Simple Interest Questions

  1. A certain sum becomes 5 times in3 years, at simple interest, then in how many years it will become 13 times?
  1. 15
  2. 12
  3. 6
  4. 9

Answer is d

 

2. Simple interest received by a person in 10 years on a principle of Rs.9500 is 130

Answer is a

 

3. If the simple interest on a sum after 4 years is of the sum. Then the rate of interest per annum is

  1. 5

Answer is a

 

4. Mohan lent some amount of money at 9

Answer is b

 

5. Simple interest on ₹500 for 4 years at 6.25

Answer is d

 

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