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    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

    Mr. Deepak Raheja purchased NSC certificates worth ₹50,000 on 1st June 2017, which would mature to ₹1,00,000 on 31st May 2021 at a simple interest rate. Find the annual interest rate offered by the Post Office.

    (a) 24%

    (b) 22%

    (c) 16%

    (d) 25%

    (e) None of these

    Option d – 25%

    The simple interest earned by Mr. Ishan on a certain principal “P” in 8 years at 4% p.a. is equal to the simple interest earned by Ms. Komal on ₹56,000 in 6 years at 16% p.a. Find the value of “P” (₹).

    (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 becomes three times its original value in 40 years at simple interest, what is the annual rate of interest?

    (a) 5%

    (b) 6%

    (c) 4%

    (d) 3½%

    (e) None of these

    Option a – 5%

    What equal yearly instalment will clear a debt of ₹10,920 due in 3 years at 12% p.a. simple interest?

    (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 amount for 4 years is 20% of the principal, determine the annual rate of interest.

    (a) 4%

    (b) 7%

    (c) 6%

    (d) 5%

    (e) None of these

    Option d – 5%

    A sum of Money invested for ‘T’ years becomes ₹12,000 at 10% p.a. simple interest. When invested at 4% p.a., it amounts to ₹6,000. Find the value of T.

    (a) 45 years

    (b) 60 years

    (c) 40 years

    (d) 50 years

    (e) None of these

    Option d – 50 years

    Shubham lent a certain amount at simple interest for 6 years. If he had charged 4% more interest per annum, he would have earned ₹390 extra. Find the amount lent.

    (a) 650

    (b) 1,950

    (c) 1,300

    (d) 1,625

    (e) None of these

    Option d – 1,625

    Mr. Manav invested ₹12,00,000 at 10% p.a. simple interest and another sum ‘P’ at 20% p.a. simple interest. The overall annual interest rate earned was 14% p.a. Find the total investment (in lakhs).

    (a) 25

    (b) 15

    (c) 100

    (d) 20

    (e) None of these

    Option d – 20

    Mr. Naval lent ₹40,000 to Mr. Ashok for 2 years and ₹20,000 to Mr. Yatin for 4 years at the same simple interest rate. The total interest he received from both was ₹22,000. Find the annual rate of interest.

    (a) 14%

    (b) 15%

    (c) 12%

    (d) 13.75%

    (e) None of these

    Option d – 13.75%

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