Interest Quiz 3
Practice quiz on Interest (Mathematics). 5 real exam questions.
About This Quiz
Interest Quiz 3 — Questions with Solutions
All 5 questions from this quiz with the correct answer and explanation. Attempt them yourself first, then open each solution to check your reasoning.
Q1.Spot error: 'Neither of the books are interesting.'
- A.Neither of
- B.the books
- C.are
- D.interesting
Show answer
Answer: C. are
'Neither'→singular 'is'.
Q2.The simple interest on 5000 at 4% for 3 years:
- A.600
- B.550
- C.650
- D.540
Show answer
Answer: A. 600
SI=5000×4×3/100=600.
Q3.What is the difference between CI and SI on ₹5,000 at 8% per annum for 2 years?
- A.₹16
- B.₹32
- C.₹48
- D.₹64
Show answer
Answer: B. ₹32
SI = 800, CI = 832 ⇒ difference = ₹32.
Q4.Find the simple interest on ₹1000 at 5% for 2 years.
- A.₹50
- B.₹75
- C.₹100
- D.₹150
Show answer
Answer: C. ₹100
SI = (1000×5×2)/100 = 100.
Q5.Find the simple interest on ₹2000 at 5% for 2 years.
- A.₹150
- B.₹200
- C.₹250
- D.₹300
Show answer
Answer: B. ₹200
SI = (2000×5×2)/100 = 200.
Frequently Asked Questions
Is Interest Quiz 3 free to attempt on AajExam?
Yes. Interest Quiz 3 is completely free. You only need a free AajExam account to track your score, view detailed solutions and unlock cross-attempt analytics.
How long does it take to complete Interest Quiz 3?
Interest Quiz 3 runs on a 1-minute timer in real exam-style conditions. The clock starts the moment you click Start, mirroring the time pressure of the actual exam.
Are detailed solutions provided?
Yes. Every question on Interest Quiz 3 ships with a complete step-by-step solution, the underlying concept, and (where applicable) shortcut tricks. You can also discuss any question with the AajExam community.
Can I attempt Interest Quiz 3 multiple times?
Yes. You can attempt this quiz as many times as you like. Each attempt is recorded separately so you can track improvement in score, accuracy and time-management.
Which government exams does this quiz prepare me for?
Interest questions appear regularly in SSC CGL, CHSL, MTS, GD; IBPS PO, Clerk; SBI PO, Clerk; RRB NTPC, Group D; UPSC prelims and most State PSC exams. The specific weightage varies by exam — check the exam pattern on the corresponding AajExam exam page for details.