SKILL DEVELOPMENT CELL

QUANTITATIVE APTITUDE
INTERSESTS (SI & CI)
Level Based Questions

Quantitative Aptitude
K.SESHAGIRI RAO (C) Copyright (01-06-2018) All Rights Reserved
 SIMPLE INTEREST & COMPOUND INTEREST
LEVEL-1:
1) Find the simple interest on Rs 2400 at the rate of 10% per annum for 3 years.
a. Rs 500
b. Rs 640
c. Rs 720
d. Rs 780
2) A man borrowed Rs 8500 at 12% per annum for 3 years. The amount he had to pay after 3
years:
a. Rs 11560
b. Rs 12560
c. Rs 13560
d. Rs 14560
3) In how many years will a sum of money double itself at 18.75% per annum simple
interest?
a. 5 years
b. 5 years 4 months
c. 5 years 7 months
d. 6 years
4) F ind the compound interest on Rs 12000 for 3 years at 10% per annum compounded
annually.
a. Rs 3572
b. Rs 3972
c. Rs 4572
d. Rs 4972
5) What annual payment will discharge a debt of Rs 8116 due in 3 years at 8% per annum
compound interest?
a. Rs 2000
b. Rs 2500
c. Rs 3000
d. Rs 3500
6) If Rs 640 amounts to Rs 784 in 2 years 6 months, what will Rs 860 amount to in 4 years at
the same rate per cent per annum?
a. Rs 1149.60
b. Rs 1159.60
c. Rs 1169.60
d. Rs 1179.60

Quantitative Aptitude
K.SESHAGIRI RAO (C) Copyright (01-06-2018) All Rights Reserved
 7) A sum of money lent out at simple interest amounts to Rs 2200 in one year and Rs 2800 in
4 years. The sum of money and the rate of interest is:
a. Rs 1000 and 10%
b. Rs 1500 and 10%
c. Rs 2000 and 10%
d. Rs 1500 and 20%
8) A sum of money doub les itsel f at compound interest in 15 years. In how many years will
it become eight times?
a. 40 years
b. 45 years
c. 50 years
d. 55 years
9) Divide Rs 1550 into two parts such that if one part be lent out at 15% per annum and the
other at 24% per annum, the total yearly income is Rs 300. The first part must be:
a. Rs 800
b. Rs 400
c. Rs 600
d. Rs 650
10) Find the compound interest at the rate of 10% per annum for four years on the principal
which in four years at the rate of 4% per annum gives Rs 1600 as simple interest
a. Rs 10000
b. Rs 4641
c. Rs 14641
d. Rs 5359

LEVEL-2:
11) A sum of Rs 3100 was lent partly at 5% and partly at 8% interest. Total interest received
after 3 years was Rs 600. The ratio of the money lent at 5% and 8% is:
a. 11:12
b. 12:11
c. 15:16
d. 16:15
12) The simple interest on a certain sum for 2.5 years at 12% per annum is Rs 40 less than the
simple interest on the same sum for 3.5 years at 10% per annum. Find the sum.
a. Rs 800
b. Rs 1000
c. Rs 1200
d. Rs 900

Quantitative Aptitude
K.SESHAGIRI RAO (C) Copyright (01-06-2018) All Rights Reserved
13) A person has Rs 4000. He lends Rs 1500 at the rate of 10% per annum and Rs 1000 at the
rate of 8% per annum interest. At what rate of interest would he lend the remaining
amount so that his total yearly income should be 9.125% of the total sum.
a. 8%
b. 9%
c. 11%
d. 10%
14) The simple interest on a sum of money will be Rs 300 after 5 years. In the next 5 years
principal is trebled, what will be the total interest at the end of the 10th year?
a. Rs 900
b. Rs 1000
c. Rs 1100
d. Rs 1200
15) Rs 4800 becomes Rs 6000 in 4 years at a certain rate of compound interest. What will be
the sum after 12 years?
a. Rs 8375
b. Rs 9075
c. Rs 9375
d. Rs 9775
16) The compound interest on Rs 12000 for 2 years at 20% per annum when compounded
half-yearly.
a. Rs 5569.20
b. Rs 5869.20
c. Rs 6069.20
d. Rs 5469.50
17) The compound interest on a certain sum of money for 2 years at 10% per annum is Rs 420.
Find the simple interest at the same rate and for the same time.
a. Rs 300
b. Rs 350
c. Rs 400
d. Rs 450
18) What sum of money at compound interest will amount to Rs 2249.52 in 3 years, if the rate
of interest is 3% for the first year, 4% for the second year and 5% for the third year?
a. Rs 2000
b. Rs 2200
c. Rs 2400
d. Rs 2600

Quantitative Aptitude
K.SESHAGIRI RAO (C) Copyright (01-06-2018) All Rights Reserved