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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: 50%  No of times this quiz has been taken: 5  No of people passing this quiz: 1  No of people failing this quiz: 4  Maximum score for this quiz: 92% 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. 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. Your contribution will help keep QuizMoz a free site for all.    (Optional)  (average submission size - 5 to 10 lines) Free GMAT Practice Test - Math - Simple Interest Questions Discussion Forum Know the Latest News about Free GMAT Practice Test - Math - Simple Interest Questions! What others think about Free GMAT Practice Test - Math - Simple Interest Questions By: Nancy on 11/21/2009    I would like to see a complete page of horror movie quizzes for the horror genre fans! By: Reema on 11/20/2009    Great Quiz! The quizmaster laid out this quiz so that even beginners could learn more By: Dave on 11/19/2009    I really enjoyed this quiz. I will take a lot of information away with me. Great quiz By: Personality Quiz Man on 11/18/2009    I love quizzes. Personality Quizzes are my favorite. By: QuizMoz Fan on 11/17/2009    I love all the QuizMoz quizzes. The general knowledge quiz is my favorite By: Shannon on 11/16/2009    I have never seen such an excellent quiz website before this. By: Aumkar on 11/15/2009    It was enjoyable. By: Tracy on 11/14/2009    Great test. A nice way to gauge one's knowledge By: Kath on 11/13/2009    It's a really good quiz. 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