Quantitative Aptitude Compound Interest Questi

Quantitative Aptitude – Compound Interest – Questions – 01

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1. The compound interest on a sum for 2 years is Rs. 832 and the simple interest on the same sum for the same period is Rs. 800. The difference between the compound interest and the simple interest for 3 years will be:

 
 
 
 

2. The compound interest on Rs. 8000 at 15% per annum for 2 years 4 months, compounded annually is:

 
 
 
 

3. A loan was repaid in two annual instalments of Rs. 121 each. If the rate of interest be 10% per annum, compounded annually, the sum borrowed was:

 
 
 
 

4. If the difference between the compound interest, compounded half yearly and the simple interest on a sum at 10% per annum for one year is Rs. 25, the sum is:

 
 
 
 

5. If the amount is 2 1/4 times the sum after 2 years at compound interest, the rate of interest per annum is:

 
 
 
 

6. The present worth of Rs. 169 due in 2 years at4% per annum compound interest is:

 
 
 
 

7. The difference in compound interest and simple interest on a certain amount at 10% per annum at the end of the third year is Rs. 620. What is the principal amount?

 
 
 
 

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

 
 
 
 

9. A sum of money at compound interest amounts to Rs. 578.40 in 2 years and to Rs. 614.55 in 3 years. The rate of interest per annum is:

 
 
 
 

10. The difference between the compound interest and the simple interest, on a sum of money for 2 years at 12 1/2 % per annum is Rs. 150. The sum is:

 
 
 
 

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