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Best GRE Mocks

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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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These types of competitive MCQs appear in the exams like GRE, CAT, CSAT, CLAT, Banking, Defence, G.I.C, GMAT, IBPS, L.I.C, MAT, Railway, SSC, UPSC, UGC, XAT, CDS, CPO, ICET, IMA, Income Tax, Insurance, KPSC, NDA, SNAP Test, Sub Inspector of Police, TNPSC, all Government Exams, and other Competitive Examinations, etc. We created all the competitive exam MCQs into several small posts on our website for your convenience.

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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

Mr. Manav invested an amount of Rs. 12,00,000 at a simple interest rate of 10% per annum and another amount ‘P’ at a simple interest rate of 20% per annum. The total interest earned at the end of one year yields 14% per annum. Find the total amount invested (in lakhs) by Mr. Manav.

(a) 25

(b) 15

(c) 100

(d) 20

(e) None of these

Option d – 20

Mr. Naval lent Rs. 40,000 to Mr. Ashok for 2 years and also Rs. 20,000 to Mr. Yatin for 4 years at an equal rate of simple interest and received Rs. 22,000 from both of them as interest. The rate of interest charged by Mr. Naval from them per annum is?

(a) 14%

(b) 15%

(c) 12%

(d) 13.75%

(e) None of these

Option d – 13.75%

We covered all the best gre mocks above in this post for free so that you can practice well for the exam.

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