Simple Interest Exercise 1

Simple Interest 1

  • This online quiz will test your knowledge of Simple Interest in Quantitative Aptitude.
  • This Online Test is useful for academic and competitive exams.
  • Multiple answer choices are given for each question in this test. You have to choose the best option.
  • After completing the test, you can see your result.
  • There is no negative marking for wrong answers.
  • There is no specified time to complete this test.

What is the interest received on a principal of ₹450 for 2 year if the interest received on ₹1 after four year at the same rate of simple interest is ₹0.40?

Ms. Sandhya deposits an amount of ₹31,400 to obtain a simple interest at the rate of 12 per cent per annum for 8 years. What total amount will Ms. Sandhya get at the end of 8 years?

Mr. Deepak invested an amount of ₹21,250 for 6 years. At what rate of simple interest will he obtain the total amount of ₹26,350 at the end of 6 years?

Arunima invests an amount of ₹10,250@4% p.a. to obtain a total amount of ₹12,710 on simple interest after a certain period. For how many year did she invest the amount to obtain the total sum?

What would be the simple interest obtained on an amount of ₹6,420 at the rate of 7% p.a. after 4 years?

Ms. Neelam deposits an amount of ₹16420 at simple interest and obtained ₹25451 at the end of 5 years. What was the rate of interest per year?

What would be the simple interest obtained on an amount of ₹3460 at the rate of 8.5 per cent per annum after 6 years?

Girish invested a certain amount at the rate of 8% p.a. for 6 year to obtain an amount of ₹28,046. How much amount did Girish obtain as simple interest?

Ms. Maya deposits an amount of ₹17,800 and obtained ₹31,684 at the end of 6 years. What was the rate of simple interest per year?

What would be the simple interest obtained on an amount of ₹5,580 at the rate of 6.5% p.a. after 5 years?

Mr. Anuraag Awasthi deposits an amount of ₹56500 to obtain a simple interest at the rate of 12% p.a. for 3 years. What total amount will Mr. Anuraag Awasthi get at the end of 3 year?

Veena obtained an amount of ₹8, 376 as simple interest on a certain amount at 8% p.a. after 6 years. What is the amount invested by Veena?

The interest on sum of money at the end of 2½ years is ⅘ of the sum. The rate per cent per year is

The simple interest on ₹200 for 7 months at 5 paise per rupee per month is

What annual installment will discharge a debt of ₹4,200 due in 5 years at 10% simple interest?

A person borrows ₹5000 for 2 years at 4% p.a. simple interest. He immediately lends it to another person at 6¼% p.a. for 2 years. Find his gain in the transaction per year.

A certain amount earns simple interest of ₹1750 after 7 years Had the interest been 2% more, how much more interest would it have earned?

What will be the ratio of simple interest earned by certain amount at the same rate of interest for 6 years and that for 9 years?

A lent ₹5000 to B for 2 years and ₹3000 to C for 4 years on simple interest at the same rate of interest and received ₹2200 in all from both of them as interest. The rate of interest per annum is:

The difference between the simple interest received from two different sources on ₹1500 for 3 years is ₹13.50. The difference between their rates of interest is:

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