Simple Interest in Aptitude MCQ Quiz (Multiple Choice Questions And Answers)
Are you preparing for the next job interviews? If yes, trust me this post will help you also we'll suggest you check out a big collection for Programming Full Forms that may help you in your interview:
List of Programming Full Forms
66. The difference between the simple interest received from two different sources on Rs. 1500 for 3 years is Rs. 13.50. The difference between their rates of interest is?
- 0.006
- 0.3%
- 0.012
- 0.018
67. Peter invested an amount of Rs. 12,000 at the rate of 10% p.a simple interest and another amount at the rate of 20% p.a. simple interest. The total interest earned at the end of one year on the total amount invested became 14% p.a. Find the total amount invested?
- Rs. 40,000
- Rs. 20,000.
- Rs. 10,000
- Rs. 500
68. If the annual rate of simple interest increases from 10% to 12 1/2 %, a man's yearly income increases by Rs. 1250. His principal in Rs. is?
- 25000
- 50000
- 15000
- 55000
69. A money lender finds that due to a fall in the annual rate of interest from 8% to 7 3/4 % his yearly income diminishes by Rs. 61.50, his capital is?
- Rs. 24000
- Rs. 24600
- Rs. 25000
- Rs. 26000
70. The price of a T.V. set worth Rs. 20000 is to be paid in 20 installments of Rs. 1000 each. If the rate of interest be 6% per annum, and the first installment be paid at the time of purchase, then the value of the last installment covering the interest as well will be?
- Rs. 20000
- Rs. 19000
- Rs. 18000
- Rs. 17000