| Aptitute Test
1. At what rate % per annum will a sum of Rs. 3000 amount to Rs. 3450 in 6 years?
a] 4% b] 3% c] 6% d] 5%
2. In what time will a sum of Rs. 5000 earn a simple interest of Rs. 3000 at the rate of 3% p.a.?
a] 10 years b] 15 years c] 20 years d] 14 years
3. The simple interest on a sum lent for 3 years at the rate 10% p.a. is Rs. 2400. What is the sum lent?
a] Rs. 4000 b] Rs. 5000 c] Rs. 6000 d] Rs. 8000
4. Hari invests Rs. 5000 for 2 years at the rate of 7% p.a. He will earn rupees as simple interest.
a] Rs. 700 b] Rs. 400 c] Rs. 630 d] Rs. 540
5. If I want to earn Rs. 2000 in 2 years and if rate of interest is 8% p.a. then how many rupees should I invest?
a] Rs. 12500 b] Rs. 13500 c] Rs. 25000 d] Rs. 15000
6. Hari invests Rs. 5000 for 2 years at 3% p.a. and Rs. 10000 for 2 years at 5% p.a. then what is simple interest which Hari gets on his total investment after 2 years?
a] Rs. 1130 b] Rs. 950 c] Rs. 400 d] Rs. 1300
7. If Ram takes a loan of Rs. 8000 at the rate of 5% p.a. for 2 years and he gives Rs. 4000 to Hari at the rate of 10% p.a. then how many rupees of interest he will have to pay from his pocket? (after 2 years)
a] Rs. 1200 b] Rs. 800 c] Rs. 400 d] Nothing
8. Rakesh paid Rs. 800 as simple interest on a loan of Rs. 4000 taken for 5 years then what was rate of interest?
a] 6% b] 4% c] 5% d] 7%
9. Uma lends Rs. 60000 for 2 years at the rate of 6% p.a. She will earn rupees as simple interest at the end of 2 years.
a] Rs. 7200 b] Rs. 6200 c] Rs. 4600 d] Rs. 5400
10. In how much time rupees 2000 will earn Rs. 240 at the rate of 4% p.a.?
a] 4 years b] 2 years c] 3 years d] 6 months
11. In what time will Rs. 5000 give Rs. 500 as interest at the rate of 5% p.a.?
a] 3 years b] 2 years c] 4 years d] 5 years
12. If Rs. 500 amounts to Rs. 600 in 2 years, then what will be the amount of principal of Rs. 1500 in the same time and at the same rate p.a.?
a] Rs. 1580 b] Rs. 1650 c] Rs. 1700 d] Rs. 1800
13. A sum at some rate of simple interest amounts to Rs. 5600 in 3 years and Rs. 6000 at the same rate of simple interest in 5 years. What is the principal amount?
a] Rs. 4500 b] Rs. 5000 c] Rs. 5500 d] Rs. 5300
14. At what rate of simple interest Rs. 6000 will give Rs. 720 as interest in 4 years?
a] 5% b] 2% c] 4% d] 3%
15. For how many years should Rs. 3000 be invested at 5% p.a. to earn same amount of interest as earned by Rs. 4000 at the rate of 10% p.a. for 1.5 year?
a] 5 years b] 3 years c] 2 years d] 4 years
16. If a sum of money doubles in 5 years then it will be trebled in
a] 7 years b] 6 years c] 8 years d] 10 years
17. If Rs. 8000 can earn Rs. 1200 as simple interest in 3 years then R.s 500 will earn in the same time and at the same rate of interest
a] Rs. 75 b] Rs. 80 c] Rs. 82 d] Rs. 85
18. If I invest Rs. 50,000 from January 1, 1990 to May 25, 1996 at the rate of 5% p.a. then I will get simple interest of
a] Rs. 800 b] Rs. 500 c] Rs. 1000 d] Rs. 1200
19. Ravi takes a loan of Rs. 10000 from August 1, 1998 to October 12, 1998 at the rate of 4% p.a. then he has to pay a simple interest of Rs.
a] Rs. 100 b] Rs. 80 c] Rs. 180 d] Rs. 220
20. In what time will Rs. 3000 amount to Rs. 3600 at 2% per annum?
a] 10 years b] 8 years c] 12 years d] 11 years
ANSWERS:-
1. b 2. c 3. d 4. a 5. a 6. d 7. d 8. b 9. a 10. c 11. b 12. d 13. b 14. d 15. c 16. d 17. a 18. c 19. b 20. a |