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Simple Interest

Sum of Rs.4000 is given out in 2 pieces, one at 8% S.I. and the other at 10% S.I

May 24, 2022 by admin

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Practice Simple Interest – Sum of Rs.4000 is given out in 2 pieces, one at 8% S.I. and the other at 10% S.I. If the annual interest is Rs 352, the sum is given at 8% is

Categories Quantitative Aptitude Qs, Simple Interest Leave a comment

Find the simple interest on the amount 3000 from Apr 3,2013 to June 15 2013 at 5

May 24, 2022 by admin

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Practice Simple Interest – Find the simple interest on the amount 3000 from Apr 3,2013 to June 15 2013 at 5 1/2 rate per annum?

Categories Quantitative Aptitude Qs, Simple Interest Leave a comment

An amount of money invested on simple interest becomes 5 times of itself in 16 y

May 24, 2022 by admin

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Practice Simple Interest – An amount of money invested on simple interest becomes 5 times of itself in 16 years. What is the rate of interest per annum?

Categories Quantitative Aptitude Qs, Simple Interest Leave a comment

A sum of money at simple interest amounts to Rs. 815 in 3 years and to Rs. 854 i

May 24, 2022 by admin

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Practice Simple Interest – A sum of money at simple interest amounts to Rs. 815 in 3 years and to Rs. 854 in 4 years. The sum is:

Categories Quantitative Aptitude Qs, Simple Interest Leave a comment

A man lent money of Rs. 2500 on simple interest for rate on interest being same

May 24, 2022 by admin

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Practice Simple Interest – A man lent money of Rs. 2500 on simple interest for rate on interest being same as number of years. If he got Rs. 900 as interest amount at the end of the period then what is the rate of interest?

Categories Quantitative Aptitude Qs, Simple Interest Leave a comment

A sum of Rs. 12,500 amounts to Rs. 15,500 in 4 years at the rate of simple inter

May 24, 2022 by admin

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Practice Simple Interest – A sum of Rs. 12,500 amounts to Rs. 15,500 in 4 years at the rate of simple interest. What is the rate of interest

Categories Quantitative Aptitude Qs, Simple Interest Leave a comment

A certain amount earns simple interest of Rs. 1750 after 7 years. Had the intere

May 24, 2022 by admin

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Practice Simple Interest – A certain amount earns simple interest of Rs. 1750 after 7 years. Had the interest been 2% more, how much more interest would it have earned?

Categories Quantitative Aptitude Qs, Simple Interest Leave a comment

At the beginning of March, Ryan had $621 in his savings bank account. On 10 Marc

May 24, 2022 by admin

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Practice Simple Interest – At the beginning of March, Ryan had $621 in his savings bank account. On 10 March he deposited $60. If the bank pays 8% p.a. interest paid monthly and calculated on the minimum monthly balance, calculate the interest Ryan earns in March.

Categories Quantitative Aptitude Qs, Simple Interest Leave a comment

Car is purchased on hire-purchase. The cash price is $21 000 and the terms are a

May 24, 2022 by admin

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Practice Simple Interest – Car is purchased on hire-purchase. The cash price is $21 000 and the terms are a deposit of 10% of the price, then the balance to be paid off over 60 equal monthly instalments. Interest is charged at 12% p.a.   What is the total cost of the car?

Categories Quantitative Aptitude Qs, Simple Interest Leave a comment

What is the rate of simple interest?
I. The total interest earned was Rs. 4

May 24, 2022 by admin

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Practice Simple Interest – What is the rate of simple interest?
I. The total interest earned was Rs. 4000.
II. The sum was invested for 4 years.

Categories Quantitative Aptitude Qs, Simple Interest Leave a comment

loan of $15 000 is taken out. If the interest rate on the loan is 7%, how much i

May 24, 2022 by admin

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Practice Simple Interest – loan of $15 000 is taken out. If the interest rate on the loan is 7%, how much interest is due and what is the amount repaid if the loan was taken out on April 7 and is due in seven months

Categories Quantitative Aptitude Qs, Simple Interest Leave a comment

Jan invested $210 with a building society in a fixed deposit account that paid 8

May 24, 2022 by admin

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Practice Simple Interest – Jan invested $210 with a building society in a fixed deposit account that paid 8% p.a. simple interest for 18 months. How much did she receive after the 18 months?

Categories Quantitative Aptitude Qs, Simple Interest Leave a comment

If there is a total of 104 weekly instalments and a third deposit, find the inte

May 24, 2022 by admin

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Practice Simple Interest – If there is a total of 104 weekly instalments and a third deposit, find the interest rate

Categories Quantitative Aptitude Qs, Simple Interest Leave a comment

An amount of $255 was invested at 8.5% p.a. How long will it take, to the neares

May 24, 2022 by admin

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Practice Simple Interest – An amount of $255 was invested at 8.5% p.a. How long will it take, to the nearest year, to earn $86.70 in interest?

Categories Quantitative Aptitude Qs, Simple Interest Leave a comment

Find the simple interest charged on borrowing $325 for 5 years at 3% p.a. (per a

May 24, 2022 by admin

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Practice Simple Interest – Find the simple interest charged on borrowing $325 for 5 years at 3% p.a. (per annum or per year) interest.

Categories Quantitative Aptitude Qs, Simple Interest Leave a comment
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