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Todays' Thought
Be content with what you have; rejoice in the way things are. When you realize there is nothing lacking, the whole world belongs to you.
- Lao Tzu
जो तुम्हारे पास है उससे संतुष्ट रहो, चीजें जैसी हैं उसमे आनंदित रहो, जब तुम इस बात का एहसास कर लेते हो कि किसी भी चीज की कमी नहीं है , पूरी दुनिया तुम्हारी हो जाती है |
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    Quantitative Aptitude : Simple Interest Question & Answer in English (Level-1)

  Level-1 Ques. in 

6.
A person takes a loan of Rs. 2500 at 4 % simple interest. He returns Rs. 1500 at the end of 1 year. What amount he would pay to clear his dues at the end of 2 years ?
A.  Rs. 1100
B.  Rs. 1140
C.  Rs. 1050
D.  Rs. 1150

7.
Ram borrows a sum from Mohan at the rate of 8 % p.a. simple interest.After 2 years he had to pay Rs. 1600 as interest,only for the period.The principle amount borrowed by Ram was :
A.  Rs. 9500
B.  Rs. 11000
C.  Rs. 10000
D.  Rs. 10500

8.
A certain amount earns simple interest of Rs. 2500 after 5 years. If the rate of interest increases by 3 %,how much more interest would it have earned?
A.  Rs. 50
B.  Rs. 250
C.  Rs. 340
D.  Cannot determind

9.
A sum of money amounts to Rs. 10560 after 4 years and Rs. 11840 after 6 years at the same rate of simple interest.The rate of interest per annum is :
A.  6 %
B.  8 %
C.  7 %
D.  9 %

10.
Sohan received a sum at 12 % p.a. simple interest. After 5 years he returned the principal and interest. If he returned Rs. 16000. What was the principal amount?
A.  Rs. 9000
B.  Rs. 9500
C.  Rs. 10000
D.  Rs. 10500

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