Interest – Aptitude MCQ Questions – 08 Posted on July 9, 2020July 9, 2020 by admin Question 1The 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 Question 2Veena 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 3At 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 4Rs. 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 5The 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 6Rs. 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 7A 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 8The 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 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 10Rs. 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