**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 1**

1. How much time will it take for an amount of Rs. 900 to yield Rs. 81 as interest at 4.5% per annum of simple interest?

A. 2 years

B. 3 years

C. 1 year

D. 4 years

2. Arun took a loan of Rs. 1400 with simple interest for as many years as the rate of interest. If he paid Rs.686 as interest at the end of the loan period, what was the rate of interest?

A. 8%

B. 6%

C. 4%

D. 7%

3. A sum of money at simple interest amounts to Rs. 815 in 3 years and to Rs. 854 in 4 years. The sum is:

A. Rs. 650

B. Rs. 690

C. Rs. 698

D. Rs. 700

4. A sum fetched a total simple interest of Rs. 4016.25 at the rate of 9 p.c.p.a. in 5 years. What is the sum?

A. Rs. 4462.50

B. Rs. 8032.50

C. Rs. 8900

D. Rs. 8925

E. None of these

5. A sum of money at simple interest amounts to Rs. 815 in 3 years and to Rs. 854 in 4 years. The sum is :

A. Rs. 700

B. Rs. 690

C. Rs. 650

D. Rs. 698

6. A sum fetched a total simple interest of Rs. 929.20 at the rate of 8 p.c.p.a. in 5 years. What is the sum?

A. Rs. 2323

B. Rs. 1223

C. Rs. 2563

D. Rs. 2353

7. Mr. Thomas invested an amount of Rs. 13,900 divided in two different schemes A and B at the simple interest rate of 14% p.a. and 11% p.a. respectively. If the total amount of simple interest earned in 2 years be Rs. 3508, what was the amount invested in Scheme B?

A. Rs. 6400

B. Rs. 6500

C. Rs. 7200

D. Rs. 7500

E. None of these

8. How much time will it take for an amount of Rs. 450 to yield Rs. 81 as interest at 4.5% per annum of simple interest?

A. 3.5 years

B. 4 years

C. 4.5 years

D. 5 years

9. Mr. Thomas invested an amount of Rs. 13,900 divided in two different schemes A and B at the simple interest rate of 14% p.a. and 11% p.a. respectively. If the total amount of simple interest earned in 2 years be Rs. 3508, what was the amount invested in Scheme B?

A. Rs. 6400

B. Rs. 7200

C. Rs. 6500

D. Rs. 7500

10. Reena took a loan of Rs. 1200 with simple interest for as many years as the rate of interest. If she paid Rs. 432 as interest at the end of the loan period, what was the rate of interest?

A. 3.6

B. 6

C. 18

D. Cannot be determined

E. None of these