Simple Interest Questions and Answers - Arithmetic :: 3 :: part1

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Simple Interest QUESTIONS AND ANSWERS :: Arithmetic : part1 : 11 to 15

Following Simple Interest multiple choice objective type questions and answers will help you in many types of 2024 job and other entrance examinations :

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

15 years

20 years

30 years

12 years

12.In how many years will a sum of money double itself at 12% per annum:

6 years 9 months

8 years 3 months

7 years 6 months

8 years 6 months

13.A sum of Rs. 2600 is lent out in two parts in such a way that the interest on one part at 10% for 5 years is equal to that on another part at 9% for 6 years. The sum lent out at 10% is:

Rs. 1150

Rs. 1250

Rs. 1350

Rs. 1450

14.If the amount of Rs. 360 in 3 years is Rs. 511.20, what will be the amount of Rs. 700 in 5 years?

Rs. 1190

Rs. 1230

Rs. 1060

Rs. 1225

15.A sum of money will double itself in 16 years at simple interest with yearly rate of:

10%

6 %

16%

More Simple Interest QUESTIONS AND ANSWERS available in next pages

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Arithmetic Questions And Answers :: Simple Interest: part1