Simple Interest in Aptitude MCQ Quiz (Multiple Choice Questions And Answers)
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86. The rate of interest on a sum of money is 4 % per annum for the first 2 years. 6 % per annum for the next 4 years and 8 % per annum for the period beyond 6 years. If the simple interest accrued by the sum for a total period of 9 years is Rs. 1120, what is the sum?
- 1000
- 500
- 2000
- 2500
- 200
- 150
- 180
- 100
88. man deposited Rs. 400 for 2 years. Rs.550 for 4 years and Rs.1200 for 6 years. He received Rs.1020 as the total simple interest. The rate of interest per annum is?
- 20
- 5
- 10
- 25
89. A sum of money amounts to Rs.5200 in 5 years and to a Rs.5680 in 7 years at simple interest. The rate of interest per annum is?
- 0.12
- 0.24
- 6 %
- 0.03
- Rs. 2500
- Rs. 2600
- Rs.2400
- Rs. 2200
