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

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91.  A person invests money in three different schemes for 6 years, 10 years and 12 years at 10 %, 12 %, and 15 %. Simple interest respectively. At the completion of each scheme, he gets the same interest. The ratio of his investments is

  • ratio 3:2:6
  • ratio 6:2:3
  • ratio 2:3:6
  • ratio 6 : 3 : 2

92. Simple interest on Rs.500 for 4 years at 6.25 % per annum is equal to the simple interest on Rs. 400 at 5 % per annum for a certain period of time. The period of time is?

  • 6
  • 12
  • 7
  • 6 ¼

93.  A borrows Rs.800 at the rate of 12 % per annum. Simple interest and B borrows Rs.910 at the rate of 10 % per annum simple interest. In how many years will their amounts at debts be equal?

  • 11
  • 44
  • 66
  • 22

94.  Rs.6000 becomes Rs.7200 in 4 years at a certain rate of interest. If the rate becomes 1.5 times of itself. The amount of the same principle in 5 years will be?

  • Rs 8000
  • Rs 8200
  • Rs 850
  •  Rs 8250

95. Kruti took a loan at simple interest at 6 % in the first year with an increase of 0.5 % in each subsequent year. She paid Rs. 3375 as interest after 4 years. How much loan did she take?

  • 12000
  • 13000
  • 13500
  • 12500