
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?**
- Rs.525
- Rs.500
- Rs.550
- Rs.555
Solution : Rs.500
Q42. **At what rate percent on simple interest will Rs.750 amount to Rs.900 in 5 years?**
- 5%
- 3 1/2%
- 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?**
- 5%
- 6%
- 4 1/2%
- 5 1/2%
Solution : 5%
Q44. **Find the simple interest on Rs.500 for 9 months at 6 paisa per month?**
- Rs.345
- Rs.270
- Rs.275
- 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?**
- 3%
- 5%
- 6%
- 4%
Solution : 5%
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