Simple Interest Questions and Answers - Arithmetic :: 1 :: part2 :: 2024

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Simple Interest QUESTIONS AND ANSWERS :: Arithmetic : part2 : 1 to 5

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

1.A man lends Rs. 10000 in four parts. If be gets 8% on Rs. 2000 7 on Rs. 4000 and 8 on Rs. 1400 what per cent must he get for the remainder, if the average interest is 8.13%?

7%

9%

9

10

2.A certain sum of money at simple interest amounts to Rs. 1012 in 2 years. The rate of interest per annum is:

2.5%

3%

4%

5%

3.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:

10

6

8

9

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

5%

20%

12%

date inadequate

5.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 QUESTIONS AND ANSWERS available in next pages

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