# Simple Interest Aptitude Test Paper 1

1) If Suresh borrows Rs. 36000 from Mahesh at rate of interest 6% S.I, at the end of four years how much interest Suresh has to pay along with principal amount?

1. Rs. 12560
2. Rs. 12960
3. Rs. 13500
4. Rs. 14500

Principal amount = Rs. 36000

Rate of interest = 6

Number of years or time = 6 years 2) If A lends Rs. 4500 to B at 8% per annum and B lends the same sum to C at 10% per annum, find the gain of B in a period of 3 years.

1. Rs. 220
2. Rs.240
3. Rs. 250
4. Rs.270

The gain of B will be equal to the difference between the interest which C pays to D and the interest which B pays to A for the amount borrowed. = 1350 - 1080 = Rs. 270

3) In how many years the simple interest on Rs. 6000 at 10% rate of interest S.I will become Rs. 1800?

1. 3 months
2. 3.5 months
3. 4 months
4. 4.5 months

Principal = Rs. 6000

Simple Interest = Rs. 1800

Rate of interest = 10%

Number of years or time =? 4) Sohan has borrowed Rs. 5000 at the rate of 6% S.I. what amount he needs to pay after 3 years to clear the debt?

1. Rs. 5500
2. Rs. 5900
3. Rs. 6100
4. Rs. 6300

Principal = Rs. 5000

Rate of interest= 6%

Time period = 3 years 5) In what time Rs. 6000 will give interest of Rs. 720 at the rate of 6% p.a. S.I.?

1. 1.5 years
2. 2 years
3. 2.5 years
4. 3 years

Principal = Rs. 6000

Interest = Rs. 720

Rate of interest = 6%

Time or number of years =? Aptitude Simple Interest Test Paper 2
Simple Interest Concepts    