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    Quantitative Aptitude : Simple Interest Question & Answer in English (Level-1)

  Level-1 Ques. in 

1.
A money amounts to Rs. 1200 in 3 years & to Rs. 1280 in 4 years at Simple Interest.The sum is :
A.  Rs. 840
B.  Rs. 960
C.  Rs. 900
D.  Rs. 940

2.
How much time will it take for an amount of Rs. 1500 to get Rs. 225 as interest at 5% per annum of simple interest ?
A.  1 year
B.  2 years
C.  4 years
D.  3 years

3.
What will be the simple interest on an amount of Rs. 2000 in 3 years at interest 4% per annum?
A.  Rs. 220
B.  Rs. 240
C.  Rs. 250
D.  Rs. 280

4.
At what rate of interest, a sum of Rs. 15000 will be Rs. 17625 in 5 years?
A.  3 %
B.  3.5 %
C.  4 %
D.  4.5 %

5.
What will be the ratio of simple interest earned by a certain amount at the same rate of interest for 2 years & for 4 years ?
A.  2 : 1
B.  1 : 2
C.  1 : 3
D.  Cannot determind

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