**Bankers Adda**is also known to be called as

**Aptitude Quiz**adda.

Today Bankers Adda came back with a New Quiz on Aptitude

Go through the quiz and if you have any doubts please contact

**bankers adda**in the comment section.

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**Aptitude Quiz on Simple Interest 2**

A. 10%

B. 10.25%

C. 10.5%

D. None of these

2. A sum of Rs. 725 is lent in the beginning of a year at a certain rate of interest. After 8 months, a sum of Rs. 362.50 more is lent but at the rate twice the former. At the end of the year, Rs. 33.50 is earned as interest from both the loans. What was the original rate of interest?

A. 3.6%

B. 4.5%

C. 5%

D. 6%

E. None of these

3. A sum of Rs. 12,500 amounts to Rs. 15,500 in 4 years at the rate of simple interest. What is the rate of interest?

A. 3%

B. 4%

C. 5%

D. 6%

E. None of these

4. A man took loan from a bank at the rate of 12% p.a. simple interest. After 3 years he had to pay Rs. 5400 interest only for the period. The principal amount borrowed by him was:

A. Rs. 2000

B. Rs. 10,000

C. Rs. 15,000

D. Rs. 20,000

5. What will be the ratio of simple interest earned by certain amount at the same rate of interest for 6 years and that for 9 years?

A. 1 : 3

B. 1 : 4

C. 2 : 3

D. Data inadequate

E. None of these

6. A lent Rs. 5000 to B for 2 years and Rs. 3000 to C for 4 years on simple interest at the same rate of interest and received Rs. 2200 in all from both of them as interest. The rate of interest per annum is:

A. 5%

B. 7%

C. 7 1/8%

D. 10%

7. A certain amount earns simple interest of Rs. 1750 after 7 years. Had the interest been 2% more, how much more interest would it have earned?

A. Rs. 35

B. Rs. 245

C. Rs. 350

D. Cannot be determined

E. None of these

8. A sum of money amounts to Rs. 9800 after 5 years and Rs. 12005 after 8 years at the same rate of simple interest. The rate of interest per annum is:

A. 5%

B. 8%

C. 12%

D. 15%

9. A person borrows Rs. 5000 for 2 years at 4% p.a. simple interest. He immediately lends it to another person at 6 p.a for 2 years. Find his gain in the transaction per year.

A. Rs. 112.50

B. Rs. 125

C. Rs. 150

D. Rs. 167.50

10. A person borrows Rs.5000 for 2 years at 4% p.a. simple interest. He immediately lends it to another person at 61⁄4% p.a for 2 years. Find his gain in the transaction per year.

A. Rs. 167.50

B. Rs. 150

C. Rs.225

D. Rs. 112.50