This practice GMAT test includes only simple interest questions which are part of the GMAT problem solving section.
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Find the simple interest on $1200 at 5% per annum for years.
A. $100
B. $105
C. $110
D. $144
E. $125
What sum of money will produce $70 as simple interest in 4 years at ?
A. $500
B. $525
C. $550
D. $555
E. $575
At what rate percent on simple interest will $750 amount to $900 in 5 years?
A.
B.
C.
D.
E.
What is the rate per cent when the simple interest on $800 amounts to $160 in 4 years?
Find the simple interest on $500/- for 9 months at 6 cents per month?
A. $27
B. $32.4
C. $34.5
D. $27.5
E. $25.5
A certain sum amounts to $1725 in 3 years and $1875 in 5 years. Find the rate % per annum?
A. 5%
B. 6%
C. 4%
D. 3%
E. 7%
At what rate percent on simple interest will a sum of money double itself in 30 years?
A certain sum of money at simple interest amounted to $650 in 10 years at 3% per annum. Find the sum.
C. $535
D. $515
E. $510
In what time a sum of money double itself at 3% per annum simple interest?
A. years
B. years
C. years
D. years
E. years
The simple interest on a sum of money will be $600 after 10 years. If the principal is trebled after 5 years what will be the total interest at the end of the tenth year?
A. $1500
B. $900
C. $1200
D. $800
E. $1000
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