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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