Arithmetic Questions And Answers :: Simple Interest: part2



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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