Interest – Aptitude MCQ Questions – 11

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Question 1
In what time will Rs. 1860 amount to 2641.20 at simple interest 12% per annum ?



Question 2
Jhon invested a sum of money at an annual simple interest rate of 10%. At the end of four years the amount invested plus interest earned was Rs. 770. The amount invested was = ?



Question 3
The population of a village decreases at the rate of 20% per annum. If its population 2 years ago was 10000, the present population is = ?



Question 4
The sum invested in scheme B is thrice the sum invested in scheme A. The investment in scheme A is made for 4 years at 8% p.a. simple interest and in scheme B for 2 years at 13% p.a. simple interest. The total interest earned from both the schemes is Rs. 1320. How much amount was invested in scheme A?



Question 5
Rs. 12000 is divided into two parts such that simple interest on the first part for 3 years at 12% per annum may be equal to the simple interest on the second part for 4*1/2years at 16% per annum. The ratio of the first part to the second part is = ?



Question 6
In how much time would the simple interest on a certain sum be 0.125 times the principal at 10% per annum?



Question 7
If a sum doubles in 6 years, how much will it be in 8 years ?



Question 8
A person who pays income tax at the rate of 4 paise per rupee, find that fall of interest rate (income tax) from 4% to 3.75% diminishes his net yearly income by Rs. 48. What is his capital ?



Question 9
The simple interest on a sum of money at 8% per annum for 6 years is half the sum. The sum is:



Question 10
In a certain time, the ratio of a certain principal and interest obtained from it are in the ratio 10 : 3 at 10% interest per annum. The number of years for which the money was invested is = ?



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