A certain amount earns simple interest of Rs. 1750 after 7 years. Had the interest been 2% more, how much more interest would it have earned? A. Rs. 35 B. Rs. 245 C. Rs. 350 D. Cannot be determinedE. None of these
Quantitative Aptitude Questions and Answers on Simple Interest for IBPS Exams, candidate who are preparing for Bank Exam, please check all the questions and answers on Simple Interest , these are questions which are asked in competitive exams like IBPS clerk, IBPS PO, IBPS MT and Specialist Officer. we have good collection of Arithmetic Aptitude.
IBPS exam gives aptitude test in the preliminary exam as well as main exam, considering the importance of quantitative aptitude; candidates should prepare it well for clearing CWE. The banking exams give a weightage of 75 marks in quantitative aptitude to test the mathematical / numerical ability of aspirants. Being one of the most weighted sections, it demands focused hard work and regular preparation. The questions are formed from simple mathematical concepts yet too many candidates fear from this topic.
Quantitative aptitude consists of questions based on mathematical concepts and the ability to solve them as fast as one could. During the IBPS exam, it’s the speed of solving questions correctly that matters. It is therefore considered a good practice to exercise aptitude questions regularly and not loose time on solving questions during exams. For honing the skills of solving quantitative aptitude, one must know simple tricks to solve questions without committing common mistakes.
A man took loan from a bank at the rate of 12% p.a. simple interest. After 3 years he had to pay Rs. 5400 interest only for the period. The principal amount borrowed by him was: A. Rs. 2000 B. Rs. 10,000 C. Rs. 15,000 D. Rs. 20,000
How much time will it take for an amount of Rs. 450 to yield Rs. 81 as interest at 4.5% per annum of simple interest? A. 3.5 years B. 4 years C. 4.5 yearsD. 5 years
A sum of money at simple interest amounts to Rs. 815 in 3 years and to Rs. 854 in 4 years. The sum is: A. Rs. 650B. Rs. 690C. Rs. 698D. Rs. 700
A man took a loan from a bank at the rate of 12% p.a. simple interest. After 3 years he had to pay Rs. 5400 interest only for the period. The principal amount borrowed by him was A Rs. 2000B Rs. 15,000 C Rs. 10,000 D Rs. 20,000