Quantitative Aptitude - MCQ Practice Questions

At what rate of simple interest per annum will ₹5000 amount to ₹6500 in 5 years?

A sum of money becomes ₹4200 in 2 years and ₹4800 in 4 years at simple interest. What is the principal amount?

Priya invested ₹12000 at 8% simple interest per annum. In how many years will the interest earned be equal to the principal?

Vikram lent ₹15000 to his friend at 10% simple interest per annum. After 2 years, his friend repaid ₹3000 and the remaining balance after another 1 year. How much total interest did Vikram receive?

Two equal sums were invested at simple interest, one at 12% per annum for 4 years and another at 15% per annum for 3 years. If the difference in interests earned is ₹540, what is each principal amount?

A bank offers a scheme where you can deposit ₹20000 and earn simple interest at 9% per annum. The same amount is also offered by another bank at 8.5% per annum with ₹500 annual bonus. After 6 years, which bank's offer is better and by how much?

Arun invested some money at 14% simple interest for 5 years and earned ₹2800 as interest. If he had invested the same amount at 10% per annum for the same period, how much interest would he have earned?

A principal amount doubles itself in 8 years at simple interest. In how many years will it become 3 times itself at the same rate of interest?

Meera took a loan of ₹30000 at simple interest rate of 11% per annum. She repaid ₹12000 after 2 years. What amount should she pay after another 3 years to clear the entire loan including interest?

A sum becomes ₹5,500 in 3 years and ₹6,000 in 5 years at simple interest. Find the principal amount.

What rate of simple interest per annum will ₹7,200 amount to ₹8,640 in 2 years?

In how many years will ₹9,000 become ₹11,700 at 15% simple interest per annum?

A merchant invested ₹24,000 at 8.5% simple interest. How much interest will he earn in 4 years?

A sum of money at simple interest becomes double of itself in 10 years. At what rate per annum is the interest charged?

Ramesh invested ₹15,000 at 9% p.a. simple interest and Suresh invested ₹18,000 at 8% p.a. Who will earn more interest in 3 years and by how much?

If ₹5,000 is invested at 12% simple interest for 2.5 years, what will be the total amount?

A sum becomes ₹9,200 after 4 years at 8% simple interest. What was the original principal?

Two equal sums were invested, one at 10% and another at 12% simple interest for 3 years. If the difference in their amounts is ₹600, find each sum.

A lends ₹20,000 to B at 8% simple interest per annum. If B returns the total amount after 5 years, how much will B pay?

Pooja invested some money at 11% simple interest. After 4 years, she received ₹17,600. How much did she invest initially?