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

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16.  If rupee one produces rupees nine over a period of 40 years, find the rate of simple interest?

  •  20 %
  • 221/2%
  • 0.1
  • 0.15

17. A certain sum of money doubles itself in 10 years in how much many years will it trible itself at the same rate?

  • 10 years
  • 20 years
  • 15 years
  • 40 years

18. Rs.1500 is divided into two parts such that if one part is invested at 6% and the other at 5% the whole annual interest from both the sum is Rs.85. How much was lent at 5%?

  • 1000
  • 500
  • 250
  • 1500

19. The simple interest on a sum of money is 4/9 of the principal and the number of years is equal to the rate percent. Find the rate and the time?

  • 63/3%
  • 62/3%
  • 64/3%
  • 65/3%

20. In what time will Rs.4000 lent at 3% per annum on simple interest earn as much interest as Rs.5000 will earn in 5 years at 4% per annum on simple interest?

  • 82/2
  • 81 / 3
  • 84/4
  • 83/4