Simple Interest - Questions & Answers | Exam2Win

Take a timed mock test specifically for Simple Interest.

1. A man invested of his capital at 7%; at 8% and remainder at 10%. If his annual income is Rs. 561, the capital is:

A. Rs. 5400

B. Rs. 6000

C. Rs. 6600

D. Rs. 7200

Explanation: ANSWER : Rs. 6600

2. The simple interest on a certain sum for 3 years at 14% per annum is Rs. 235.20. The sum is:

A. Rs.480

B. Rs. 560

C. Rs. 650

D. Rs. 720

Explanation: ANSWER : Rs. 560

3. The simple interest at x% for x years will be Rs. x on a sum of:

A. Rs. x

B. Rs. 100 x

C. Rs.

D. Rs.

Explanation: ANSWER : Rs.

4. At a certain rate of simple interest, a certain sum doubles itself in 10 years. It will treble itself in:

A. 15 years

B. 20 years

C. 30 years

D. 12 years

Explanation: ANSWER : 20 years

5. If the interest on Rs. 1200 be more than the interest on Rs. 1000 by Rs. 50 in 3 years, the rate per cent is:

A. 10

B. 6

C. 8

D. 9

Explanation: ANSWER : 8