Quantitative Aptitude

Simple and Compound Interest

3,394 Questions

All Simple interest and its inverse forms 768 Compound interest with annual compounding 742 Simple-interest growth and split sums 626 Difference between compound and simple interest 479 Half-yearly and quarterly compounding 252 Changing rates and fractional years 201 Installments (CI based) 190 Ratio of principal to interest 118 Population growth and depreciation 16

Simple and Compound Interest Questions

Multiple choice

At what rate per cent simple interest will a sum of money triple itself in $25$ years?

$6$%
$8$%
$5$%
$4$%

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Multiple choice

What principal will amount of $Rs. 560$ in $3$ years at $4\%$ per annum simple interest?

$60$
$500$
$620$
$510$

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Multiple choice

A man lends $Rs. 350$ for $6$ years and $Rs. 540$ for $2\dfrac {1}{2}$ years to two person and receives in all $Rs. 85$ as interest. Find the rate per cent, if simple interest be reckoned

$7$%
$ \dfrac{170}{69}$%
$3.33$%
$3$%

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Multiple choice

In what time will the interest on any sum of money at $10$ percent be $\dfrac {1}{4}$ of the sum?

$5$ years
$2\dfrac {1}{2}$ years
$4$ years
$2$ years

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Multiple choice

The simple interest on $Rs. 2800$ for $5$ years at $6$% per annum is

$Rs. 900$
$Rs. 760$
$Rs. 800$
$Rs. 840$

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Multiple choice

A certain sum is to be invested for a certain time at simple interest at $9\%$ p.a., such that there is an increase of $36\%$ in the sum. Find the time.

$\displaystyle 5\frac{1}{9}$ years
$4$ years
$8$ years
$\displaystyle 4\frac{1}{9}$ years

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Multiple choice

A certain sum is to be invested for a certain time at simple interest at $6$% p.a., such that there is an increase of $24$% in the sum. Find the time.

$2$ years
$3$ years
$4$ years
$5$ years

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Multiple choice

Muthhamiz deposits Rs. $5400$ and got back an amount of Rs. $6000$ after a year. What is the interest amount?

$600$
$1,200$
$1,600$
$1,000$

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Multiple choice

In what time will the simple interest on Rs. $900$ at $6\%$ be equal to S.I. on Rs. $540$ for $4$ years at $5\%$.

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Multiple choice

Calculate the principal when time $= 10$ years, interest = Rs. $3000$; rate $= 5\%$ p.a.

Rs. $5000$
Rs. $6000$
Rs. $7000$
Rs. $8000$

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Multiple choice

Sam invested a certain amount of money and got back an amount of Rs. $5000$. If the bank paid an interest of Rs. $2700$, find the amount Sam invested.

$1300$
$2300$
$4300$
$3300$

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Multiple choice

Determine the principal when time $= 2$ years, interest $=$ Rs. $ 1000$; rate $= 5\%$ p.a.

Rs. $10000$
Rs. $20000$
Rs. $30000$
Rs. $40000$

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Multiple choice

Gishaan has Rs. $500$ in a savings account that earns $5\%$ interest per year. The interest is not compounded. How much interest will he earn in $4$ years?

Rs. $100$
Rs. $200$
Rs. $300$
Rs. $400$

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Multiple choice

Find the interest for the principal Rs. $4110$ at the rate of $3\%$ for $4$ years.

$343.50$
$493.20$
$460.19$
$531.12$

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Multiple choice

Eden deposited Rs. $10000$ for $4$ year at a rate of $6$% p.a. Find the interest he got.

$2000$
$2400$
$2800$
$3200$

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