A Best Way To Crack Gorenment Job Exams

Simple Interest MCQs

Quantitative Aptitude Objective Questions



113. What is the difference between the simple interest on a principal of Rs. 500 being calculated at 5% per annum for 3 years and 4% per annum for 4 years?
Discussion

114. Asif borrows Rs. 1500 from two moneylenders. He pays interest at the rate of 12% per annum for one loan and at the rate of 14% per annum for the other. The total interest he pays for the entire year is Rs. 186. How much does he borrow at the rate of 12%
Discussion

115. Find the rate of interest if the amount after 2 years of simple interest on a capital of Rs. 1200 is Rs. 1440.
Discussion

116. A borrows a sum of Rs. 90,000 for 4 years at 5% simple interest. He lends it to B at 7% for 4 years at simple interest. What is his gain (in Rs.)?
Discussion

117. 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?
Discussion

118. A person borrows Rs. 5000 for 2 years at 4% p.a. simple interest. He immediately lends it to another person at 6$$\frac{1}{4}$$ p.a for 2 years. Find his gain in the transaction per year.
Discussion

119. Find the compound interest on Rs. 1000 at the rate of 20% per annum for 18 month when interest is compounded half yearly.
Discussion

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