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Difficulty: All Easy Medium Hard 1–10 of 19
Topics in Aptitude & Maths
Q.1 Easy Simple Interest 14 Apr 2026
At what rate will ₹4,000 earn ₹800 as simple interest in 2 years?
A10% p.a.
B12% p.a.
C15% p.a.
D20% p.a.
Correct Answer:  A. 10% p.a.
EXPLANATION

Using SI = (P × R × T)/100; 800 = (4000 × R × 2)/100; R = 10% p.a.

Test
Q.2 Easy Simple Interest 14 Apr 2026
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?
A₹28,000
B₹27,000
C₹29,000
D₹26,000
Correct Answer:  A. ₹28,000
EXPLANATION

SI = (20000 × 8 × 5)/100 = 8000. Amount = 20000 + 8000 = 28000

Test
Q.3 Easy Simple Interest 14 Apr 2026
If ₹5,000 is invested at 12% simple interest for 2.5 years, what will be the total amount?
A₹6,500
B₹6,250
C₹6,750
D₹7,000
Correct Answer:  A. ₹6,500
EXPLANATION

SI = (5000 × 12 × 2.5)/100 = 1500. Amount = 5000 + 1500 = 6500

Test
Q.4 Easy Simple Interest 14 Apr 2026
A sum of money at simple interest becomes double of itself in 10 years. At what rate per annum is the interest charged?
A8% p.a.
B10% p.a.
C12% p.a.
D15% p.a.
Correct Answer:  B. 10% p.a.
EXPLANATION

If amount = 2P, then SI = P. Using P = (P × R × 10)/100; 100 = 10R; R = 10% p.a.

Test
Q.5 Easy Simple Interest 14 Apr 2026
A merchant invested ₹24,000 at 8.5% simple interest. How much interest will he earn in 4 years?
A₹8,160
B₹8,320
C₹8,480
D₹8,640
Correct Answer:  A. ₹8,160
EXPLANATION

SI = (24000 × 8.5 × 4)/100 = 8160

Test
Q.6 Easy Simple Interest 14 Apr 2026
In how many years will ₹9,000 become ₹11,700 at 15% simple interest per annum?
A1.5 years
B2 years
C2.5 years
D3 years
Correct Answer:  B. 2 years
EXPLANATION

SI = 11700 - 9000 = 2700. Using T = (SI × 100)/(P × R) = (2700 × 100)/(9000 × 15) = 2 years

Test
Q.7 Easy Simple Interest 14 Apr 2026
What rate of simple interest per annum will ₹7,200 amount to ₹8,640 in 2 years?
A8% p.a.
B10% p.a.
C12% p.a.
D15% p.a.
Correct Answer:  B. 10% p.a.
EXPLANATION

SI = 8640 - 7200 = 1440. Using SI = (P × R × T)/100; 1440 = (7200 × R × 2)/100; R = 10%

Test
Q.8 Easy Simple Interest 14 Apr 2026
A sum becomes ₹5,500 in 3 years and ₹6,000 in 5 years at simple interest. Find the principal amount.
A₹4,000
B₹4,500
C₹3,750
D₹4,250
Correct Answer:  A. ₹4,000
EXPLANATION

SI for 2 years = 6000 - 5500 = 500. SI per year = 250. SI for 3 years = 750. Principal = 5500 - 750 = 4000

Test
Q.9 Easy Simple Interest 05 Apr 2026
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₹1800
B₹2000
C₹2200
D₹2400
Correct Answer:  B. ₹2000
EXPLANATION
Step 1: From first investment, 2800 = (P × 14 × 5) / 100 = 0.7P.
Step 2: P = 2800 / 0.7 = ₹4000.
Step 3: At 10% for 5 years, SI = (4000 × 10 × 5) / 100 = 200000 / 100 = ₹2000.
Test
Q.10 Easy Simple Interest 05 Apr 2026
Priya invested ₹12000 at 8% simple interest per annum. In how many years will the interest earned be equal to the principal?
A10 years
B11 years
C12 years
D12.5 years
Correct Answer:  D. 12.5 years
EXPLANATION
Step 1: We need SI = P, so SI = ₹12000.
Step 2: Using SI = (P × R × T) / 100, we get 12000 = (12000 × 8 × T) / 100.
Step 3: 12000 = 960T, therefore T = 12000 / 960 = 12.5 years.
Test
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