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/-
Answers :
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
