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Arithmetic Aptitude :: Simple Interest

  1. At what rate percent per annum will the simple interest on a sum of money be 2/5 of the amount in 10 years?
  2. A.
    4%
    B.
    5 2/3 %
    C.
    6%
    D.
    6 2/3 %

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  3. In how much time would the simple interest on a certain sum be 0.125 times the principal at 10% per annum?
  4. A.
    1 1/4 years
    B.
    1 3/4 years
    C.
    2 1/4 years
    D.
    2 3/4 years

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  5. A sum of money becomes 7/6 of itself in 3 years at a certain rate of simple interest. The rate per annum is?
  6. A.
    5 5/9 %
    B.
    6 5/9 %
    C.
    18%
    D.
    25%

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  7. A lends Rs. 2500 to B and a certain to C at the same time at 7% p.a. simple interest. If after 4 years, A altogether receives Rs. 1120 as interest from B and C, then the sum lent to C is?
  8. A.
    Rs. 700
    B.
    Rs. 1500
    C.
    Rs. 4000
    D.
    Rs. 6500

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  9. A lent Rs. 5000 to B for 2 years and Rs. 3000 to C for 4 years on simple interest at the same rate of interest and received Rs. 2200 in all from both of them as interest. The rate of interest per annum is?
  10. A.
    5%
    B.
    7%
    C.
    7 1/8 %
    D.
    10%

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  11. The difference between the simple interest received from two different sources on Rs. 1500 for 3 years is Rs. 13.50. The difference between their rates of interest is?
  12. A.
    0.1%
    B.
    0.2%
    C.
    0.3%
    D.
    0.4%

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  13. Peter invested an amount of Rs. 12,000 at the rate of 10% p.a simple interest and another amount at the rate of 20% p.a. simple interest. The total interest earned at the end of one year on the total amount invested became 14% p.a. Find the total amount invested?
  14. A.
    Rs. 20,000
    B.
    Rs. 22,000
    C.
    Rs. 24,000
    D.
    Rs. 25,000

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  15. If the annual rate of simple interest increases from 10% to 12 1/2 %, a man's yearly income increases by Rs. 1250. His principal in Rs. is?
  16. A.
    45000
    B.
    50000
    C.
    60000
    D.
    65000

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  17. A money lender finds that due to a fall in the annual rate of interest from 8% to 7 3/4 % his yearly income diminishes by Rs. 61.50, his capital is?
  18. A.
    Rs. 22,400
    B.
    Rs. 23,800
    C.
    Rs. 24,600
    D.
    Rs. 26,000

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  19. The price of a T.V. set worth Rs. 20000 is to be paid in 20 installments of Rs. 1000 each. If the rate of interest be 6% per annum, and the first installment be paid at the time of purchase, then the value of the last installment covering the interest as well will be?
  20. A.
    Rs. 1050
    B.
    Rs. 2050
    C.
    Rs. 3000
    D.
    None of these

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