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QuizMoz offers one of the Internet's largest collection of quizzes for you to tease your brain and pit your wits against the experienced QuizMoz quiz masters. Go ahead and find out what you know about yourself and the world around you. Best of luck!!  Free GMAT Practice Test - Math - Simple Interest Questions Quiz Facts  Average Score for this quiz: 60%  No of times this quiz has been taken: 11  No of people passing this quiz: 3  No of people failing this quiz: 8  Maximum score for this quiz: 100% Coverage : The GMAT Practice Test - Math - Simple Interest has been designed to test the important concepts related to simple interest. The test covers important topics like evaluating the simple interest on certain amount, determining the rate of interest, evaluating the time period in which certain amount doubles or triples itself etc.  Free GMAT Practice Test - Math - Simple Interest Questions Discussion Forum 1.  A certain sum of money amounts to Rs.1710 in 2 years and to Rs. 1850 in 3 years. Find the rate of interest. a. 80.9% b. 88% c. 9.80% d. 18% Please provide appropriate updations Ques A certain sum of money amounts to Rs.1710 in 2 years and to Rs. 1850 in 3 years. Find the rate of interest. a. b. c. d. Your Name Please describe the changes made by you 2.  A certain sum of money amounts to Rs.1850 in 2 years and to Rs.2000 in 3 and a half years. Find the rate of interest. a. 9% b. 9.29% c. 1.8% d. 6.07% Please provide appropriate updations Ques A certain sum of money amounts to Rs.1850 in 2 years and to Rs.2000 in 3 and a half years. Find the rate of interest. a. b. c. d. Your Name Please describe the changes made by you 3.  What is the present worth of Rs.150 due in 3 years at 6% simple interest per annum? a. 131.03 b. 127.12 c. 441.01 d. 253.35 Please provide appropriate updations Ques What is the present worth of Rs.150 due in 3 years at 6% simple interest per annum? a. b. c. d. Your Name Please describe the changes made by you 4.  What is the present worth of Rs.138 due in 2 years at 5% simple interest per annum? a. 112.12 b. 118.18 c. 16.06 d. 125.45 Please provide appropriate updations Ques What is the present worth of Rs.138 due in 2 years at 5% simple interest per annum? a. b. c. d. Your Name Please describe the changes made by you 5.  The simple interest on a certain sum of money at the rate of 3 % p.a. for 4 years is Rs.800. At what rate of interest, can the same amount of interest on the same sum be earned, after 8 years? a. 15% b. 9% c. 1.8% d. 1.5% Please provide appropriate updations Ques The simple interest on a certain sum of money at the rate of 3 % p.a. for 4 years is Rs.800. At what rate of interest, can the same amount of interest on the same sum be earned, after 8 years? a. b. c. d. Your Name Please describe the changes made by you 6.  Find out the simple interest on Rs.8 for 6 months, at the rate of 2 paisa per rupee, per month. a. 1.04 b. 0.96 c. 0.14 d. 1.15 Please provide appropriate updations Ques Find out the simple interest on Rs.8 for 6 months, at the rate of 2 paisa per rupee, per month. a. b. c. d. Your Name Please describe the changes made by you 7.  Find out the simple interest on Rs.10 for 5 months,  at the rate of 3 paisa per rupee, per month. a. 0.05 b. 1.5 c. 0.95 d. 1.21 Please provide appropriate updations Ques Find out the simple interest on Rs.10 for 5 months,at the rate of 3 paisa per rupee, per month. a. b. c. d. Your Name Please describe the changes made by you 8.  In how many years will a sum of money double itself at 20% per annum? a. 1 year b. 4 years 8 months c. 3 years 6 months d. 5 years Please provide appropriate updations Ques In how many years will a sum of money double itself at 20% per annum? a. b. c. d. Your Name Please describe the changes made by you 9.  At what rate percent of simple interest will a sum of money double itself in 20 years? a. 5% b. 1% c. 3% d. 9% Please provide appropriate updations Ques At what rate percent of simple interest will a sum of money double itself in 20 years? a. b. c. d. Your Name Please describe the changes made by you 10.  In how much time would the simple interest on a certain sum be 0.25 times the principal at 8% p.a.? a. 25/4 years b. 41/3 years c. 25/8 years d. 13/4 years Please provide appropriate updations Ques In how much time would the simple interest on a certain sum be 0.25 times the principal at 8% p.a.? a. b. c. d. Your Name Please describe the changes made by you 11.  In how much time would the simple interest on a certain sum be 0.17 times the principal at 10% p.a.? a. 17/10 years b. 5/2 years c. 25/3 years d. 9/2 years Please provide appropriate updations Ques In how much time would the simple interest on a certain sum be 0.17 times the principal at 10% p.a.? a. b. c. d. Your Name Please describe the changes made by you 12.  In how much time would the simple interest on a certain sum be 0.125 times the principal at 4% p.a.? a. 31/6 years b. 4/3 years c. 10/9 years d. 25/8 years Please provide appropriate updations Ques In how much time would the simple interest on a certain sum be 0.125 times the principal at 4% p.a.? a. b. c. d. Your Name Please describe the changes made by you 13.  A father left a will of Rs.35 lakhs between his two daughters aged 8.5 and 16 such that they may get equal amounts when each of them reach the age of 21 years. The original amount of Rs.35 lakhs has been instructed to be invested at 10% p.a. simple interest. How much did the elder daughter get at the time of the will? a. Rs. 17.5 lakhs b. Rs. 21 lakhs c. Rs. 15 lakhs d. Rs. 20 lakhs Please provide appropriate updations Ques A father left a will of Rs.35 lakhs between his two daughters aged 8.5 and 16 such that they may get equal amounts when each of them reach the age of 21 years. The original amount of Rs.35 lakhs has been instructed to be invested at 10% p.a. simple interest. How much did the elder daughter get at the time of the will? a. b. c. d. Your Name Please describe the changes made by you Think you know more about this quiz!   Please enter your Name and what you would like to tell everyone about Free GMAT Practice Test - Math - Simple Interest Questions  Name: Think you know more about Free GMAT Practice Test - Math - Simple Interest Questions and would like others to know too? Whether its a great fact, a joke, a personal experience or an interesting anecdote, please share it with all the human beings on planet earth. 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