Aptitude Logical Reasoning Compound Interest 2021 ACET Part 2
Doorsteptutor material for ACET is prepared by world's top subject experts: get questions, notes, tests, video lectures and more- for all subjects of ACET.
1. The difference between compound and simple interest on a certain sum of money for 3 years at 6 p. a is ₹ 184. Find the sum?
A. ₹ 12000
B. ₹ 14200
C. ₹ 17520
D. ₹ 13500
Answer: D
2. A sum of money is put out at compound interest for 2 years at . It would fetch ₹ 482 more if the interest were payable half-yearly, then it were pay able yearly. Find the sum.
A. ₹ 4000
B. ₹ 1000
C. ₹ 1250
D. ₹ 2000
Answer: D
3. Find the sum The difference between the compound and S. I. on a certain sum of money for 2 years at per annum is ₹ 15of money?
A. 1500
B. 1800
C. 2100
D. 1950
Answer: A
4. The difference between the compound interest compounded annually and simple interest for 2 years at per annum is ₹ 144. Find the principal?
A. ₹ 3000
B. ₹ 3300
C. ₹ 3600
D. ₹ 3900
Answer: C
5. What sum of money put at C. I amounts in 2 years to ₹ 8820 and in 3 years to ₹ 9261?
A. ₹ 8000
B. ₹ 8400
C. ₹ 7500
D. None
Answer: A
6. Find the amount on ₹ 8000 in 9 months at 20 % per annum, if the interest being compounded quarterly?
A. ₹ 1261
B. ₹ 9261
C. ₹ 9621
D. ₹ 9162
Answer: B
7. Every year an amount increases by th of itself. How much will it be after two years if its present value is ₹ 64000?
A. ₹ 81000
B. ₹ 80000
C. ₹ 75000
D. ₹ 64000
Answer: A
8. Rajan borrowed ₹ 4000 at p. a compound interest. After 2 years, he repaid ₹ 2210 and after 2 more year, the balance with interest. What was the total amount that he paid as interest?
A. ₹ 635.50
B. ₹ 613.50
C. ₹ 675.50
D. ₹ 653.50
Answer: A
9. Indu gave Bindu ₹ 1250 on compound interest for 2 years at per annum. How much loss would Indu has suffered had she given it to Bindu for 2 years at per annum simple interest?
A. ₹ 10
B. ₹ 2
C. ₹ 5
D. ₹ 3
Answer: B
10. In one year, the population, of a village increased by and in the next year, it decreased by . If at the end of 2nd year, the population was 7920, what was it in the beginning?
A. 8500
B. 8000
C. 8100
D. 8400
Answer: B
11. How much more would ₹ 20000 fetch, after two years, if it is put at 20 % p. a. compound interest payable half yearly than if is put at 20 % p. a. compound interest payable yearly?
A. ₹ 482
B. ₹ 424
C. ₹ 842
D. ₹ 512
Answer: A
12. A money lender lends ₹ 2000 for six months at 20 % p. a. rate. It the interest is reckoned quarterly than find the amount given after time limit.
A. ₹ 2205
B. ₹ 2200
C. ₹ 2160
D. ₹ 2040
Answer: A
13. A sum amount to ₹ 1344 in two years at simple interest. What will be the compound interest on the same sum at the same rate of interest for the same period?
A. ₹ 150
B. ₹ 140
C. ₹ 130
D. Data insufficient for the answer
Answer: D
14. The population of a city increases at the rate of p. a. but there is an additional annual increase of in the population due to some job seekers. The percentage increase in the population after 2 years is?
A. 10
B. 11
C.
D.
Answer: C
15. Find the amount on ₹ 5000 in 2 years, the rate of interest being per first year and for the second year?
A. ₹ 460
B. ₹ 5640
C. ₹ 5460
D. ₹ 5604
Answer: C