Simple Interest Aptitude Test Online with Answers

Simple Interest

Read instructions carefully before starting exam.

This aptitude test has 10 MCQs on simple interest.
You have only 10 minutes to complete the exam.
If you do not answer any question within the allotted time, it will be marked as incorrect.
To next question, click "Next". To previous question, click "Prev". To end the exam, click "Finish".
You must get a minimum of 50% marks to pass the exam.
Click on the "Start" button to participate in the exam.

N.B. Do not refresh your browser during exam time.

1 / 10

If the principal amount is TK. 4000 and the simple interest earned is TK. 1200 in 3 years, what is the rate of interest?

8%

10%

12%

15%

2 / 10

A man wishes to invest TK. 1200. He can invest in a math club, which pays simple interest of 8% for 3 years. What is the amount in his account after 3 years?

TK. 1860

TK. 2024

TK. 1488

TK. 1530

3 / 10

A sum of TK. 2000 is invested for 2 years at a simple interest rate of 9%. What is the total amount after the investment period?

TK. 2300

TK. 2380

TK. 2160

TK. 2200

4 / 10

A sum of TK. 8000 grows to TK. 8800 in 4 years at simple interest. What is the amount of simple interest?

TK. 800

TK. 600

TK. 900

TK. 700

5 / 10

If TK. 3500 is invested at 6% simple interest per annum and the total interest earned is TK. 840, for how many years was the money invested?

6 years

4 years

5 years

7 years

6 / 10

How much simple interest will be earned on TK. 6000 in 2 years at an interest rate of 8% per annum?

TK. 960

TK. 840

TK. 720

TK. 480

7 / 10

A principal amount of TK. 5000 earns TK. 1500 in 5 years. What is the rate of interest per annum?

6%

9%

7%

8%

8 / 10

If a certain amount of money amounts to TK. 2000 in 5 years at 10% per annum, what is the principal amount?

TK. 1000

TK. 1200

TK. 1700

TK. 1500

9 / 10

A certain sum amounts to TK. 3000 in 3 years and TK. 4000 in 5 years at simple interest. What is the rate of interest per annum?

8%

10%

15%

12%

10 / 10

What is the simple interest on TK. 2500 for 4 years at 7% per annum?

TK. 700

TK. 800

TK. 600

TK. 500

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