1502 + Mcqs in Simple Interest in General Aptitude Page 3 McqOptions

101.	A sum of Rs. 10,000 is lent partly at 6% and the remaining at 10% p.a. If the yearly interest on the average is 9.2%. The money lent at 10% is-
A.	Rs. 8000
B.	Rs. 8500
C.	Rs. 5000
D.	Rs. 2000
Answer» B. Rs. 8500

Discussion

102.	A sum invested at compound interest amounts to Rs. 3,136 in two years and Rs. 3,512.32 in 3 years at a certain rate percentage per annum, when the interest is compounded annually. What will the same sum amount to at the same rate in 8/3 years, interest compounded annually (nearest to one rupee)?
A.	Rs. 3,387
B.	Rs. 3,378
C.	Rs. 3,487
D.	Rs. 3,478
Answer» B. Rs. 3,378

Discussion

103.	A sum lent out at compound interest amounts to Rs. 1,250 in one year and to Rs. 1,458 in 3 years at a certain rate percentage p.a. What is the simple interest on the same sum for \(5\frac{2}{5}\) years at the same rate of interest?
A.	Rs. 480
B.	Rs. 500
C.	Rs. 520
D.	Rs. 600
Answer» C. Rs. 520

Discussion

104.	A merchant commences with a certain capital and gains annually at the rate of 25%. At the end of 3 years he has Rs. 10,000. What is the original amount that the merchant invested?
A.	Rs. 5120
B.	Rs. 5210
C.	Rs. 5350
D.	Rs. 5500
Answer» B. Rs. 5210

Discussion

105.	A sum of money becomes 3 times itself in 5 years. In how many years will this amount become 5 times of itself at the same interest rate?A. 5 yearsB. 10 yearsC. 9 yearsD. 8 years
A.	A
B.	C
C.	B
D.	D
Answer» D. D

Discussion

106.	An investment of Rs 3000 at a 30% annual rate of interest compounding every four months will yield an amount of Rs. _____ in a year.
A.	3993
B.	3990
C.	3981
D.	3900
Answer» B. 3990

Discussion

107.	A borrowed Rs. 28,500 at 8% p.a. interest compounded annually. If Rs. 5,780 was paid by him at the end of the first year, then the outstanding amount at the end of the second year will be∶
A.	Rs. 27,000.00
B.	Rs. 27,462.40
C.	Rs. 30,780.00
D.	Rs. 33,242.40
Answer» B. Rs. 27,462.40

Discussion

108.	A certain sum amounts to Rs. 10,257 in \(3\frac{1}{2}\) years and to Rs. 11,310 in 5 years, at the same rate per cent per annum at simple interest. What is the simple interest on a sum of Rs. 8,400 for \(4\frac{2}{3}\) years at the same rate of interest?
A.	Rs. 3,136
B.	Rs. 3,332
C.	RS. 3,920
D.	Rs. 3,528
Answer» E.

Discussion

109.	If the time increases by 5 years, then simple interest increases by Rs. 3000 on a sum of Rs. 5000. What is the rate (in percentage) of interest per annum?
A.	15
B.	12
C.	10
D.	6
Answer» C. 10

Discussion

110.	If compound interest received on a certain amount in the 2nd year is Rs. 250. What will be the compound interest (in Rs.) for the 3rd year on the same amount at 12% rate of interest?
A.	250
B.	300
C.	280
D.	270
Answer» D. 270

Discussion

111.	A sum of money is invested on simple interest at 1.5% p.a for 8 years yields interest Rs.3000. What will be the simple interest on the same sum at 5% for 6 years.
A.	8000
B.	7500
C.	9500
D.	6000
E.	None of these
Answer» C. 9500

Discussion

112.	A person lent out a certain sum at 12% p.a. simple interest. In 10 years, the interest was Rs.2,148 more than the sum. The sum was:
A.	Rs. 10,740
B.	Rs. 11,540
C.	Rs. 10,850
D.	Rs. 10,600
Answer» B. Rs. 11,540

Discussion

113.	A retailer deposited some amount in the bank. The rate of interest for first 3 years is 6% per annum for the next 3 years rate of interest is 9% per annum and for the period beyond 6 years rate of interest is 10% per annum. At the end of 9 years the retailer receives Rs. 1650 as simple interest. How much amount (in Rs) did he deposited?
A.	3000
B.	3200
C.	2200
D.	2460
Answer» D. 2460

Discussion

114.	A fixed sum is lent out in two parts in such a way that the interest on the first part at 1 percent for 1 year is equal to that on the second part at 2% for 2 years. Find the square root of the ratio of the first part to the second part.
A.	3
B.	4
C.	1
D.	2
Answer» E.

Discussion

115.	A sum of Rs. 12500 gives interest of Rs. 5625 in T years at simple interest. If the rate of interest is 7.5%, then what will be the value of T?
A.	5 years
B.	6 years
C.	7 years
D.	8 years
Answer» C. 7 years

Discussion

116.	A person invested one - fourth of the sum of Rs. 25,000 at a certain rate of simple interest and the rest at 4% p.a. higher rate. If the total interest received for 2 years is Rs. 4,125, what is the rate at which the second sum was invested?
A.	9.5%
B.	9.25%
C.	5.25%
D.	7.5%
Answer» C. 5.25%

Discussion

117.	A sum of Rs. 2000 yields Rs. 180 with a simple interest in nine (9) months. The Annual rate of interest is:
A.	9%
B.	10%
C.	11%
D.	12%
Answer» E.

Discussion

118.	An amount of Rs. 7,600 is invested at ordinary interest at an annual rate of 8%. If after 5 years the amount was withdrawn and half the amount of the total amount was invested in the stock market. Find the remaining amount (in rupees)
A.	5,420
B.	5,220
C.	5,210
D.	5,320
Answer» E.

Discussion

119.	Mr. Vagish invested money in FD. How much amount will he get at maturity, if Rs. 4500 are invested for 6 months at a rate of 20% compound interest annually and the interest is compounded quarterly?A. 4961.5 rupeesB. 4961.25 rupeesC. 4961.35 rupeesD. 4961 rupees
A.	B
B.	D
C.	A
D.	C
Answer» B. D

Discussion

120.	Mr. Vinod borrowed Rs. 9000 at 5% per annum compound interest. The compound interest compounded annually for 2 years is:
A.	Rs. 922.5
B.	Rs. 9921.5
C.	Rs. 921.5
D.	Rs. 9922.5
Answer» B. Rs. 9921.5

Discussion

121.	A certain sum amounts to Rs.5808 after 2 years and to Rs.7,320 after 5 years at the same rate percent per annum at simple interest. What will be the simple interest on a sum of Rs.8,500 for \(4\dfrac{2}{3}\) years at the same rate?
A.	Rs.4,352
B.	Rs.4,165
C.	Rs.5,440
D.	Rs.4,760
Answer» C. Rs.5,440

Discussion

122.	A man invests Rs. 3500 into two parts and first part invests on 4% and second part on 6% per annum on simple interest for 3 years. If the total profit earns by man from both part is Rs. 498. Find the money which is invested on 4%.
A.	Rs. 2000
B.	Rs. 1300
C.	Rs. 2200
D.	Rs. 2600
Answer» D. Rs. 2600

Discussion

123.	Ramesh borrowed Rs. 12000 at 13% per annum simple interest what amount will Ramesh pay to clear his debt after 5 years?
A.	Rs. 18600
B.	Rs. 20000
C.	Rs. 19800
D.	Rs. 18800
Answer» D. Rs. 18800

Discussion

124.	Compound interest received on a sum in year is ₹ 1200 (interest is compounded annually).If the rate of interest is 22.5% per annum, then what will be the interest in 6th year?
A.	₹ 3310
B.	₹ 2706
C.	₹ 2984
D.	₹ 2778
Answer» B. ₹ 2706

Discussion

125.	A sum of money when invested for 5 years gives Rs. 5,250 as the amount. If the simple rate of interest was 2% per annum more than what it was, the amount would have been Rs.. 5,600. The original sum invested was:
A.	Rs. 4,000
B.	Rs. 3,250
C.	Rs. 3,750
D.	Rs. 3,500
Answer» E.

Discussion

126.	A man took a loan from a bank at the rate of 11% p.a. simple interest. After three years, he had to pay Rs. 9570 interest only for the period. The principal amount borrowed by him was:
A.	Rs. 27,685
B.	Rs. 25,000
C.	Rs. 29,000
D.	Rs. 26,545
Answer» D. Rs. 26,545

Discussion

127.	If the difference of the compound interest and the simple interest on a sum of money for 3 years is Rs. 186. Find the sum of money, if the rate of interest in both cases be 10%
A.	Rs. 5500
B.	Rs. 7200
C.	Rs. 6500
D.	Rs. 6000
Answer» E.

Discussion

128.	A sum of Rs. 15000 is divided into two parts. The first part is invested at 8% per annum, while the other part is invested at 12% per annum. The interest in both cases is calculated on the principle of simple interest, and is found to be same at the end of 2 years. What are the two parts in which money was divided?
A.	Rs. 7500 each
B.	Rs. 7000 and Rs. 8000
C.	Rs. 9000 and Rs. 6000
D.	Rs. 5000 and Rs. 10000
E.	Cannot be determined
Answer» D. Rs. 5000 and Rs. 10000

Discussion

129.	A person invested a sum of Rs. 50,000 partly at 15% p.a. and remaining at 18% p.a. at simple interest. At the end of 2 years, the total interest received was Rs. 16,800. The ratio of the sum at 15% p.a. to the sum at 18% p.a. is:
A.	1 : 4
B.	2 : 3
C.	4 : 1
D.	3 : 2
Answer» C. 4 : 1

Discussion

130.	In what time will a sum double itself at 8% p.a. simple interest?
A.	5 years
B.	6 years
C.	8 years
D.	12.5 years
Answer» E.

Discussion

131.	If a certain sum becomes 2 times in 7 years at compound interest, then in how many years, it will become 8 times?
A.	14
B.	21
C.	28
D.	35
Answer» C. 28

Discussion

132.	In a certain time, a sum of money becomes five times itself if the rate of the interest is 16% p.a. Then the certain time (in years) is:
A.	30
B.	38
C.	32
D.	25
Answer» E.

Discussion

133.	An amount becomes 3 times in 4 years when kept in a scheme of simple interest. In how many years will it become 21 times?
A.	20
B.	36
C.	40
D.	30
Answer» D. 30

Discussion

134.	Puneet and Vimal invested Rs. A and Rs. B in simple and compound interest respectively. The amount invested by Puneet becomes Rs. 26000 in 3 years and that invested by Vimal becomes Rs. 25920 in 3 years. The difference of rate of interests on the investments by Vimal and Puneet is 10%. Ratio of A and B is 4 : 3.From the given statement which of the following can be determined?A. Sum of rate of interests on the investments by Vimal and Puneet.B. Value of A.C. Value of B.D. Difference of interest amounts obtained by Vimal and Puneet.
A.	Only A and D
B.	Only B and C
C.	All of them
D.	Only A, B and C
E.	None
Answer» D. Only A, B and C

Discussion

135.	An amount of 6600 rupees is invested at 8% yearly interest rate. After 5 years, the whole amount is withdrawn and half of the withdrawn amount in invested in the stock market. Find the remaining amount. (in rupees)
A.	4,520
B.	4,620
C.	4,320
D.	4,420
Answer» C. 4,320

Discussion

136.	In how many years will a sum of Rs. 800 at 10% per annum compounded semi-annually become Rs. 926.10?
A.	\(1\frac{1}{3}\)
B.	\(1\frac{1}{2}\)
C.	\(2\frac{1}{3}\)
D.	\(2\frac{1}{2}\)
Answer» C. \(2\frac{1}{3}\)

Discussion

137.	A certain sum of money amounts to Rs. 1250 in 3 years and Rs. 1600 in 8 years at simple interest. Find the sum.
A.	1100
B.	1040
C.	1050
D.	1024
Answer» C. 1050

Discussion

138.	At the rate of 12.5% per annum, the simple interest on a sum is 5/4 of the principal. What is the time period (in years)?
A.	12.5
B.	8
C.	10
D.	15
Answer» D. 15

Discussion

139.	A sum of Rs. 75,500 was borrowed at 10 percent compound interest p.a. What is the amount payable after 2 years?
A.	Rs. 91,355
B.	Rs. 81,000
C.	Rs. 81,355
D.	Rs. 91,570
Answer» B. Rs. 81,000

Discussion

140.	A sum of Rs. 5000 becomes Rs. 8000 in 3 years when invested in a scheme of simple interest. If the same sum is invested in a scheme of compound interest with the same yearly interest rate (compounding of interest is yearly), what will be the amount (in Rs.) after 3 years?
A.	8640
B.	8260
C.	8880
D.	9220
Answer» B. 8260

Discussion

141.	A sum at a simple interest of 8% p.a. becomes 7/5 of itself in how many years?
A.	5
B.	\(2\frac{1}{2}\)
C.	\(3\frac{1}{2}\)
D.	2
Answer» B. \(2\frac{1}{2}\)

Discussion

142.	Arun obtained an amount of Rs 8,376/- as simple interest on a certain amount at 8% per annum after 6 years. What is the amount invested by Arun?
A.	Rs 17450/-
B.	Rs 18110/-
C.	s 16,660/-
D.	Rs 17180/-
Answer» B. Rs 18110/-

Discussion

143.	A sum of money amounts to Rs. 1320 in 2 years and Rs. 1380 in 3 years at simple interest. What is the sum of money?
A.	Rs. 1200
B.	Rs. 1220
C.	Rs. 1150
D.	Rs. 1100
Answer» B. Rs. 1220

Discussion

144.	A sum of money amounts to Rs. 2200 in 2 years and Rs. 2300 in 3 years at simple interest. What is the sum of money?
A.	Rs. 1900
B.	Rs. 1950
C.	Rs. 2000
D.	Rs. 2100
Answer» D. Rs. 2100

Discussion

145.	In how many years will Rs. 2000 amount to Rs. 2420 at 10% per annum compound interest?
A.	3 years
B.	2 years
C.	5 / 2 years
D.	3 / 2 years
Answer» C. 5 / 2 years

Discussion

146.	A sum of Rs. 9000 amounts to Rs. 13356 at a certain rate percent per annum in \(4\frac{2}{5}\) years at simple interest. What will be the simple interest on the same sum at double the rate for \(2\frac{1}{3}\)years?
A.	Rs. 4640
B.	Rs. 4760
C.	Rs. 4260
D.	Rs. 4620
Answer» E.

Discussion

147.	Ms. Revathi borrowed Rs. 600 at 6% per annum simple interest. What (in rupees) will she pay to clear her debt after 4 years?
A.	700
B.	150
C.	744
D.	144
Answer» D. 144

Discussion

148.	Find the total Simple Interest on Rs. 500 at 7% per annum, on Rs. 700 at 10% per annum and on Rs. 1000 at 4% per annum for 3 years?
A.	435
B.	500
C.	700
D.	1000
Answer» B. 500

Discussion

149.	if the interest in 4 years at a 12% rate is Rs. 408, then what should be the principal amount?
A.	Rs.850
B.	Rs.650
C.	Rs.725
D.	Rs.800
Answer» B. Rs.650

Discussion

150.	At what rate of simple interest, a sum of amount will be doubled in 10 years?
A.	12%
B.	10%
C.	8%
D.	None of these
Answer» C. 8%

Discussion

Explore topic-wise MCQs in General Aptitude.

A sum of Rs. 10,000 is lent partly at 6% and the remaining at 10% p.a. If the yearly interest on the average is 9.2%. The money lent at 10% is-

A sum invested at compound interest amounts to Rs. 3,136 in two years and Rs. 3,512.32 in 3 years at a certain rate percentage per annum, when the interest is compounded annually. What will the same sum amount to at the same rate in 8/3 years, interest compounded annually (nearest to one rupee)?

A sum lent out at compound interest amounts to Rs. 1,250 in one year and to Rs. 1,458 in 3 years at a certain rate percentage p.a. What is the simple interest on the same sum for \(5\frac{2}{5}\) years at the same rate of interest?

A merchant commences with a certain capital and gains annually at the rate of 25%. At the end of 3 years he has Rs. 10,000. What is the original amount that the merchant invested?

A sum of money becomes 3 times itself in 5 years. In how many years will this amount become 5 times of itself at the same interest rate?A. 5 yearsB. 10 yearsC. 9 yearsD. 8 years

An investment of Rs 3000 at a 30% annual rate of interest compounding every four months will yield an amount of Rs. _____ in a year.

A borrowed Rs. 28,500 at 8% p.a. interest compounded annually. If Rs. 5,780 was paid by him at the end of the first year, then the outstanding amount at the end of the second year will be∶

A certain sum amounts to Rs. 10,257 in \(​​3\frac{1}{2}\) years and to Rs. 11,310 in 5 years, at the same rate per cent per annum at simple interest. What is the simple interest on a sum of Rs. 8,400 for \(4\frac{2}{3}\) years at the same rate of interest?

If the time increases by 5 years, then simple interest increases by Rs. 3000 on a sum of Rs. 5000. What is the rate (in percentage) of interest per annum?

If compound interest received on a certain amount in the 2nd year is Rs. 250. What will be the compound interest (in Rs.) for the 3rd year on the same amount at 12% rate of interest?

A sum of money is invested on simple interest at 1.5% p.a for 8 years yields interest Rs.3000. What will be the simple interest on the same sum at 5% for 6 years.

A person lent out a certain sum at 12% p.a. simple interest. In 10 years, the interest was Rs.2,148 more than the sum. The sum was:

A fixed sum is lent out in two parts in such a way that the interest on the first part at 1 percent for 1 year is equal to that on the second part at 2% for 2 years. Find the square root of the ratio of the first part to the second part.

A sum of Rs. 12500 gives interest of Rs. 5625 in T years at simple interest. If the rate of interest is 7.5%, then what will be the value of T?

A person invested one - fourth of the sum of Rs. 25,000 at a certain rate of simple interest and the rest at 4% p.a. higher rate. If the total interest received for 2 years is Rs. 4,125, what is the rate at which the second sum was invested?

A sum of Rs. 2000 yields Rs. 180 with a simple interest in nine (9) months. The Annual rate of interest is:

An amount of Rs. 7,600 is invested at ordinary interest at an annual rate of 8%. If after 5 years the amount was withdrawn and half the amount of the total amount was invested in the stock market. Find the remaining amount (in rupees)

Mr. Vagish invested money in FD. How much amount will he get at maturity, if Rs. 4500 are invested for 6 months at a rate of 20% compound interest annually and the interest is compounded quarterly?A. 4961.5 rupeesB. 4961.25 rupeesC. 4961.35 rupeesD. 4961 rupees

Mr. Vinod borrowed Rs. 9000 at 5% per annum compound interest. The compound interest compounded annually for 2 years is:

A certain sum amounts to Rs.5808 after 2 years and to Rs.7,320 after 5 years at the same rate percent per annum at simple interest. What will be the simple interest on a sum of Rs.8,500 for \(4\dfrac{2}{3}\) years at the same rate?

A man invests Rs. 3500 into two parts and first part invests on 4% and second part on 6% per annum on simple interest for 3 years. If the total profit earns by man from both part is Rs. 498. Find the money which is invested on 4%.

Ramesh borrowed Rs. 12000 at 13% per annum simple interest what amount will Ramesh pay to clear his debt after 5 years?

Compound interest received on a sum in year is ₹ 1200 (interest is compounded annually).If the rate of interest is 22.5% per annum, then what will be the interest in 6th year?

A sum of money when invested for 5 years gives Rs. 5,250 as the amount. If the simple rate of interest was 2% per annum more than what it was, the amount would have been Rs.. 5,600. The original sum invested was:

A man took a loan from a bank at the rate of 11% p.a. simple interest. After three years, he had to pay Rs. 9570 interest only for the period. The principal amount borrowed by him was:

If the difference of the compound interest and the simple interest on a sum of money for 3 years is Rs. 186. Find the sum of money, if the rate of interest in both cases be 10%

A person invested a sum of Rs. 50,000 partly at 15% p.a. and remaining at 18% p.a. at simple interest. At the end of 2 years, the total interest received was Rs. 16,800. The ratio of the sum at 15% p.a. to the sum at 18% p.a. is:

In what time will a sum double itself at 8% p.a. simple interest?

If a certain sum becomes 2 times in 7 years at compound interest, then in how many years, it will become 8 times?

In a certain time, a sum of money becomes five times itself if the rate of the interest is 16% p.a. Then the certain time (in years) is:

An amount becomes 3 times in 4 years when kept in a scheme of simple interest. In how many years will it become 21 times?

An amount of 6600 rupees is invested at 8% yearly interest rate. After 5 years, the whole amount is withdrawn and half of the withdrawn amount in invested in the stock market. Find the remaining amount. (in rupees)

In how many years will a sum of Rs. 800 at 10% per annum compounded semi-annually become Rs. 926.10?

A certain sum of money amounts to Rs. 1250 in 3 years and Rs. 1600 in 8 years at simple interest. Find the sum.

At the rate of 12.5% per annum, the simple interest on a sum is 5/4 of the principal. What is the time period (in years)?

A sum of Rs. 75,500 was borrowed at 10 percent compound interest p.a. What is the amount payable after 2 years?

A sum of Rs. 5000 becomes Rs. 8000 in 3 years when invested in a scheme of simple interest. If the same sum is invested in a scheme of compound interest with the same yearly interest rate (compounding of interest is yearly), what will be the amount (in Rs.) after 3 years?

A sum at a simple interest of 8% p.a. becomes 7/5 of itself in how many years?

Arun obtained an amount of Rs 8,376/- as simple interest on a certain amount at 8% per annum after 6 years. What is the amount invested by Arun?

A sum of money amounts to Rs. 1320 in 2 years and Rs. 1380 in 3 years at simple interest. What is the sum of money?

A sum of money amounts to Rs. 2200 in 2 years and Rs. 2300 in 3 years at simple interest. What is the sum of money?

In how many years will Rs. 2000 amount to Rs. 2420 at 10% per annum compound interest?

A sum of Rs. 9000 amounts to Rs. 13356 at a certain rate percent per annum in \(4\frac{2}{5}\) years at simple interest. What will be the simple interest on the same sum at double the rate for \(2\frac{1}{3}\)years?

Ms. Revathi borrowed Rs. 600 at 6% per annum simple interest. What (in rupees) will she pay to clear her debt after 4 years?

Find the total Simple Interest on Rs. 500 at 7% per annum, on Rs. 700 at 10% per annum and on Rs. 1000 at 4% per annum for 3 years?

if the interest in 4 years at a 12% rate is Rs. 408, then what should be the principal amount?

At what rate of simple interest, a sum of amount will be doubled in 10 years?

A certain sum amounts to Rs. 10,257 in \(3\frac{1}{2}\) years and to Rs. 11,310 in 5 years, at the same rate per cent per annum at simple interest. What is the simple interest on a sum of Rs. 8,400 for \(4\frac{2}{3}\) years at the same rate of interest?