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Arithmetic Aptitude :: Simple Interest

  1. A sum fetched a total simple interest of Rs. 4016.25 at the rate of 9% p.a. in 5 years. What is the sum?
  2. A.
    Rs. 4462.50
    B.
    Rs. 8032.50
    C.
    Rs. 8900
    D.
    Rs. 8925

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  3. Rs. 800 becomes Rs. 956 in 3 years at a rate of S.I. If the rate of interest is increased by 4%, what amount will Rs. 800 become in 3 years?
  4. A.
    Rs. 1020.80
    B.
    Rs. 1025
    C.
    Rs. 1052
    D.
    None of these

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  5. 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?
  6. A.
    Rs. 35
    B.
    Rs. 245
    C.
    Rs. 350
    D.
    Cannot be determined

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  7. 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?
  8. A.
    1:3
    B.
    1:4
    C.
    2:3
    D.
    Data inadequate

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  9. Nitin borrowed some money at the rate of 6% p.a. for the first three years, 9% p.a. for the next five years and 13% p.a. for the period beyond eight years. If the total interest paid by him at the end of eleven years is Rs. 8160, how much money did he borrow?
  10. A.
    Rs. 8000
    B.
    Rs. 10000
    C.
    Rs. 12000
    D.
    Data inadequate

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  11. An automobile financier claims to be lending money at S.I., but he includes the interest every six months for calculating the principal. If he is charging an interest of 10%, the effective rate of interest becomes?
  12. A.
    10%
    B.
    10.25%
    C.
    10.5%
    D.
    None of these

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  13. A sum of money at simple interest amounts to Rs. 815 in 3 years and to Rs. 854 in 4 years. The sum is?
  14. A.
    Rs. 650
    B.
    Rs. 690
    C.
    Rs. 698
    D.
    Rs. 700

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  15. A sum of money lent out at S.I. amounts to Rs. 720 after 2 years and to Rs. 1020 after a further period of 5 years. The sum is?
  16. A.
    Rs. 500
    B.
    Rs. 600
    C.
    Rs. 700
    D.
    Rs. 710

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  17. A sum of money amounts to Rs. 9800 after 5 years and Rs. 12005 after 8 years at the same rate of simple interest. The rate of interest per annum is?
  18. A.
    5%
    B.
    8%
    C.
    12%
    D.
    15%

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  19. At what rate percent of simple interest will a sum of money double itself in 12 years?
  20. A.
    8 1/4 %
    B.
    8 1/3 %
    C.
    8 1/2 %
    D.
    9 1/2 %

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