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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!!  GMAT Practice Test - Math - Simple Interest Facts  Average Score for this quiz: 9.5%  No of times this quiz has been taken: 57  No of people passing this quiz: 2  No of people failing this quiz: 55  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.  GMAT Practice Test - Math - Simple Interest Discussion Forum 1.  A certain sum of money amounts to Rs.3380 in 3 years and to Rs.3500 in 4 years. Find the rate of interest. a. 3.98% b. 2.13% c. 4.25% d. 13% Please provide appropriate updations Ques A certain sum of money amounts to Rs.3380 in 3 years and to Rs.3500 in 4 years. Find the rate of interest. a. b. c. d. Your Name Please describe the changes made by you 2.  At what rate percent per annum will a sum of money double in 12 years? a. 2.5 % p.a. b. 5.1 % p.a. c. 8.33 % p.a. d. 6.33 % p.a. Please provide appropriate updations Ques At what rate percent per annum will a sum of money double in 12 years? a. b. c. d. Your Name Please describe the changes made by you 3.  At what rate percent per annum will a sum of money double in 20 years? a. 3 % p.a. b. 5 % p.a. c. 1 % p.a. d. 7 % p.a. Please provide appropriate updations Ques At what rate percent per annum will a sum of money double in 20 years? a. b. c. d. Your Name Please describe the changes made by you 4.  What is the present worth of Rs.112 due in 2 years at 3% simple interest per annum? a. 105.66 b. 77.28 c. 109.6 d. 568.5 Please provide appropriate updations Ques What is the present worth of Rs.112 due in 2 years at 3% simple interest per annum? a. b. c. d. Your Name Please describe the changes made by you 5.  What is the present worth of Rs.168 due in 4 years at 8% simple interest per annum? a. 300.05 b. 146.12 c. 417.15 d. 127.28 Please provide appropriate updations Ques What is the present worth of Rs.168 due in 4 years at 8% simple interest per annum? a. b. c. d. Your Name Please describe the changes made by you 6.  A sum fetched a total simple interest of Rs.2410.50 at the rate of 7 % p.a. in 4 years. Find out the sum? a. 8608.93 b. 4556.12 c. 5686.01 d. 1654.35 Please provide appropriate updations Ques A sum fetched a total simple interest of Rs.2410.50 at the rate of 7 % p.a. in 4 years. Find out the sum? a. b. c. d. Your Name Please describe the changes made by you 7.  A sum fetched a total simple interest of Rs.3800.25 at the rate of 8 % p.a. in 5 years. Find out the sum? a. 6008.10 b. 6258.25 c. 9500.63 d. 8405.05 Please provide appropriate updations Ques A sum fetched a total simple interest of Rs.3800.25 at the rate of 8 % p.a. in 5 years. Find out the sum? a. b. c. d. Your Name Please describe the changes made by you 8.  A sum fetched a total simple interest of Rs.1625.50 at the rate of 6 % p.a. in 3 years. Find out the sum? a. 493.05 b. 826.55 c. 9003.06 d. 9030.56 Please provide appropriate updations Ques A sum fetched a total simple interest of Rs.1625.50 at the rate of 6 % p.a. in 3 years. Find out the sum? a. b. c. d. Your Name Please describe the changes made by you 9.  The simple interest on a certain sum of money at the rate of 2 % p.a. for 5 years is Rs.500. At what rate of interest the same amount of interest can be received on the same sum after 3 years? a. 8.4% b. 2.5% c. 3.3% d. 5.05% Please provide appropriate updations Ques The simple interest on a certain sum of money at the rate of 2 % p.a. for 5 years is Rs.500. At what rate of interest the same amount of interest can be received on the same sum after 3 years? a. b. c. d. Your Name Please describe the changes made by you 10.  Find out the ratio of simple interest earned by a certain amount, of the same rate of interest for 2 years and 6 years. a. 1:6 b. 3:6 c. 1:2 d. 1:3 Please provide appropriate updations Ques Find out the ratio of simple interest earned by a certain amount, of the same rate of interest for 2 years and 6 years. a. b. c. d. Your Name Please describe the changes made by you 11.  Find out the ratio of simple interest earned by a certain amount, of the same rate of interest for 4 years and 8 years. a. 2:8 b. 4:2 c. 1:2 d. 1:4 Please provide appropriate updations Ques Find out the ratio of simple interest earned by a certain amount, of the same rate of interest for 4 years and 8 years. a. b. c. d. Your Name Please describe the changes made by you 12.  Find out the ratio of simple interest earned by a certain amount, of the same rate of interest for 8 years and 12 years. a. 2:4 b. 1:12 c. 1:3 d. 2:3 Please provide appropriate updations Ques Find out the ratio of simple interest earned by a certain amount, of the same rate of interest for 8 years and 12 years. a. b. c. d. Your Name Please describe the changes made by you 13.  Find out the simple interest on Rs.6 for 3 months, at the rate of 2 paisa per rupee, per month. a. 0.36 b. 0.63 c. 1.36 d. 1.04 Please provide appropriate updations Ques Find out the simple interest on Rs.6 for 3 months, at the rate of 2 paisa per rupee, per month. a. b. c. d. Your Name Please describe the changes made by you 14.  Find out the simple interest on Rs.12 for 4 months,  at the rate of 4 paisa per rupee, per month. a. 1.02 b. 0.92 c. 1.92 d. 1.52 Please provide appropriate updations Ques Find out the simple interest on Rs.12 for 4 months,at the rate of 4 paisa per rupee, per month. a. b. c. d. Your Name Please describe the changes made by you 15.  What will be the sum,  if a sum of money at simple interest amounts to Rs.630 in 3 years and Rs.675 in 4 years? a. Rs.800 b. Rs.651 c. Rs.495 d. Rs.500 Please provide appropriate updations Ques What will be the sum,if a sum of money at simple interest amounts to Rs.630 in 3 years and Rs.675 in 4 years? a. b. c. d. Your Name Please describe the changes made by you 16.  What will be the sum,  if a sum of money at simple interest amounts to Rs.825 in 2 years and Rs.864 in 3 years? a. Rs.747 b. Rs.181 c. Rs.300 d. Rs.900 Please provide appropriate updations Ques What will be the sum,if a sum of money at simple interest amounts to Rs.825 in 2 years and Rs.864 in 3 years? a. b. c. d. Your Name Please describe the changes made by you 17.  What will be the sum,  if a sum of money at simple interest amounts to Rs.520 in 5 years and Rs.560 in 6 years? a. Rs.450 b. Rs.320 c. Rs.565 d. Rs.889 Please provide appropriate updations Ques What will be the sum,if a sum of money at simple interest amounts to Rs.520 in 5 years and Rs.560 in 6 years? a. b. c. d. Your Name Please describe the changes made by you 18.  In how many years will a sum of money double itself at 15% per annum? a. 1 year 8 months b. 4 years 8 months c. 3 years 6 months d. 6 years 6 months Please provide appropriate updations Ques In how many years will a sum of money double itself at 15% per annum? a. b. c. d. Your Name Please describe the changes made by you 19.  In how many years will a sum of money double itself at 24% per annum? a. 1 year 3 months b. 1 year 8 months c. 4 years 2 months d. 4 years 3 months Please provide appropriate updations Ques In how many years will a sum of money double itself at 24% per annum? a. b. c. d. Your Name Please describe the changes made by you 20.  At what rate percent of simple interest will a sum of money double itself in 15 years? a. 9/8% b. 33/4% c. 20/3% d. None of the above Please provide appropriate updations Ques At what rate percent of simple interest will a sum of money double itself in 15 years? a. b. c. d. Your Name Please describe the changes made by you 21.  At what rate percent of simple interest will a sum of money double itself in 24 years? a. 1/8% b. 25/6% c. 8/3% d. 1/4% Please provide appropriate updations Ques At what rate percent of simple interest will a sum of money double itself in 24 years? 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 GMAT Practice Test - Math - Simple Interest  Name: Think you know more about GMAT Practice Test - Math - Simple Interest 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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