# Simple Interest Questions and Answers PDF

Simple Interest Questions and Answers PDF for preparation of SSC CGL, CHSL, Bank and all competitive Exams. MCQs from Previous year paper- fully solved with short cut trick and explanation to attempt quantitative aptitude paper.

## Simple Interest Questions

Few simple interest questions are listed below. In the PDF all questions are divided into sub-categories of Simple Interest for better learning experience.

• The principal which gives Rs 1 interest per day at a rate of 5% simple interest per annum is ?
• Rs 800 becomes 956 in 3 years at a certain rate of simple interest. If the rate of interest is increased by 4%, what amount will Rs 800 become in 3 years?
• A sum of money at a certain rate per annum of simple interest doubles in 5 years and at a different rate becomes three times in 12 years. The lower rate of interest per annum is ?
• The simple interest on a sum for 5 years is one fourth of the sum. The rate of interest per annum is ?
• The difference between the simple interest received from two different banks on Rs 500 for 2 years is Rs 2.50. The difference between their (per annum) rate of interest is ?
• If the ratio of principal and the simple interest for 5 years is 10 : 3, then the rate of interest is
• A sum of money was lent at simple interest at a certain rate for 3 years. Had it been lent at 2.5% per annum higher rate, it would have fetched Rs 540 more. The money lent was ?