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Duration: 10 Minutes

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Simple Interest

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  • 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.
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  • You must get a minimum of 50% marks to pass the exam.
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1 / 10

If simple interest for 2 years for a sum is TK. 600 and compound interest for the same sum for 2 years and the same rate of interest is TK. 645, what will be the rate of interest?

2 / 10

If the amount of TK. 5000 becomes TK. 6000 in 4 years at simple interest, what is the amount of simple interest?

3 / 10

If TK. 1500 earns TK. 450 as simple interest in 3 years, what is the rate of interest per annum?

4 / 10

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

5 / 10

How much interest does TK. 4000 earn in 8 years at a rate of 7% per annum?

6 / 10

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

7 / 10

If a principal amount of TK. 4000 earns TK. 1600 as interest in 5 years, what is the rate of interest per annum?

8 / 10

Find the time n for TK. 1000 to become TK. 1300 at a rate of 5%.

9 / 10

Paul invests TK. 3000 for one year at a rate of 6%. How much interest will he earn at the end of that year?

10 / 10

What is the simple interest earned on TK. 1500 in 4 years at an interest rate of 5% per annum?

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