Interest – Aptitude MCQ Questions – 08 Posted on July 9, 2020July 9, 2020 by admin Question 1The 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 2Rs. 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 3Veena 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 4A 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 5Rs. 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 6At 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 7The 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 8Rs. 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 9If 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 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