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

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86.  The rate of interest on a sum of money is 4 % per annum for the first 2 years. 6 % per annum for the next 4 years and 8 % per annum for the period beyond 6 years. If the simple interest accrued by the sum for a total period of 9 years is Rs. 1120, what is the sum?

  • 1000
  • 500
  • 2000
  • 2500
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87. How much simple interest will Rs. 2000 earn in 18 months at 6 % per annum?

  • 200
  • 150
  • 180
  • 100
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88.  man deposited Rs. 400 for 2 years. Rs.550 for 4 years and Rs.1200 for 6 years. He received Rs.1020 as the total simple interest. The rate of interest per annum is?

  • 20
  • 5
  •  10
  • 25
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89. 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?

  • 0.12
  • 0.24
  •  6 %
  • 0.03
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90. At which sum the simple interest at the rate of 3 ¾ % per annum will be Rs. 210 in 2 1/3 years?

  • Rs. 2500
  • Rs. 2600
  •  Rs.2400
  • Rs. 2200
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