Simple and Compound Interest
Simple and Compound Interest: Difference between simple and compound interest, Simple Interest Formula and Compound Interest Formula, Simple Interest Questions
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Online Aptitude Questions with Answers on Simple and Compound Interest
Q46. **At what rate percent on simple interest will a sum of money double itself in 30 years?**
- 3 1/3 %
- 3 1/2%
- 4 %
- 4 1/2 %
Solution : 3 1/3 %
Q47. **A certain sum of money at simple interest amounted Rs.840 in 10 years at 3% per annum, find the sum?**
- Rs.500
- Rs.515
- Rs.525
- None of these
Solution : None of these
Q48. **In what time a sum of money double itself at 3% per annum simple interest?**
- 29 years
- 33 1/3 years
- 23 1/3 years
- 13 1/3 years
Solution : 33 1/3 years
Q49. **The simple interest on a sum of money will be Rs.600 after 10 years. If the principal is trebled after 5 years what will be the total interest at the end of the tenth year?**
- Rs.800
- Rs.900
- Rs.1200
- Rs.1500
Solution : Rs.1200
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Q50. **Sonika deposited Rs.8000 which amounted to Rs.9200 after 3 years at simple interest. Had the interest been 2% more. She would get how much?**
- Rs.9680
- Rs.9860
- Rs.9380
- Rs.9800
Solution : Rs.9680
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