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APTITUDE QUIZ 16/06/2017


Q1.Find compound interest on Rs. 8000 at 5 % per annum for 3 years, compounded annually.

A. Rs. 1250

B. Rs. 1261

C. Rs. 1200

D. Rs. 1150


Q2.Find the compound interest on Rs. 15000 in 3 years at 5 % per annum, the interest being compounded half yearly?

A. Rs. 2300

B. Rs. 2250

C. Rs. 2395.40

D. Rs. 2295.40


Q3.   Find the compound interest on Rs. 20000 at 8 % per annum for 9 months compounded annually.

A. Rs. 1200

B. Rs. 1224

C. Rs. 1250

D. Rs. 1150


Q4.   If Rs. 500 amounts to Rs. 583.2 in 2 years compounded annually, find the rate of interest per annum ?

A. 5 %

B. 8 %

C. 10 %

D. 4 %


Q5.If the simple interest on a sum of money at 4 % per annum for 2 years is Rs. 400, find the compound interest on the same sum for the same period at the same rate.

A. Rs. 400

B. Rs. 408

C. Rs. 450

D. Rs. 500


Q6.In what time will Rs.7500 become Rs.8112 at rate of 4 % per annum compounded annually?

A. 2 years

B. 3 years

C. 2.5 years

D. 3.5 years


Q7.If Rs.10000 has been lent out at 10 % rate of interest for 3 years, the interest being compounded annually, what is the interest for the third year?

A. Rs. 1100

B. Rs. 1150

C. Rs. 1210

D. Rs. 1250


Q8.The difference between simple interest and compound interest on Rs.1200 for one year at 10 % per annum reckoned half yearly is :

A. Rs. 2.5

B. Rs. 3.75

C. Rs. 3

D. Rs. 4


Q9.The compound interest on Rs.30000 at 7 % per annum is Rs.4347. The period (in years) is :

A. 2 years

B. 2.5 years

C. 3 years

D. 4 years


Q10.A certain sum amounts to Rs.7350 in 2 years and to Rs.8575 in 3 years. Find the sum and rate of interest.

A. Rs. 5500

B. Rs. 5400

C. Rs. 5300

D. Rs. 5200

Q11.What is the principal amount which earns Rs.132 as compound interest for the second year at 10% per annum?

A. Rs.900

B. Rs.1150

C. Rs.1200

D. Rs.1250


Q12.Ram invested an amount of 15000 in a fixed deposit for 2 years at compound interest rate of 6% per annum. How much Ram will get on the maturity of the fixed deposit?

A. Rs.16854

B. Rs.16000

C. Rs.17000

D. Rs.17500


Q13.If Rs 15000 amounts to Rs 16224 in 2 years compounded annually, find the rate of interest per annum.

A. 3%

B. 4%

C. 5%

D. 6%


Q14.What will be the difference between simple and compound interest at 10% per annum on a sum of Rs.1000 after 4 years?

A. Rs. 31

B. Rs. 32.10

C. Rs. 40.40

D. Rs. 64.10


Q15.In how many years will a sum of Rs 800 at 10% per annum compounded semi annually becomes Rs.926.10?

A. 1 Year 6 Month

B. 1 Year 6 Month

C. 2 Years

D. 1 Year


Q16.The compound interest on a certain sum for 2 years at 10% per annum is Rs.525. the simple interest on the same sum for double the time at half the rate percent per annum is:

A. Rs. 400

B. Rs. 500

C. Rs. 600

D. Rs. 800


Q17.The difference between compound interest and simple interest on an amount of Rs 15000 for 2 years is Rs.96. what is the rate of interest per annum?

A. 8%

B. 6%

C. 5%

D. 4%


Q18.On a sum of money the simple interest for 2 years is Rs.660, while compound interest is Rs 696.30, the rate of interest being the same in both the cases. The rate of interest is:

A. 10%

B. 10.5%

C. 12%

D. 11%


Q19.A sum of money invested at compound interest amounts to Rs 800 in 3 years and to Rs 840 in 4 years. The rate of interest per annum is :-

A. 25/4%

B. 10%

C. 25/2%

D. 8%


Q20.If Rs.1301 divide between A and B in such a way, so that the amount of A after 7 years is equal to the amount of B after 9 years, the interest being compounded at 4% per annum. Then what will be the share of A.

A. Rs.550

B. Rs.550

C. Rs.676

D. Rs.600