Compound interest Questions and answers

  1. Aptitude
    1. Compound interest
    2. Boat and Stream
    3. Trains
    4. Percentage
    5. Discount
    6. Mixture and Allegation
    7. Unitary Method
    8. Work and Wages
    9. Pipes and Cisterns
    10. Linear Equations
    11. Approximation
    12. Word problems
    13. Number System
    14. Time and Distance
    15. Average
    16. Ratio and Proportions
    17. Profit and Loss
    18. Partnership
    19. Permutation and combination
    20. Probability
    21. Problem on ages
    22. Time and work
    23. Simple and compound interest
    24. Mensuration
    25. Number series
21). A sum invested for 3 yr compounded at 5%, 10% and 20% respectively. In 3 yr, if the sum amounts to RS. 16632, then find the sum.
A). RS.11000
B). RS.12000
C). RS.9000
D). RS.15000
22). The simple interest on a certain sum for 2 yr is RS. 120 and compound interest is RS. 129. Find the rate of interest.
A). 14%
B). 15%
C). 12%
D). \( \Large 12\frac{1}{2}% \)
23). The height of a tree increases every year 1/8 times. If the present height of the tree is 64 cm, then what will be its height after 2 yr?
A). 76 cm
B). 80 cm
C). 81 cm
D). 84 cm
24). The principal amount which yields a compound interest of RS. 208 in the second year at 4% is
A). RS.5000
B). RS.10000
C). RS.130000
D). RS.6500
25). The population of a town is 126800. It increases by 15% in the first year and decreases by 20% in the second year. What is the population of the town at the end of 2 yr?
A). 174984
B). 135996
C). 116656
D). 145820


26). SBI lent RS. 1331 lakh to the TATA group at compound interest and got RS. 1728 lakh after 3 yr. What is the rate of interest charged, if compounded annually?
A). 11%
B). 9.09%
C). 12%
D). 8.33%
27). An amount is invested in a bank at compound rate of interest. The total amount, including interest, after first and third year is RS. 1200 and RS.1587, respectively. What is the rate of interest ?
A). 10%
B). 3.9%
C). 12%
D). 15%
28). A sum of RS. 11000 was taken as loan. This is to be paid in two equal annual instalments.If the rate of interest be 20% compounded annually, then the value of each instalment is
A). RS.7500
B). RS.7000
C). RS.7100
D). RS.7200
29). During the first year, the population of a Village is increased by 5% and the second year, it is diminished by 5%. At the end of the second year. its population was 47880. What was the population at the beginning of the first year?
A). 45500
B). 48000
C). 43500
D). 53000
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