Simple Interest Test 3

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Online Aptitude Tests: Simple Interest Test 3 for different Competitive Exams, Entrance Tests & Job Interviews. Test yourself. Take various online tests and find out how well you score before appearing in your upcoming interviews and written tests.

Instructions

Welcome to our FREE online test. Beware of anyone asking for money to take this test.

Total questions: 20

Time limit: 30 minutes

Each question is worth 1 point, and there are no penalties for wrong answers.

DO NOT refresh the page.

Good luck!

Time remaining: 30:00
1. If the principal amount is ₹10,000, the rate of interest is 8% per annum, and the simple interest is ₹1,200, what is the time period?
  1. 1 year
  2. 1.5 years
  3. 2 years
  4. 2.5 years
2. What is the principal amount if the time period is 3 years, the rate of interest is 10% per annum, and the simple interest is ₹2,400?
  1. ₹8,000
  2. ₹10,000
  3. ₹12,000
  4. ₹14,000
3. If the principal amount is ₹5,000, the rate of interest is 12% per annum, and the simple interest is ₹900, what is the time period?
  1. 1 year
  2. 1.5 years
  3. 2 years
  4. 2.5 years
4. What is the rate of interest if the principal amount is ₹6,000, the time period is 2 years, and the simple interest is ₹720?
  1. 8%
  2. 10%
  3. 6%
  4. 12%
5. If the time period is 4 years, the rate of interest is 15% per annum, and the simple interest is ₹3,600, what is the principal amount?
  1. ₹16,000
  2. ₹12,000
  3. ₹10,000
  4. ₹8,000
6. A sum of money becomes ₹12,500 in 2 years and ₹13,750 in 3 years, find the principal amount?
  1. ₹10,000
  2. ₹10,625
  3. ₹12,000
  4. ₹11,500
7. If the principal amount is ₹8,000, the rate of interest is 10% per annum, and the simple interest is ₹1,600, what is the time period?
  1. 1 year
  2. 2 years
  3. 3 years
  4. 4 years
8. What is the rate of interest if the principal amount is ₹5,000, the time period is 3 years, and the simple interest is ₹1,200?
  1. 6%
  2. 8%
  3. 10%
  4. 12%
9. If the time period is 4 years, the principal amount is ₹6,000, and the simple interest is ₹1,440, what is the rate of interest?
  1. 6%
  2. 8%
  3. 10%
  4. 12%
10. What is the principal amount if the rate of interest is 15% per annum, the time period is 3 years, and the simple interest is ₹2,700?
  1. ₹10,000
  2. ₹12,000
  3. ₹15,000
  4. ₹20,000
11. A sum of money becomes ₹20,000 in 3 years at a certain rate of interest. If the same sum becomes ₹25,000 in 5 years, find the rate of interest?
  1. 6%
  2. 5%
  3. 4%
  4. 3%
12. If the principal amount is ₹15,000, the rate of interest is 12% per annum, and the simple interest is ₹3,000, what is the time period?
  1. 1 year
  2. 2 years
  3. 2.5 years
  4. 3 years
13. What is the rate of interest if the principal amount is ₹7,000, the time period is 4 years, and the simple interest is ₹1,120?
  1. 10%
  2. 12%
  3. 8%
  4. 6%
14. If the time period is 5 years, the principal amount is ₹10,000, and the simple interest is ₹3,500, what is the rate of interest?
  1. 6%
  2. 7%
  3. 8%
  4. 10%
15. What is the principal amount if the rate of interest is 18% per annum, the time period is 3 years, and the simple interest is ₹3,240?
  1. ₹15,000
  2. ₹12,000
  3. ₹10,000
  4. ₹12,000
16. A sum of money becomes ₹16,200 in 2 years at a certain rate of interest. If the same sum becomes ₹20,250 in 3.5 years, find the rate of interest?
  1. 8%
  2. 10%
  3. 12%
  4. 15%
17. If the principal amount is ₹12,000, the rate of interest is 15% per annum, and the simple interest is ₹3,000, what is the time period?
  1. 1 year
  2. 1.5 years
  3. 2 years
  4. 2.5 years
18. What is the rate of interest if the principal amount is ₹9,000, the time period is 4 years, and the simple interest is ₹2,250?
  1. 7.5%
  2. 8%
  3. 10%
  4. 12%
19. If the time period is 5 years, the principal amount is ₹14,000, and the simple interest is ₹4,200, what is the rate of interest?
  1. 8%
  2. 10%
  3. 12%
  4. 15%
20. What is the principal amount if the rate of interest is 20% per annum, the time period is 3 years, and the simple interest is ₹7,200?
  1. ₹30,000
  2. ₹20,000
  3. ₹25,000
  4. ₹36,000

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