SIMPLE INTEREST APTITUDE QUESTIONS AND ANSWERS

SIMPLE INTEREST QUESTIONS AND ANSWERS 4 to 6

4. The difference between the interests received from two different banks on Rs. 500 for 2 years, is Rs. 2.50. The difference between their rates is:

0.5%

2.5%

0.25%

5. What annual payment will discharge a debt of Rs. 580 due in 5 years, the rate being 8% per annum?

Rs. 166.40

Rs. 65.60

Rs. 100

Rs. 120

6. The simple interest on a sum of money at 8% per annum for 6 years is half the sum. The sum is:

Rs. 4800

Rs. 6000

Rs. 8000

date inadequate

More SIMPLE INTEREST APTITUDE QUESTIONS AND ANSWERS available in next pages

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