[Quiz] Aptitude: Simple Interest

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1. [TNPSC 2013] What amount should be repaid to clear a loan of Rs. 6,000 borrowed at 6 2/3% Simple interest p.a for a period of 1 year and 6 months?
   
   1.  6,800
   2.  6,600
   3.  6,200
   4.  6,400
   
   
2. [TNPSC 2013] Rs. 800 amounts to Rs. (20 in 3 years at SI. If the interest rate is increased by 3%, it would be
   
   1.  Rs. 1092
   2.  Rs. 992
   3.  Rs. 1882
   4.  Rs. 1182
   
   
3. [TNPSC 2013] A Sum was put at SI at a certain rate for 2 years. had it been put at 3% higher rate, it would have fetched Rs. 3oo more. Find the Sum.
   
   1.  Rs. 1000
   2.  Rs. 4000
   3. Rs. 5000
   4.  Rs. 10000
   
   
4. Find the SI on Rs. 1000 at a rate of 10% p.a for 5 years
   
   1.  Rs. 600
   2.  Rs. 100
   3.  Rs. 1000
   4.  Rs. 500
   
   
5. A Sum of amount treble in 20 years. How many years it might have taken to double from the initial year at the same rate of simple interest.
   
   1.  10 years
   2.  5 years
   3.  15 years
   4.  40 years

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