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Principal Amount Questions

Practice 1 Principal Amount questions with detailed answers and explanations. Free MCQs, PYQs, and mock test questions for NEET, JEE, GATE, SSC and more.

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Practice by Exam:Quantitative Aptitude(1)

About Principal Amount — practice questions, PYQs & concepts

Principal Amount is a frequently-tested topic on Quantitative Aptitude. ExamTest.live currently lists 1 Principal Amount questions spanning previous-year papers from 2026 to 2026, each with worked solutions and a step-by-step explanation. Use the filters on this page to focus on a specific exam, difficulty level or year — every answer key is free, no sign-up required.

Principal Amount weight in competitive exams

Across our Principal Amount question bank, the largest sources are Quantitative Aptitude (1). Click any exam chip above to drill down to that exam-specific question set.

How to use this page

  • Start easy: 0 easy Principal Amount questions are available — build fluency before moving up.
  • Target weak years: Use the year filter to focus on the most recent 2026 paper or older PYQs you have not attempted.
  • Time yourself: Every question shows the average solve time so you can benchmark your speed against other students.
  • Read every explanation: Even on questions you got right — the explanation often surfaces a faster approach you can reuse.

All Principal Amount Questions(1–1 of 1)

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Q1mediummcqQuantitative AptitudeCompetitive Exam2026
₹50,000 is deposited in a bank account. There was already some money in the account. Now the bank gives ₹7,500 as simple interest in a year. The rate of simple interest is 4.5% per annum. How much money (in ₹) was already there in the account?

Frequently Asked Questions

How many Principal Amount questions are on ExamTest.live?▼
We have 1 Principal Amount questions spread across 1 pages, covering easy, medium, and hard difficulty levels with detailed explanations.
Are Principal Amount MCQs free?▼
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Which exams include Principal Amount questions?▼
Principal Amount questions are commonly asked in Quantitative Aptitude. You can filter by exam using the links above.
How do I practice Principal Amount questions effectively?▼
Start with easy questions to build confidence, then tackle medium and hard ones. Use the filter buttons to sort by difficulty. Reveal the answer only after attempting each question, and read the explanation thoroughly.