# Aptitude Questions: Simple Interest Set 8

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 !!

Questions penned by Yogit

**The simple interest on a sum of money will be rupees 210 after 3 years. In the next 3 years, principal become 4 times, then the total interest at the end of 6 years.**

a) 1020

b) 1050

c) 1080

d) 1100

e)None of these

**Rahul earns an income of rupees 1200 when he put rupees 3000 at R% per annum and rupees 4500 at one percent higher than previous. He invests for a period of 5 years. Find the rates of interest**

a) 39/25 and 63/25

b) 38/25 and 64/25

c) 13/5 and 18/5

d) 39/25 and 44/25

e)None of these

**A sum of 5000 is invested in which the investor gets 800 as simple interest at the rate of 4 percent per annum. To get an interest of 2000 rupees on the same sum in the same number of years, what will be the rate of interest?**

a) 5%

b) 10%

c) 15%

d) 20%

e)None of these

**A certain sum of money is borrowed by ankit at 5 percent per annum for 10 years. If he pays an interest of rupees 200, then the total amount paid by ankit.**

a) 450

b) 500

c) 600

d) 650

e)None of these

**Rakesh borrowed rupees 5000 from a bank ABC at simple interest. He pays bank 3000 rupees at the end of 3 years and again he pays 2500 at the end of 5 years from the date of borrowing, Find the rate of interest charged by bank.**

a) 50/21 %

b) 50/19 %

c) 50/23 %

d) 50/23 %

e)None of these

**Some amount of money out of 8000 rupees is lent at 8 percent and remaining at 6 percent per annum. If the total interest obtained from both sum in 4 years is 2400, then find the sum lent at 8 percent rate (approx)**

a) 6000

b) 3000

c) 5000

d) 4000

e)None of these

**Two equal amount of sum are deposited in banks at the rate 5 percent per annum. The amount deposited for 3 and 5 years respectively. If the difference between the SI obtained is 120 rupees, then find the sum**

a) 1100

b) 1200

c) 1300

d) 1400

e)None of these

**A sum of rupees is divided between three people A, B and C in such a way that after 2 years, 3 years and 4 years respectively the amount they get is equal. The rate of interest is 10 percent. Find the ratio in which the amount is divided.**

a) 91:43:78

b) 91:84:78

c) 90:43:78

d) 91:47:89

e)None of these

**Mohan invested 20000 rupee in fixed deposit at the rate of 10% simple interest. After every 3 rd year he added interest to principal. Find the interest earned at the end of 6**^{th}year.

a) 7800

b) 8000

c) 7600

d) 8200.

e)None of these

**The simple interest on a certain sum is 4/9 of the principal and the numbers of years is equal to the rate of interest. The rate of interest is.**

a) 20/3

b) 10/3

c) 13/3

d) 14/3

e)None of these

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