Simple and 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
71). If Rs.84 invested at a certain rate of simple interest amounts to Rs.96 at the end of 3 years, how much will Rs.105 amount to at the same rate of interest in 5 years?
A). Rs.1200
B). Rs.1300
C). Rs.1400
D). Rs.1310
72). A merchant borrowed a total of Rs.4000 from two lenders. He paid simple interest at the rate of 5% p.a. to one of them and 7% p.a. to the other. If the total interest paid for three years was Rs.696. how much did he borrow at each rate?
A). Rs.2400 and Rs.1600
B). Rs.3600 and Rs.2800
C). Rs.4800 and Rs.3000
D). Rs.5400 and Rs.4000
73). How long will a sum of money take to double if it is invested at 12.5% p.a. SI?
A). 8 Years
B). 10 Years
C). 12 Years
D). 13 Years
74). How long will a sum of money take to trIple If It Is Invested at 20% p.a., SI
A). 9 Years
B). 10 Years
C). 12 Years
D). 16 Years
75). A sum of money becomes four times its principal In 18 years after earning simple interest for this duration. At what rate of interest was it invested?
A). 0.3333
B). 0.48
C). 0.1667
D). 0.24


76). Find the amount and compound interest on Rs.20,000 for 2 years at 20% p. a., interest being compounded annually.
A). Rs.3300
B). Rs.4400
C). Rs.6600
D). Rs.8800
77). What is the amount and interest earned on Rs.50,000 for 18 months at the rate of 20% p.a., if interest is compounded half yearly?
A). Rs.16550
B). Rs.24250
C). Rs.30450
D). Rs.18750
78). What principal will amount to Rs.19,965 in 3 years at 10% p.a. compound interest?
A). Rs.12000
B). Rs.15000
C). Rs.18000
D). Rs.24000
79). What will Rs.20,000 amount to in 2 years, at compound interest, if the rates for successive years are 8% and 10%? What will be the difference in the amount if the rates for successive years are 10% and 8% respectively?
A). Rs.1600
B). No difference
C). Rs.2000
D). Rs.2400
80). On what sum will the compound interest for 2 years at 10% p.a. be Rs.5250?
A). Rs.15000
B). Rs.20000
C). Rs.25000
D). Rs.30000
Go to :
Total Pages : 53