Simple Interest Quantitative Aptitude Interview Questions and Answers Part 2

Above video will provide solutions for below questions

SIMPLE INTEREST

3. In how much time will a sum of money triple itself at 15 % p.a.?

4. To buy a car, Mr. Mani borrowed 15,000 for 3 years at an annual simple interest rate of 9%. How much interest will he pay if he pays the entire loan off at the end of the third year?

5. To buy a laptop computer, Kavya borrowed 2,000 for 3 years at an annual simple interest rate of 5%. How much interest will she pay if she pays the entire loan off at the end of the third year?

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