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Home Aptitude Simple Interest See What Others Are Saying!
  • Question
  • Reena took a loan of Rs. 1200 with simple interest for as many years as the rate of interest. If she paid Rs. 432 as interest at the end of the loan period, what was the rate of interest?


  • Options
  • A. 3.6
  • B. 6
  • C. 18
  • D. Cannot be determined
  • E. None of these

  • Correct Answer


  • Explanation
    Let rate = R% and time = R years.

    Then, 1200 x R x R = 432
    100

    ⟹ 12R2 = 432

    ⟹ R2 = 36

    ⟹ R = 6.


  • More questions

    • 1. 
      A and B together can complete a work in 3 days. They started together but after 2 days, B left the work. If the work is completed after 2 more days, B alone could do the work in how many days?

    • Options
    • A. 5
    • B. 6
    • C. 7
    • D. 10
    • Discuss
    • 2. 
      A wheel makes 1000 revolutions in covering a distance of 88 km. the diameter of the wheel is?

    • Options
    • A. 24 meters
    • B. 40 meters
    • C. 28 meters
    • D. 14 meters
    • Discuss
    • 3. 25, 36, 49, 81, 121, 169, 225

    • Options
    • A. 36
    • B. 49
    • C. 121
    • D. 169
    • Discuss
    • 4. 
      (.896 x .752 +.896 x .248) / (.7 x .034 + .7 x.966) =?

    • Options
    • A. 1.28
    • B. 0.976
    • C. 12.8
    • D. 9.76
    • Discuss
    • 5. 
      Einstein goes from Ahmedabad To Lucknow at the speed of 40 km/hr and returned at the speed of 60 km/hr .the average speed of Einstein during the whole journey is

    • Options
    • A. 48 km/hr
    • B. 24 km/hr
    • C. 50 km/hr
    • D. none of these
    • Discuss
    • 6. 
      Today is Monday. After 61 days, it will be

    • Options
    • A. Wednesday
    • B. Saturday
    • C. Tuesday
    • D. Thursday
    • Discuss
    • 7. 9548 + 7314 = 8362 + (?)

    • Options
    • A. 8230
    • B. 8410
    • C. 8500
    • D. 8600
    • E. None of these
    • Discuss
    • 8. 
      The true discount on a certain sum due 1 yr hence at 30% per annum, is ? 240. What is the banker' discount on the same sum for the same time and at the same rate?

    • Options
    • A. ? 400
    • B. ? 212
    • C. ? 312
    • D. ? 445
    • Discuss
    • 9. 
      Calendar of month July is same as that of which month of previous year.

    • Options
    • A. May
    • B. September
    • C. April
    • D. None of these
    • Discuss
    • 10. 
      A coin is successively tossed two times. Find the probability of getting? (1) exactly one head (2)at least one head

    • Options
    • A. 1/2 , 3/4
    • B. 2/3, 1/4
    • C. 1/4, 4/5
    • D. 1/2, 2/3
    • Discuss


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