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Simple Interest in Aptitude MCQ Quiz (Multiple Choice Questions And Answers)

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51. A sum fetched a total simple interest of Rs. 4016.25 at the rate of 9% p.a. in 5 years. What is the sum?

  •  8925
  • 8259
  • 8564
  • 8256

52. Rs. 800 becomes Rs. 956 in 3 years at a rate of S.I. If the rate of interest is increased by 4%, what amount will Rs. 800 become in 3 years?

  •  1052
  • 1054
  • 1056
  • 1058

53. A certain amount earns simple interest of Rs. 1750 after 7 years. Had the interest been 2% more, how much more interest would it have earned?

  •  Cannot be determined
  • 35
  • 245
  •  350

54.  What will be the ratio of simple interest earned by certain amount at the same rate of interest for 6 years and that for 9 years?

  • ratio 2:3
  • ratio 3:2
  • ratio 1:2
  • ratio 2:1

55. Nitin borrowed some money at the rate of 6% p.a. for the first three years, 9% p.a. for the next five years and 13% p.a. for the period beyond eight years. If the total interest paid by him at the end of eleven years is Rs. 8160, how much money did he borrow?

  • Rs. 8000
  • Rs. 4000
  • Rs. 1200
  • Rs. 12000