Aptitude Logical Reasoning Compound Interest 2023 NET, IAS, State-SET (KSET, WBSET, MPSET, etc.), GATE, CUET, Olympiads etc. Part 1
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1. Find the compound interest and the amount on ₹ 8000 at per annum for 3 years when C. I is reckoned yearly?
A. ₹ 1261
B. ₹ 1440
C. ₹ 1185
D. ₹ 1346
Answer: A
2. If ₹ 7500 are borrowed at C. I at the rate of per annum, then after 2 years the amount to be paid is?
A. ₹ 8082
B. ₹ 7800
C. ₹ 8100
D. ₹ 8112
Answer: D
3. Find out the C. I on ₹ 5000 at 4% p. a. compound half-yearly for years.
A. ₹ 420.20
B. ₹ 319.06
C. ₹ 306.04
D. ₹ 294.75
Answer: C
4. ₹ 8000 become ₹ 9261 in a certain interval of time at the rate of per annum of C. I. Find the time?
A. 4 years
B. 6 years
C. 2 years
D. 3 years
Answer: D
5. At the end of three years what will be the compound interest at the rate of p. a. on an amount of ₹ 20000?
A. ₹ 6620
B. ₹ 6500
C. ₹ 6800
D. ₹ 6400
Answer: A
6. Find the C. I. on a sum of ₹ 1600 for 9 months at per annum, interest being compounded quarterly?
A. ₹ 17684
B. ₹ 1684
C. ₹ 2522
D. ₹ 3408
Answer: C
7. Simple interest on a sum at per annum for 2 years is ₹ 80. The C. I. on the same sum for the same period is?
A. ₹ 81.60
B. ₹ 160
C. ₹ 1081.60
D. ₹ 99
Answer: A
8. The C. I. on a certain sum for 2 years ₹ 41 and the simple interest is ₹ 40. What is the rate percent?
A.
B.
C.
D.
Answer: B
9. The sum of money at compound interest amounts to thrice itself in 3 years. In how many years will it be 9 times itself?
A. 18
B. 12
C. 9
D. 6
Answer: D
10. A sum of money place at compound interest doubles itself in 4 years. In how many years will it amount to eight times itself?
A. 16
B. 8
C. 12
D. 20
Answer: C
11. A sum of money deposited at C. I. amounts to ₹ 2420 in 2 years and to ₹ 2662 in 3 years. Find the rate percent?
A.
B.
C.
D.
Answer: B
12. Find the sum lend at C. I. at 5 p. c per annum will amount to ₹ 441 in 2 years?
A. ₹ 420
B. ₹ 400
C. ₹ 375
D. ₹ 380
Answer: B
13. A property decreases in value every year at the rate of of its value at the beginning of the year its value at the end of 3 years was ₹ 21093. Find its value at the beginning of the first year?
A. ₹ 25600.24
B. ₹ 32000.50
C. ₹ 18060.36
D. ₹ 18600
Answer: A
14. Find the least number of complete years in which a sum of money put out at compound interest will be more than double of itself?
A. 6 years
B. 1 year
C. 2 years
D. 4 years
Answer: D
15. The difference between simple interest and C. I. at the same rate for ₹ 5000 for 2 years in ₹ 72. The rate of interest is?
A.
B.
C.
D.
Answer: B