Loading, please wait...

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

Search here for MCQs

Are you preparing for the next job interviews? If yes, trust me this post will help you also we'll suggest you check out a big collection for Programming Full Forms that may help you in your interview:

List of Programming Full Forms 

36. A certain sum is invested at simple interest at 18% p.a. for two years instead of investing at 12% p.a. for the same time period. Therefore the interest received is more by Rs. 840. Find the sum?

  • 14000
  • 28000
  • 3500
  • 7000

37. An amount of Rs. 3000 becomes Rs. 3600 in four years at simple interest. If the rate of interest was 1% more, then what was be the total amount?

  • Rs. 3700
  • Rs. 4000
  • Rs. 1200
  •  Rs. 3720.

38.  A certain sum becomes four times itself at simple interest in eight years. In how many years does it become ten times itself?

  • 21
  • 23
  • 25
  • None of these

39. At what rate of interest is an amount doubled in two years, when compounded annually?

  • 0.4
  • 0.43
  • 0.41
  •  41.4%

40.  Vijay lent out an amount Rs. 10000 into two parts, one at 8% p.a. and the remaining at 10% p.a. both on simple interest. At the end of the year he received Rs. 890 as total interest. What was the amount he lent out at 8% pa.a?

  • 5000
  • 5550
  • 5555
  • 5500