Interest – Aptitude MCQ Questions – 08 Posted on July 9, 2020July 9, 2020 by admin Question 1If the simple interest for 6 years be equal to 30% of the principal, it will be equal to the principal after = ? A. 20 years B. 30 years C. 10 years D. 22 years Question 2Rs. 6200 amounts to Rs. 9176 in 4 years at simple interest. If the interest rate is increased by 3% it would amount to how much? A. Rs. 8432 B. Rs. 9820 C. Rs. 9920 D. Rs. 10920 Question 3Rs. 6000 becomes Rs. 7200 in 4 years. If the rate becomes 1.5 times of itself, the amount of the same principal in 5 years will be = ? A. Rs. 8000 B. Rs. 8250 C. Rs. 9250 D. Rs. 9000 Question 4The simple interest on a certain sum of money at the rate of 5% p.a. for 8 years is Rs. 840. At what rate of interest the same account of interest can be received on the same sum after 5 years? A. 6% B. 8% C. 9% D. 10% Question 5Veena obtained an amount of Rs. 8376 as simple interest on a certain amount at 8 p.c.p.a. after 6 years. what is the amount invested by veena? A. Rs. 16660 B. Rs. 17180 C. Rs. 17450 D. Rs. 18110 E. None of these Question 6The simple interest at x% for x years will be Rs. x on a sum of: A. Rs. x B. Rs. 100/x C. Rs. 100x D. Rs. 100/2x Question 7Rs. 1000 is invested at 5% per annum simple interest. If the interest is added to the principal after every 10 years, the amount will become Rs. 2000 after = ? A. 15 years B. 18 years C. 20 years D. 16*2/3 years Question 8A 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 investment is = ? A. 6 : 3 : 2 B. 2 : 3 : 4 C. 3 : 4 : 6 D. 3 : 4 : 2 Question 9At which sum the simple interest at the rate of 3*3/4% per annum will be Rs. 210 in 2*1/3 years? A. Rs. 1580 B. Rs. 2400 C. Rs. 2800 D. None of these Question 10The simple interest accrued on a certain principal in 5 years at the rate of 12 p.c.p.a. is Rs.1536. what amount of simple interest would one get if one invests Rs.1000 more than the previous principal for 2 years and at the same rate p.c.p.a. ? A. Rs. 614.40 B. Rs. 845.40 C. Rs. 1536 D. Rs. 2136 E. None of these