Aptitude Logical Reasoning Compound Interest 2023 NET, IAS, State-SET (KSET, WBSET, MPSET, etc.), GATE, CUET, Olympiads etc. Part 6
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1. If ₹ 7500 are borrowed at C. I at the rate of 4% per annum then after 2 years, the amount to be paid is?
A. ₹ 8082
B. ₹ 7800
C. ₹ 8100
D. ₹ 8112
Answer: D
2. Simple Interest on a sum at 4% per annum for 2 years is 80. The compound interest on the same sum for the same period is?
A. ₹ 81.60
B. ₹ 160
C. ₹ 1081.60
D. None of these
Answer: A
3. ₹ 800 at 5% Per annum compound interest will amount to ₹ 882 in?
A. 1 Year
B. 2 years
C. 3 Years
D. 4 Years
Answer: B
4. What is the principle amount which earns ₹ 132 as compound interest for the second year at 10% per annum?
A. ₹ 1000
B. ₹ 1200
C. ₹ 1320
D. None of these
Answer: B
5. The difference between the compound interest and the simple interest on a certain sum at 5% per annum for 2 years is ₹ 1.50. The sum is?
A. ₹ 600
B. ₹ 500
C. ₹ 400
D. ₹ 300
Answer: A
6. The compound interest on a certain sum of money for 2 years at 10% per annum is ₹ 420. The simple interest on the same sum at the same rate and for the same time will be?
A. ₹ 350
B. ₹ 375
C. ₹ 380
D. ₹ 400
Answer: D
7. The difference between simple interest and compound interest at the same rate for ₹ 5000 for 2 years is ₹ 72. The rate of interest is?
A. 10%
B. 12%
C. 6%
D. 8%
Answer: B
8. A sum of money amounts to ₹ 10648 in 3years and ₹ 9680 in 2 years. The rate of interest is?
A. 5%
B. 10%
C. 15%
D. 20%
Answer: B
9. A sum amounts to ₹ 2916 in 2 years and to ₹ 3149.28 in 3 years at compound Interest. The sum is?
A. ₹ 1500
B. ₹ 2000
C. ₹ 2500
D. ₹ 3000
Answer: C
10. A sum of money becomes ₹ 6690 after three years and ₹ 10.035 after six years on compound interest. The sum is?
A. ₹ 4400
B. ₹ 4445
C. ₹ 4460
D. ₹ 4520
Answer: C
11. The difference between the simple interest and the compound interest on ₹ 5000 at 10% P. a for 3 years is:
A. ₹ 145
B. ₹ 150
C. ₹ 165
D. ₹ 180
E. None of these
Answer: E
12. The difference between compound interest and simple interest on ₹ 8000 at 5% P. a for 3 years is
A. ₹ 50
B. ₹ 60
C. ₹ 61
D. ₹ 600
Answer: C
13. A deposited ₹ 6000 in a bank at 5% Per annum simple interest. B deposited ₹ 5000 at 8% P. a Compound interest. After 2 years the difference between their interest will be:
A. ₹ 230
B. ₹ 232
C. ₹ 600
D. ₹ 832
Answer: B
14. What will be the compound interest on ₹ 25000 after 3 years at 12% Per annum?
A. ₹ 9000.30
B. ₹ 9720
C. ₹ 10123.20
D. ₹ 10483.20
E. None of these
Answer: E
15. How much would a sum of ₹ 16000 approximately amount to in 2 years at 10% P. a compounded half-yearly?
A. ₹ 17423
B. ₹ 18973
C. ₹ 19448
D. ₹ 19880
Answer: C