Simple Interest 1 online test, online practice test, exam, quiz

Simple Interest 1 Online Test

The purpose of this online test is to help you evaluate your Simple Interest 1 knowledge yourself. These Multiple Choice Questions (MCQs) on Simple Interest 1 will prepare you for technical round of job interview, written test and many certification exams.

The test contains 20 questions and there is no time limit. You will get 1 point for each correct answer. You will get your online test score after finishing the complete test.
(Total 20 questions)        (Time spent 0:0)

1. Rajan Financier claims to be lending money at simple interest, but he includes the interest every six months for calculating the principle. If he is charging an interest of 20%, the effective rate of interest becomes

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