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Compound Interest in Aptitude MCQ Quiz (Multiple Choice Questions And Answers)

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86. A sum of money amounts to Rs.5200 in 5 years and to a Rs.5680 in 7 years at simple interest. The rate of interest per annum is?

  • 0.06
  • 0.03
  • 0.12
  • 0.24
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87. At which sum the simple interest at the rate of 3 ¾ % per annum will be Rs. 210 in 2 1/3 years?

  •  Rs.2400
  • Rs. 2000
  • Rs. 6000
  • Rs. 1000
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88. A person invests money in three different schemes for 6 years, 10 years and 12 years at 10 %, 12 %, and 15 %. Simple interest respectively. At the completion of each scheme, he gets the same interest. The ratio of his investments is

  • ratio 6:3:2
  • ratio 6:2:2
  • ratio 2:3:6
  • ratio 3:6:2
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89. Simple interest on Rs.500 for 4 years at 6.25 % per annum is equal to the simple interest on Rs. 400 at 5 % per annum for a certain period of time. The period of time is?

  • 6 ¼ years
  • 6 years
  • 12 years
  • 3 years
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90. A borrows Rs.800 at the rate of 12 % per annum. Simple interest and B borrows Rs.910 at the rate of 10 % per annum simple interest. In how many years will their amounts at debts be equal?

  • 22 years
  • 11 years
  • 33 years
  • 44 years
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