# 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

Q41. **What sum of money will produce Rs.70 as simple interest in 4 years at 3 1/2 percent?**

1.  Rs.525
2.  Rs.500
3.  Rs.550
4.  Rs.555

Solution : Rs.500
Q42. **At what rate percent on simple interest will Rs.750 amount to Rs.900 in 5 years?**

1.  5%
2.  3 1/2%
3.  4%
4.  5 1/2 %

Solution : 4%
Q43. **What is the rate percent when the simple interest on Rs.800 amount to Rs.160 in 4 Years?**

1.  5%
2.  6%
3.  4 1/2%
4.  5 1/2%

Solution : 5%
Q44. **Find the simple interest on Rs.500 for 9 months at 6 paisa per month?**

1.  Rs.345
2.  Rs.270
3.  Rs.275
4.  Rs.324

Solution : Rs.270

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Q45. **A certain sum amounts to Rs.1725 in 3 years and Rs.1875 in 5 years. Find the rate % per annum?**

1.  3%
2.  5%
3.  6%
4.  4%

Solution : 5%
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