. 105
Answer» E.

Discussion

1359.	A lent Rs. 5000 o B for 2 years and Rs. 3000 to C for 4 years on single interest at the same rate of interest and received Rs. 2200 in all form both of them as interest, The rate of interest per ann
A.	5%
B.	7%
C.	8%
D.	10%
Answer» E.

Discussion

1360.	A sum of Rs. 725 is lent in he beginning of a year at a certain rate of interest . after 8 months , a sum of Rs. 362.50 more is lent but at the rate twice the former . At the end of the years Rs. 33
A.	3.6%
B.	4.5%
C.	5%
D.	None of these
Answer» E.

Discussion

1361.	The difference between the simple interest received from two different sources on Rs. 1500 for 3 years is Rs. 13.50 . The difference between their rates of interest is :
A.	0.1%
B.	0.2%
C.	0.3%
D.	0.4%
Answer» D. 0.4%

Discussion

1362.	Peter invested an amount of Rs. 12,000 a the rate of 10 p.c.p.a. simple interest and another amount at the rate of 20 p.c.p.a. simple interest . The total interest earned at the end of one year on h
A.	Rs. 20,000
B.	Rs. 22,000
C.	Rs. 24,000
D.	Rs. 25,000
Answer» B. Rs. 22,000

Discussion

1363.	The rates of simple interest in two banks A and B are in he ratio 5 : 4 A person wants o deposit his total savings in two banks in such a way that he received equal half yearly interest from both
A.	2 : 5
B.	4 : 5
C.	5 : 2
D.	5 : 4
Answer» C. 5 : 2

Discussion

1364.	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. 72 more. The sum is :
A.	Rs. 1200
B.	Rs. 1500
C.	Rs. 1600
D.	Rs. 1800
Answer» B. Rs. 1500

Discussion

1365.	What annual payment will discharge a debt of Rs. 6450 due in 4 years at 5% simple interest ?
A.	Rs. 1400
B.	Rs. 1500
C.	Rs. 1550
D.	Rs. 1600
Answer» C. Rs. 1550

Discussion

1366.	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

1367.	Find the simple interest on Rs.500 for 9 months at 6 paisa per month?
A.	345
B.	270
C.	275
D.	324
Answer» C. 275

Discussion

1368.	What is the rate percent when the simple interest on Rs.800 amount to Rs.160 in 4 Years?
A.	5%
B.	6%
C.	4 1/2%
D.	3 1/2 %
Answer» B. 6%

Discussion

1369.	At what rate percent on simple interest will Rs.750 amount to Rs.900 in 5 years?
A.	5%
B.	3 1/2%
C.	4%
D.	5 1/2 %
Answer» D. 5 1/2 %

Discussion

1370.	What sum of money will produce Rs.70 as simple interest in 4 years at 3 1/2 percent?
A.	525
B.	500
C.	550
D.	555
Answer» C. 550

Discussion

1371.	Find the principle on a certain sum of money at 5% per annum for 2 2/5 years if the amount being Rs.1120?
A.	1000
B.	Rs.1100
C.	1050
D.	1200
Answer» B. Rs.1100

Discussion

1372.	The price of a T.V. set worth Rs. 20,000 is to be paid in 20 instalments of Rs. 1000 each . If the rate of interest be 6% per annum , and the first instalment be paid at the time of purchase , then
A.	Rs. 1050
B.	Rs. 2050
C.	Rs. 3000
D.	None of these
Answer» E.

Discussion

1373.	If the rate increases by 2% , the simple interest received on a sum of money increases by Rs. 108. If the time period is increased by 2 years, the simple interest on the same sum increases by Rs. 180
A.	Rs. 1800
B.	Rs. 3600
C.	Rs. 5400
D.	Data inadequate
Answer» E.

Discussion

1374.	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
A.	Rs. 6400
B.	Rs. 6500
C.	Rs. 7200
D.	Rs. 7500
Answer» B. Rs. 6500

Discussion

1375.	A sum of Rs. 2600 is lent out in two part in such a way that the interest on one part at 10 % for 5 years is equal to that on another at 9% for 6 years. The sum lent out at 10% is
A.	Rs. 1150
B.	Rs. 1250
C.	Rs. 1350
D.	Rs. 1450
Answer» D. Rs. 1450

Discussion

1376.	A sum of Rs. 1550 was lent partly at 5% and partly at 8% p.a. simple interest . the total interest received after 3 years was Rs. 300. The ratio of the money lent at 5% to that lent at 8% is :
A.	5 : 8
B.	8 : 5
C.	16 : 15
D.	31 : 6
Answer» D. 31 : 6

Discussion

1377.	The simple interest on a sum of money at 8% per annum for 6 ears is half the sum. The sum is :
A.	Rs. 4800
B.	Rs. 6000
C.	Rs. 8000
D.	Data inadequate
Answer» E.

Discussion

1378.	A sum of money trebles itself in 15 years 6 months. In how many years would it double itself ?
A.	6 years 3 months
B.	7 years 9 months
C.	8 years 3 months
D.	9 years 6 months
Answer» C. 8 years 3 months

Discussion

1379.	If a sum of money at simple interest doubles in 6 years, it will become 4 times in :
A.	12 years
B.	14 years
C.	16 years
D.	18 years
Answer» E.

Discussion

1380.	A sum of money amourits 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

1381.	A sum of money lent out at simple interest amounts to Rs. 720 after 2 years and to Rs. 1020 after a further period of 5 years. The sum is :
A.	Rs. 500
B.	Rs. 600
C.	Rs. 700
D.	Rs. 710
Answer» C. Rs. 700

Discussion

1382.	David intvested certain amount in three different schems A, B and C with the rate of interest 10% p.a. respectively.If the total interest accrued in one year was Rs. 3200 and the amount invested i
A.	Rs. 5000
B.	Rs. 6500
C.	Rs. 8000
D.	cannot be determined
Answer» B. Rs. 6500

Discussion

1383.	A person invested in all Rs. 2600 at 4% , 6% and 8% per annum simple interest. At the end of the year, he got the same interest in all the three cases. The money invested at 4% is :
A.	Rs. 200
B.	Rs. 600
C.	Rs. 800
D.	Rs. 1200
Answer» E.

Discussion

1384.	David Rs. 2379 into 3 parts so that their amounts after 2, 3 and 4 years respectively may be equal, the rate of interest being 5% per annum at simple interest. The first part is :
A.	Rs. 759
B.	Rs. 792
C.	Rs. 818
D.	Rs. 828
Answer» E.

Discussion

1385.	A man invested `1/3` of his capital at 7% ; `1/4` at 8% and the remainder a 10% . If his annual income is Rs. 61, the capital is :.
A.	Rs. 5400
B.	Rs. 6000
C.	Rs. 6600
D.	Rs. 7200
Answer» D. Rs. 7200

Discussion

1386.	How long will it take a sum of money invested at 5% p.a. S.I. to increase its value by 40% ?
A.	5 years
B.	6 years
C.	7 years
D.	8 years
Answer» E.

Discussion

1387.	A sum of money at simple interest amounts to 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
Answer» D. Rs. 700

Discussion

1388.	Nitin borrowed some money at the rate of 6% p.a. for the first three years, 9% p.a. for the next five years and 13% p.a.for the period beyond eight years. If the total interest paid by him at the end
A.	Rs. 8000
B.	Rs. 10,000
C.	Rs. 12,000
D.	Data inadequate
Answer» B. Rs. 10,000

Discussion

1389.	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
Answer» D. Data inadequate

Discussion

1390.	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
A.	10%
B.	10.25%
C.	10.5%
D.	None of these
Answer» C. 10.5%

Discussion

1391.	How much time will it take for an amount of Rs. 450 to yield Rs. 81 as interest at 4.5% per annum of simple interest ?
A.	3.5 years
B.	4 years
C.	4.5 years
D.	5 years
Answer» C. 4.5 years

Discussion

1392.	The interest on a certain deposit at 4.5% p.a. is Rs. 202.50 in one year. How much will the additional interest in one year be on the same deposit at 5% p.a. ?
A.	Rs. 20.25
B.	Rs. 22.50
C.	Rs. 25
D.	Rs. 42.75
Answer» C. Rs. 25

Discussion

1393.	The simple interest on a certain sum of money at the rate of 5% p.a. for 8 years is Rs. 840. At what rate of interest the same amount of interest can be received on the same sum after 5 years ?
A.	6%
B.	8%
C.	9%
D.	10%
Answer» C. 9%

Discussion

1394.	If Rs. 64 amounts to Rs. 83.20 in 2 years, what will Rs. 86 amount to in 4 years at the same rate percent per annum ?
A.	Rs. 114.80
B.	Rs. 124.70
C.	Rs. 127.40
D.	Rs. 137.60
Answer» E.

Discussion

1395.	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 Rs. 800 become in 3 years ?
A.	Rs. 1020.80
B.	Rs. 1025
C.	Rs. 1052
D.	Data inadequate
Answer» D. Data inadequate

Discussion

1396.	A sum fetched a total simple interest of Rs. 4016.25 at the rate of 9 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
Answer» E.

Discussion

1397.	Reena took a loan of Rs. 1200 with simple interest for as many years as the rate of interest. If she paid Rs. 432 as interest at the end of the loan period, what was the rate of interest ?
A.	3.6
B.	6
C.	18
D.	Cannot be determined
Answer» C. 18

Discussion

1398.	A sum of Rs. 12,500 amounts to Rs. 15,500 in 4 years at the rate of simple interest. What is the rate of interest ?
A.	3%
B.	4%
C.	5%
D.	6%
Answer» E.

Discussion

1399.	An automobile financier claims to be lending money at the simple interest, but he includes the interest every six months for calculating the principal. If he is charging an interest of 10%, the effect
A.	3.5 years
B.	4 years
C.	4.5 years
D.	5 years
Answer» C. 4.5 years

Discussion

1400.	The number of oranges in three baskets are in the ratio of 3 : 4 : 5. In which ratio the no. of oranges in first two baskets must be increased so that the new ratio becomes 5 : 4 : 3?
A.	1:3
B.	2:1
C.	3:4
D.	2:3
Answer» C. 3:4

Discussion

Explore topic-wise MCQs in General Aptitude.

In how many years will a sum of money double it self a 12% per annum ?

If a sum of money at simple interest double in 6 years. It will become 4 times in

The simple interest on a sum of money at 8% per annum for 6 years is half the sum . The sum is

A sum of money trebles itself in 15 years 6 months . In how many years would it double itself ?

How long will it take a sum of money invested at 5% p.a. S.I. to increase is value by 40% ?

A lends Rs. 2500 to B and a certain sum to C at the same time at 7% p.a. simple interest . If after 4 years A altogether receives Rs. 1120 as interest from B and C , then the sum lent to C is:

A man invests a certain sum of money at 6% p.a. simple interest and another sum at 7% p.a. simple interest . His income from interest after 2 years was Rs. 354 . One fourth of the first sum is equ

A borrowed some money from B at 12% p.a. S.I. for 3 years . He then added some more money to the borrowed sum and lent i to C for he same period at 14% p.a. rate of interest. If A gains Rs. 93.90 in

A lent Rs. 5000 o B for 2 years and Rs. 3000 to C for 4 years on single interest at the same rate of interest and received Rs. 2200 in all form both of them as interest, The rate of interest per ann

A sum of Rs. 725 is lent in he beginning of a year at a certain rate of interest . after 8 months , a sum of Rs. 362.50 more is lent but at the rate twice the former . At the end of the years Rs. 33

The difference between the simple interest received from two different sources on Rs. 1500 for 3 years is Rs. 13.50 . The difference between their rates of interest is :

Peter invested an amount of Rs. 12,000 a the rate of 10 p.c.p.a. simple interest and another amount at the rate of 20 p.c.p.a. simple interest . The total interest earned at the end of one year on h

The rates of simple interest in two banks A and B are in he ratio 5 : 4 A person wants o deposit his total savings in two banks in such a way that he received equal half yearly interest from both

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. 72 more. The sum is :

What annual payment will discharge a debt of Rs. 6450 due in 4 years at 5% simple interest ?

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 :

Find the simple interest on Rs.500 for 9 months at 6 paisa per month?

What is the rate percent when the simple interest on Rs.800 amount to Rs.160 in 4 Years?

At what rate percent on simple interest will Rs.750 amount to Rs.900 in 5 years?

What sum of money will produce Rs.70 as simple interest in 4 years at 3 1/2 percent?

Find the principle on a certain sum of money at 5% per annum for 2 2/5 years if the amount being Rs.1120?

The price of a T.V. set worth Rs. 20,000 is to be paid in 20 instalments of Rs. 1000 each . If the rate of interest be 6% per annum , and the first instalment be paid at the time of purchase , then

If the rate increases by 2% , the simple interest received on a sum of money increases by Rs. 108. If the time period is increased by 2 years, the simple interest on the same sum increases by Rs. 180

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

A sum of Rs. 2600 is lent out in two part in such a way that the interest on one part at 10 % for 5 years is equal to that on another at 9% for 6 years. The sum lent out at 10% is

A sum of Rs. 1550 was lent partly at 5% and partly at 8% p.a. simple interest . the total interest received after 3 years was Rs. 300. The ratio of the money lent at 5% to that lent at 8% is :

The simple interest on a sum of money at 8% per annum for 6 ears is half the sum. The sum is :

A sum of money trebles itself in 15 years 6 months. In how many years would it double itself ?

If a sum of money at simple interest doubles in 6 years, it will become 4 times in :

A sum of money amourits 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 sum of money lent out at simple interest amounts to Rs. 720 after 2 years and to Rs. 1020 after a further period of 5 years. The sum is :

David intvested certain amount in three different schems A, B and C with the rate of interest 10% p.a. respectively.If the total interest accrued in one year was Rs. 3200 and the amount invested i

A person invested in all Rs. 2600 at 4% , 6% and 8% per annum simple interest. At the end of the year, he got the same interest in all the three cases. The money invested at 4% is :

David Rs. 2379 into 3 parts so that their amounts after 2, 3 and 4 years respectively may be equal, the rate of interest being 5% per annum at simple interest. The first part is :

A man invested `1/3` of his capital at 7% ; `1/4` at 8% and the remainder a 10% . If his annual income is Rs. 61, the capital is :.

How long will it take a sum of money invested at 5% p.a. S.I. to increase its value by 40% ?

A sum of money at simple interest amounts to Rs. 815 in 3 years and to Rs. 854 in 4 years. The sum is :

Nitin borrowed some money at the rate of 6% p.a. for the first three years, 9% p.a. for the next five years and 13% p.a.for the period beyond eight years. If the total interest paid by him at the end

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 ?

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

How much time will it take for an amount of Rs. 450 to yield Rs. 81 as interest at 4.5% per annum of simple interest ?

The interest on a certain deposit at 4.5% p.a. is Rs. 202.50 in one year. How much will the additional interest in one year be on the same deposit at 5% p.a. ?

The simple interest on a certain sum of money at the rate of 5% p.a. for 8 years is Rs. 840. At what rate of interest the same amount of interest can be received on the same sum after 5 years ?

If Rs. 64 amounts to Rs. 83.20 in 2 years, what will Rs. 86 amount to in 4 years at the same rate percent per annum ?

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 Rs. 800 become in 3 years ?

A sum fetched a total simple interest of Rs. 4016.25 at the rate of 9 p.c.p.a. in 5 years. What is the sum ?

Reena took a loan of Rs. 1200 with simple interest for as many years as the rate of interest. If she paid Rs. 432 as interest at the end of the loan period, what was the rate of interest ?

A sum of Rs. 12,500 amounts to Rs. 15,500 in 4 years at the rate of simple interest. What is the rate of interest ?

An automobile financier claims to be lending money at the simple interest, but he includes the interest every six months for calculating the principal. If he is charging an interest of 10%, the effect

The number of oranges in three baskets are in the ratio of 3 : 4 : 5. In which ratio the no. of oranges in first two baskets must be increased so that the new ratio becomes 5 : 4 : 3?