Simple Interest related aptitude questions for preparing for bank questions. Prepare for bank exams for Karur Vysya Bank with these simple interest problems.

A person took some amount with some interest for 2 years, but increase the interest for 1%, he paid Rs.120/- extra, then how much amount he took?

A.) Rs.5500/- B.) Rs.6000/-

C.) Rs.4000/- D.) Rs.7000/-

2. A borrow took by a man, for every 5 years it will be doubled, then what is the rate of the interest?

A.) 15% B.) 20%

C.) 22% D.) 23%

3. Find simple interest on Rs.4000/- at 15% p.a. for 9months?

A.) Rs.350/- B.) Rs.450/-

C.) Rs.125/- D.) Rs.175/-

4. Find the principle, interest on Rs.900/- at 6% p.a. for 3 years?

A.) Rs.5000/- B.) Rs.4500/-

C.) Rs.3500/- D.) Rs.2200/-

5. If the simple interest on Rs.400 for 3 years is Rs.4000/-, what is the rate of interest percent per annum?

A.) 4 1/3% B.) 3 1/4%

C.) 3 1/3% D.) None of these

6. A borrow took by a man, for every 8 years it will be 3 times, then what is the rate of the interest?

A.) 15% B.) 20%

C.) 25% D.) 28%

7. An employ sell a t.v for Rs.9000/- with 10% simple interest for 5 years on an installment basis. Then How much amount he paid for each installment?

A.) Rs.1200/- B.) Rs.1500/-

C.) Rs.1400/- D.) Rs.1350/-

8. In how many years will sum of Rs.6000/- yield an interest of Rs.1200/- at 8% p.a?

A.) 2 1/2years B.) 2 years

C.) 1 1/2years D.) 3years

9. Simple interest on a certain sum 16/25 of the sum. if both the rate of interest and time are same. then what is the rate of interest?

A.) 7% B.) 8%

C.) 16% D.) 21%

10. A man took some money for borrowed, for 3 years the total will be Rs.4000 and 5 years it will be Rs.5000/-. Then how much amount he borrowed?

A.) Rs.500/- B.) Rs.1500/-

C.) Rs.2500/- D.) Rs.1000/-

1. B 2. B 3. B 4. A 5. C

6. C 7. B 8. A 9. B 10. C

A person took some amount with some interest for 2 years, but increase the interest for 1%, he paid Rs.120/- extra, then how much amount he took?

A.) Rs.5500/- B.) Rs.6000/-

C.) Rs.4000/- D.) Rs.7000/-

2. A borrow took by a man, for every 5 years it will be doubled, then what is the rate of the interest?

A.) 15% B.) 20%

C.) 22% D.) 23%

3. Find simple interest on Rs.4000/- at 15% p.a. for 9months?

A.) Rs.350/- B.) Rs.450/-

C.) Rs.125/- D.) Rs.175/-

4. Find the principle, interest on Rs.900/- at 6% p.a. for 3 years?

A.) Rs.5000/- B.) Rs.4500/-

C.) Rs.3500/- D.) Rs.2200/-

5. If the simple interest on Rs.400 for 3 years is Rs.4000/-, what is the rate of interest percent per annum?

A.) 4 1/3% B.) 3 1/4%

C.) 3 1/3% D.) None of these

6. A borrow took by a man, for every 8 years it will be 3 times, then what is the rate of the interest?

A.) 15% B.) 20%

C.) 25% D.) 28%

7. An employ sell a t.v for Rs.9000/- with 10% simple interest for 5 years on an installment basis. Then How much amount he paid for each installment?

A.) Rs.1200/- B.) Rs.1500/-

C.) Rs.1400/- D.) Rs.1350/-

8. In how many years will sum of Rs.6000/- yield an interest of Rs.1200/- at 8% p.a?

A.) 2 1/2years B.) 2 years

C.) 1 1/2years D.) 3years

9. Simple interest on a certain sum 16/25 of the sum. if both the rate of interest and time are same. then what is the rate of interest?

A.) 7% B.) 8%

C.) 16% D.) 21%

10. A man took some money for borrowed, for 3 years the total will be Rs.4000 and 5 years it will be Rs.5000/-. Then how much amount he borrowed?

A.) Rs.500/- B.) Rs.1500/-

C.) Rs.2500/- D.) Rs.1000/-

**Answers :**1. B 2. B 3. B 4. A 5. C

6. C 7. B 8. A 9. B 10. C

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