Category : Mathematics

Simple Interest in Mathematics Online Test Quiz

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Questions & Options


1. A man invests 500 for 4 years and 600 for 3 years and earns simple interest of 190. Find the rate of interest.

85537 2%
85538 7%
85539 5%
85540 9%

2. In what time 700 amounts to 805 at 5% per amount?

85541 3 years
85542 5 years
85543 7 years
85544 4 years

3. A bicycle can be purchased at 800. A customer can purchase it in 12 monthly installments of 80. What is the rate of interest?

85545 18%
85546 22%
85547 20%
85548 15%

4. What will be the sum of money which earns monthly interest 600 at 6% per annum?

85549 110000
85550 120000
85551 150000
85552 450000

5. A moneylender borrowed 2400 for 2years. If he paid interest on the 1/3 part and 4% interest on the remaining part then how much interest was paid by him?

85553 217
85554 370
85555 320
85556 208

6. If interest on 18860 is 740, then what will be the amount?

85557 18600
85558 19600
85559 19900
85560 18800

7. The interest of 1 Rupee in one month is 1 paise. What is the rate of interest?

85561 11%
85562 10%
85563 8%
85564 12%

8. The sum of money doubles itself at simple interest in 16 years. What is the rate of interest?

85565 20/3%
85566 21/4%
85567 25/4%
85568 13/4%

9. A sum of money amount to 2750 in 2 years at 5% per annum. At what rate the same money amount to 3000 in 2 years?

85569 12 %
85570 10%
85571 15%
85572 20%

10. Jackie lent out some money on simple interest. After 30 years he received three times his money. What is the rate of interest?

85573 20/3%
85574 50/3%
85575 25/3%
85576 10/3%
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