Quantitative Aptitude

General Questions

21.  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
22.  At what rate percent per annum will the simple interest on a sum of money be of the amount in 10 years ?

A. 4%
B. 52/3%
C. 6%
D. 62/3%
23.  A leads ₹ 2500 to B and a certain sum to C at the same time at 7% p.a. simple interest. If after 4 years, A altogether receives ₹ 1120 as interest from B and C, then the sum lent to C is:
A. ₹ 700
B. ₹ 1500
C. ₹ 4000
D. ₹ 6500
24.  The difference between the simple interest received from two different sources on the ₹ 1500 for 3 years is ₹ 13.50. The difference between their rates of interest is :

A. 0.1%
B. 0.2%
C. 0.3%
D. 0.4%
E. None of these
25.  Mr. Thomas invested an amount of ₹ 13,900 divided in two different schemes A and B at the simple interest rate of 14% p.a. and 11% p.a. respectively. If the total amount of simple interest earned in 2 years be ₹ 3508, what was the amount invested in Scheme B?

A. ₹ 6400
B. ₹ 6500
C. ₹ 7200
D. ₹ 7500
E. None of these
26.  A sum ₹ 1440 is lent out in three parts in such a way that the interest on first part at 2% for 3 yr, second part at 3% for 4 yr and third part at 4% for 5 yr equal . Then, the difference between the largest and the smallest sum is?

A. ₹ 400
B. ₹ 560
C. ₹ 460
D. ₹ 200
27.  The price of a T.V. set worth ₹ 20,000 is to be paid in 20 instalments of ₹ 1000 each. If the rate of interest be 6% per annum, and the first instalment be paid at the time of purchase, then the value of the last instalment covering the interest as well will be

A. ₹ 1050
B. ₹ 2050
C. ₹ 3000
D. None of these
28.  Peter invested an amount of ₹ 12,000 at the rate of 10 p.c.p.a. simple interest and another amount at the rate of 20 p.c.p.a. simple interest. The total interest earned at the end of one year on the total amount invested became 14 p.c.p.a. Find the total amount invested.

A. ₹ 20,000
B. ₹ 22,000
C. ₹ 24,000
D. ₹ 25,000
E. None of these
29.  If the annual rate of simple interest increases from 10% to 12 %, a man's yearly income increases by ₹ 1250. His principal (in ₹) is :

A. 45,000
B. 50,000
C. 60,000
D. 65,000
30.  A sum of ₹ 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 at 9% for 6 years. The sum lent out at 10% is :

A. ₹ 1150
B. ₹ 1250
C. ₹ 1350
D. ₹ 1450