SIMPLE INTEREST APTITUDE QUESTIONS AND ANSWERS

SIMPLE INTEREST QUESTIONS AND ANSWERS 19 to 21

19. A sum of money amounts to Rs. 702 in 2 years and Rs. 783 in 3 years. The rate per cent is:

12% per annum

13% per annum

14% per annum

15% per annum

20. A sum of money at simple interest amounts to Rs. 2240 in 2 years and Rs. 2600 in 5 years. The sum is:

Rs. 1880

Rs. 2000

Rs. 2120

data inadequate

21. A money leader finds that due to a fall in the rate of interest from 13% to 12 % his yearly income diminishes by Rs. 104. His capital is:

Rs. 21400

Rs. 20800

Rs. 22300

Rs. 24000

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