What topics are covered in the Simple Interest MCQs practice set?

Comprehensive Simple Interest MCQs for aptitude preparation. Covers all key concepts, shortcuts, and problem-solving techniques commonly asked in placement exams and competitive tests.

How many questions are in the Simple Interest MCQs set?

This practice set contains 14 multiple-choice questions.

How is scoring handled?

Each question has one correct answer. You will see your score and explanations after submitting.

Can I retake the practice test?

Yes, you can retake any practice set multiple times to track your improvement.

Simple Interest MCQs Questions

Instructions

For each question, select the best answer from the options provided. You can view detailed explanations immediately after answering. Navigate through pages using the controls below.

Question 1

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

Question 2

Mr. Thomas invested an amount of Rs. 13,900 divided in two different schemes A and B at the simple interest rate of 14% p.a. and 11% p.a. respectively. If the total amount of simple interest earned in 2 years be Rs. 3508, what was the amount invested in Scheme B?

Question 3

A sum fetched a total simple interest of Rs. 4016.25 at the rate of 9 p.c.p.a. in 5 years. What is the sum?

Question 4

How much time will it take for an amount of Rs. 450 to yield Rs. 81 as interest at 4.5% per annum of simple interest?

Question 5

Reena took a loan of Rs. 1200 with simple interest for as many years as the rate of interest. If she paid Rs. 432 as interest at the end of the loan period, what was the rate of interest?

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