Quantitative Aptitude

General Questions

1.  Find the simple interest on ₹ 3000 at 6% per annum for the period from 4th Feb., 2017 to 18th April, 2017.
A. ₹ 47.50
B. ₹ 37.50
C. ₹ 27.50
D. None of these
2.  A person borrows Rs. 5000 for 2 years at 4% p.a. simple interest. He immediately lends it to another person at 6 p.a for 2 years. Find his gain in the transaction per year.

A. ₹ 112.50
B. ₹ 125
C. ₹ 150
D. ₹ 167.50
3.  A sum of ₹ 12,500 amounts to ₹ 15,500 in 4 years at the rate of simple interest . What is the rate of interest ?
A. 3%
B. 4%
C. 5%
D. 6%
E. None of these
4.  Reena took a loan of ₹ 1200 with simple interest for as many years as the rate of interest. If she paid ₹ 432 as interest at the end of the loan period, what was the rate of interest?
A. 3.6
B. 6
C. 18
D. Cannot be determined
E. None of these
5.  A sum fetched a total simple interest of ₹ 4016.25 at the rate of 9 p.c.p.a. in 5 years. What is the sum?
A. ₹ 4462.50
B. ₹ 8032.50
C. ₹ 8900
D. ₹ 8925
E. None of these
6.  What is the present worth of ₹ 132 due in 2 years at 5% simple interest per annum ?
A. ₹ 112
B. ₹ 118.50
C. ₹ 120
D. ₹ 122
7.  A man took loan from a bank at the rate of 12% p.a. simple interest. After 3 years he had to pay ₹ 5400 interest only for the period. The principal amount borrowed by him was:
A. ₹ 2000
B. ₹ 10,000
C. ₹ 15,000
D. ₹ 20,000
8.  ₹ 800 becomes Rs. 956 in 3 years at a certain rate of simple interest. If the rate of interest is increased by 4%, what amount will ₹ 800 become in 3 years ?
A. ₹ 1020.80
B. ₹ 1025
C. ₹ 1052
D. Data inadequate
E. None of these
9.  In how many years, ₹ 150 will produce the same interest @ 8% as ₹ 800 produce in 3 years @ 4% ?
A. 6
B. 8
C. 9
D. 12
10.  A certain amount earns simple interest of ₹ 1750 after 7 years. Had the interest been 2% more, how much more interest would it have earned?
A. ₹ 35
B. ₹ 245
C. ₹ 350
D. Cannot be determined
E. None of these

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