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Simple Interest Questions are accessible here to assist understudies with learning the recipe and how to apply the straightforward Simple Interest equation in different issues, including genuine situations.
Simple Interest is an important topic in Mathematics. In this section, we calculate the interest on the principal amount which we borrow from any person or Bank. These types of questions are generally asked under Aptitude Section in competitive exams.
Simple interest is the most important part of the mathematics subject and often questions are asked in all competitive examinations. Here today in this article, we have covered simple interest-based questions to help the aspirants, which will help you to solve stressful questions in the exam and build a strong foundation.
In the competitive exams, there are two ways to calculate the interest, first is simple interest and second is compound interest. Both chapters are important from the perspective of SSC and Banking exams.
As you know simple interest problems are important for ssc and bank exams. Here are the some different questions with answers or solutions which asked mostly in the competitive exams. So, you should strong more your preparation by practice with these questions-answers or Problems with solutions.
Simple interest and compounnd interest questions are mostly ask in banking exams and other competitive exams. In the simple interest questions you have to calculate interest according to the time and rate whereas in compound interest, the interest is calculated on interest.
Simple interest is an important topic of aptitude section. If you are preparing for banking exams, then here are simple interest problems with solutions are given and very helpful for you. In this topic, you have to calculate interest according to the time and rate.
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If a sum of Rs. 12500 is invested for 1 year at 12% per annum interest being compounded semi-annually, then interest earned is
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Answer : 1 1545
In what time will the simple interest be 2/5 of the principal at 8 percent per annum?
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Answer : 2 5 years
The simple interest on ₹ 4,000 in 3 years at the rate of x % per annum equals the simple interest on ₹ 5,000 at the rate of 12% per annum in 2 years. The value of x is
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Answer : 1 10 %
A sum of Rs. 400 amounts to Rs. 480 in 4 years. What will it amount of if the rate of interact is increased by 2% ?
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- 2Rs. 560false
- 3Rs. 512true
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Answer : 3 Rs. 512
The simple interest on a sum of money is $${4\over 9}$$of the principal and the number of years is equal to the rate percent per annum. The rate per annum is :
966 0 5cfdfdf770433d6f12b54050- 15%false
- 2$$6{2\over3}\%$$true
- 36%false
- 4$$7{1\over5}\%$$false
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