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      Home > Quizzes and Fun Tests > GRE Practice Tests > Free GRE Practice Test - Math - Simple Interest Questions

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The GRE 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.
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%
2. 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
3. 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
4. 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
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%
6. 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
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
8. What will be the sum,  if a sum of money at simple interest amounts to Rs.424 in 4 years and Rs.478 in 5 years?
a.Rs.198
b.Rs.254
c.Rs.141
d.Rs.208
9. 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
10. In how many years will a sum of money double itself at 25% per annum?
a.4 years
b.2 years 8 months
c.3 years
d.1 year 5 months
11. At what rate percent of simple interest will a sum of money double itself in 25 years?
a.12%
b.15%
c.7%
d.4%
12. 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
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