# Aptitude Questions: Simple Interest Set 7

Hello Aspirants. Welcome to Online Quants Quiz in AffairsCloud.com. Here we are creating question sample in **Simple Interest**, which is common for all the IBPS, RRB exam and other competitive exams. We have included Some questions that are repeatedly asked in exams !!

**A certain sum of money at certain rate of interest becomes Rs 3420 after 2 years and at same rate after two and a half years becomes Rs 3525. Find the rate percent per annum.**

A) 8.5%

B) 8%

C) 7%

D) 10%

E) 11%

**Rs 1200 becomes Rs 1632 after 4 years. If the rate of interest is increased by 2%, what will be the amount then?**

A) Rs 1,890

B) Rs 1,844

C) Rs 1,756

D) Rs 1,728

E) None of these

**Rs 240 amounts to Rs 259.2 in 2 years, what will Rs 320 amount to in 4 yrs?**

A) Rs 454.5

B) Rs 365.2

C) Rs 485.2

D) Rs 435.4

E) Rs 371.2

**Arun divides Rs 4702 among A, B, and C, so that if the amounts being invested at 4% simple interest, the amounts received after 2, 3 and 4 yrs by A, B, and C respectively is equal. Find the share of B?**

A) Rs 1,458

B) Rs 1,556

C) Rs 2,358

D) Rs 1,237

E) None of these

**Rs 6200 is lent in two parts , one part at 6% for 5 years and second part at 8% for 4 years. After 5 years and 4 years respectively, the interests received from both parts is same. Find the amount lend at 6%.**

A) Rs 3,100

B) Rs 3,200

C) Rs 3,550

D) Rs 3,250

E) Rs 3,000

**What annual payment will discharge a debt of Rs 15,750 due in 3 years with rate if interest being 5% per annum?**

A) Rs 5,000

B) Rs 6,000

C) Rs 4,580

D) Rs 5,020

E) None of these

**Rs 15,000 is to be invested in 2 schemes, one part is invested in scheme A which offers 9.5% rate of interest and remaining part is invested in scheme B which offers 5% rate on interest. After 3 years, a total of Rs 3600 is received as simple interest. What is the part invested in scheme A?**

A) Rs 10,000

B) Rs 9,000

C) Rs 11,500

D) Rs 10,500

E) None of these

**A sum of money invested for 13 years yields Rs 2500 as simple interest. The interest rate being charged at 4% for first 3 years, 5% for next 4 years and 8% beyond 7 years. What is the principal invested?**

A) Rs 3,525

B) Rs 3,475

C) Rs 3,125

D) Rs 2,125

E) None of these

**A certain sum of money invested at 4% for 9 years yields Rs 1980 as simple interest. At what rate of interest the same amount can be received on the same sum after 6 years?**

A) 8.5%

B) 7%

C) 6.5%

D) 6%

E) 8%

**A borrowed Rs 2500 and some money from B and C respectively at 7% rate. After 4 years A pays a total of Rs 1120 as simple interest to B and C. What is the sum borrowed from C?**

A) Rs 1475

B) Rs 1500

C) Rs 1875

D) Rs 1935

E) Rs 1600

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