
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 |
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