SIMPLE INTEREST APTITUDE QUESTIONS AND ANSWERS

SIMPLE INTEREST QUESTIONS AND ANSWERS 16 to 18

16. A sun of money, put at simple interest trebles itself in 15 years. The rate percent per annum is:

13 %

16 %

12 %

20%

17. A certain sum of money at simple interest amounts of Rs. 1260 in 2 years and to Rs. 1350 in 5 years. The rate percent per annum is:

2.5%

3.75%

7.5%

18. At simple interest, a sum doubles after 20 years. The rate of interest per annum is :

20%

12%

date inadequate

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