Placement Preparationan HCL GUVI product
Q1
Q1 A sum of Rs 12,500 amounts to Rs. 15,500 in the 4 years at the rate of simple interest. Find the rate percent
3%
4%
5%
6%
Q2
Q2 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.
952
752
1052
156
Q3
Q3 The rate of interest for the first 2 years is 4% per annum, for the next 3 years is 7.5% per annum and for the period beyond 5 years 12.5% per annum. If a man gets Rs 1075 as a simple interest for 6 years, how much money did he deposit?
2500
3000
3500
4000
Q4
Q4 Find the simple interest on Rs 7000 at 50/3 % for 9 months
765
830
735
875
Q5
Q5 If A lends Rs. 3500 to B at 10% p.a. and B lends the same sum to C at 11.5% p.a., then the gain of B (in Rs.) in a period of 3 years is
150
257.75
175.25
157.5
Q6
Q6 A sum becomes five times of itself in 20 years. It will become 7 times itself in how many years?
50
30
40
80
Q7
Q7 Raju has invested Rs. 5000 for 2 years at the rate of 8%. How much more money he should invest at the rate of 15% to get the overall interest of 10%? (Assume Simple interest)
2000
3000
3500
4000
Q8
Q8 A sum of Rs. 1550 was lent partially at 5% and partially at 8% per annum simple interest. The total interest received after 4 years was Rs. 400. The ratio of the money lent at 5% to that lent at 8% is:
2:15
16:3
16:15
15:16
Q9
Q9 A sum of Rs.6450 is borrowed at 5% simple interest and is paid back in 4 equal annual installments. What is amount of each installment?
Rs.1500
Rs.1800
Rs.1935
Rs.1950
Q10
Q10 In how many years Rs 150 will produce the same interest at 8% as Rs. 800 produce in 3 years at 9/2%
9
7
5
8
Practice Simple Interest Questions & Answers
The more questions a candidate answers, the better their understanding of the Simple Interest concepts and their ability to answer quickly and accurately.
Importance: Medium
Difficulty level: 1 out of 5 (Easy)
Examination- SSC, Banking, GMAT, GRE, SAT, CAT, etc.
Parent section: Quantitative Aptitude
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