Best GRE Mocks. We covered all the Best GRE Mocks in this post for free so that you can practice well for the exam.
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Best GRE Mock Tests for Students
NSC certificates, bearing a simple rate of interest, were purchased by Mr. Deepak Raheja for Rs. 50,000 on 1st Jun 2017 with Rs. 1,00,000 being the maturity value due on 31st May 2021. Find the rate being paid to him by the Post Office.
(a) 24%
(b) 22%
(c) 16%
(d) 25%
(e) None of these
Option d – 25%
If the simple interest earned by Mr. Ishan on a certain sum of money “P” in 8 years at 4% per annum is the same as the simple interest earned by Ms. Komal on Rs. 56,000 in 6 years at the rate of 16% per annum then “P” is given by Rs.?
(a) 1,82,000
(b) 1,04,000
(c) 1,12,000
(d) 1,68,000
(e) None of these
Option d – 1,68,000
If a sum of money trebles itself in 40 years, what is the rate of interest?
(a) 5%
(b) 6%
(c) 4%
(d) 3½%
(e) None of these
Option a – 5%
What annual installment will discharge a debt of Rs 10,920 due in 3 years at 12% SI?
(a) 3,250
(b) 5,450
(c) 5,600
(d) 5,500
(e) None of these
Option a – 3,250
If the simple interest on a certain sum of money for 4 years is 20% of the sum, then the rate of interest calculated per annum is
(a) 4%
(b) 7%
(c) 6%
(d) 5%
(e) None of these
Option d – 5%
A certain sum invested for ‘T’ years amounts to Rs. 12,000 at 10% per annum. When invested at 4% per annum, it amounts to Rs. 6,000. Find the time (T).
(a) 45 years
(b) 60 years
(c) 40 years
(d) 50 years
(e) None of these
Option d – 50 years
Shubham lent a sum of money at simple interest for Six years. Had he lent this sum at a 4% higher rate of interest, he would have got Rs.390 more. Find the sum lent by him.
(a) Rs. 650
(b) Rs. 1,950
(c) Rs. 1.300
(d) Rs. 1,625
(e) None of these
Option d – Rs. 1,625
(a) 25
(b) 15
(c) 100
(d) 20
(e) None of these
Option d – 20
(a) 14%
(b) 15%
(c) 12%
(d) 13.75%
(e) None of these
Option d – 13.75%
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