Directions How to Answer

Aptitude Test Topic: Arithmetic

The section based on simple arithmetic calculations.

Directions

Solve each problem and indicate the best of the answer choices given.

To give the answer click/tap the option alphabet for your answer choice. for correct answer green check and for wrong answer a red cross will appear along with a button to show explanation with or without video of the question answer.

Arithmetic: Simple Arithmetic Practice MCQ

Question Statement:

Danyal took out a $1200 loan at a rate of 3% simple interest a year. What is the amount of interest accrued for one month?

21
3
9
36
4

Explanation:

Correct Answer: B

$1200 is the amount that he took out.

3% annually would yield an interest amount of $36.

Therefore, each month, he would be paying $3 a month.

Question: 1   Test: 5 of 6 Next Test

Tests

You are taking Aptitude Test No. 5

Each aptitude test is comprised of 10 except the last test which might have fewer than 10 in some topics.

You are at question (MCQ) number 1 and Test Number 5 of Arithmetic: Simple Arithmetic. To deal with Arithmetic questions, you must take lesson on the subject. In case of science and Art subjects revise your text books and in case of general aptitude topics take lessons from the topic page.

The question: Danyal took out a $1200 loan at a rate of 3% simple interest a year. What is the amount of interest .... with options: 21, 3, 9, 36 can be solved with the concepts and understanding of Arithmetic.