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

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61. At what rate percent per annum will the simple interest on a sum of money be 2/5 of the amount in 10 years?

  • 0.08
  • 0.04
  • 0.16
  • 0.12
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62.  In how much time would the simple interest on a certain sum be 0.125 times the principal at 10% per annum?

  • 1 years
  • 1 1/4 years.
  • 2 years
  • 2years
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63. A sum of money becomes 7/6 of itself in 3 years at a certain rate of simple interest. The rate per annum is?

  • 0.05
  •  5 5/9 %.
  • 0.06
  • 0.07
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64. A lends Rs. 2500 to B and a certain 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?

  • 2500
  • 1500
  • 2000
  • 1000
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65. A lent Rs. 5000 to B for 2 years and Rs. 3000 to C for 4 years on simple interest at the same rate of interest and received Rs. 2200 in all from both of them as interest. The rate of interest per annum is?

  • 0.2
  • 0.1
  • 0.3
  • 0.05
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