Simple Interest Practice Test – Set 1

Questions 26-30 of 50

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Question 26

MCQ · Single Correct 1 mark
Previous Year Question IB ACIO 2023 PYQ

In how many years will a sum of money be 12 times itself at 44% per annum simple interest?

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Question 27

MCQ · Single Correct 1 mark
Previous Year Question IB ACIO 2023 PYQ

If a sum of money at simple interest becomes 36 times in 100 years, then it will become 29 times in:

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Question 28

MCQ · Single Correct 1 mark
Previous Year Question SSC CGL PYQ

A certain sum of money becomes 5 times in 15 years when invested at simple interest. In how much time (years and months) will it become 12 times of itself at the same rate?

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Question 29

MCQ · Single Correct 1 mark
Previous Year Question SSC CGL PRE 2024 PYQ

A certain sum of money becomes 7 times itself when invested at a certain rate of simple interest in 14 years. How much time (in years, rounded off to 2 decimal places) will it take to become 18 times itself at the same rate?

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Question 30

MCQ · Single Correct 1 mark
Previous Year Question CDS-1 2024 PYQ

A sum of money invested at simple interest triples itself in 8 years and becomes n times in 20 years. What is the value of n?

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