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### Question 1

The interest on a certain principal sum is 1/4 times the sum. What is R, the rate of interest, if the time is R years?

### Question 2

The interest on Rs. 7500 @3% for a certain number of days starting from Jan 1, 2001 is Rs. 45. How many days?

### Question 3

An investor puts an amount of Rs. 900 in a simple interest scheme. If the rate of interest is 5% per month, how long does he have to wait for getting an amount of Rs. 1035?

### Question 4

An investor puts an amount of Rs. 4200 in a simple interest scheme. If it amounts to Rs. 5712 in 4 years @9%, what would it had amounted to had the rate been 2% more?

### Question 5

An investor puts an amount of Rs. 4500 in a simple interest scheme. If the rate of interest is 4% per month, how long does he have to wait for getting an amount of Rs. 5940?

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This Blog Post/Article "Simple Interest Quiz Set 002" by Parveen (Hoven) is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International License.

Updated on 2019-08-18.