Financial Problems-Simple and Compound Interest (Bank-PO (IBPS) Quantitative-Aptitude): Questions 7 - 11 of 18

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Question number: 7

» Financial Problems » Simple and Compound Interest

MCQ▾

Question

What would be the compound interest accrued on an amount of Rs. 8000 at the rate of 15 % p. a. For three years? (IBPS RRB PO 2011)

Choices

Choice (4) Response

a.

Rs. 4283

b.

Rs. 4325

c.

Rs. 4051

d.

Rs. 4167

Question number: 8

» Financial Problems » Simple and Compound Interest

MCQ▾

Question

Find the principal if the amount is Rs. 583.2 at 8 % p. a. Compounded for 2 years annually

Choices

Choice (4) Response

a.

300

b.

500

c.

200

d.

400

Question number: 9

» Financial Problems » Simple and Compound Interest

Appeared in Year: 2005

MCQ▾

Question

Mr X invested certain amount in two different schemes A and B. Scheme A offers simple interest of 12 % p. a. And B offers compound interest of 10 % per annum. Interest accrued on the amount invested in Scheme A in 2 years was Rs. 3600. And the total amount invested was Rs. 35000. What was the Interest accrued on the amount invested in Scheme B? (SBI PO)

Choices

Choice (4) Response

a.

Cannot be determined

b.

Rs. 4200

c.

Rs. 4000

d.

Rs. 4800

Question number: 10

» Financial Problems » Simple and Compound Interest

MCQ▾

Question

What will be the total sum of money if the simple interest be Rs. 5x on interest rate of 2x/3 for 3x years?

Choices

Choice (4) Response

a.

x

b.

250/x

c.

250

d.

250x

Question number: 11

» Financial Problems » Simple and Compound Interest

Appeared in Year: 2015

MCQ▾

Question

Equal amount are invested in two schemes A and B for 6 years and 8 years respectively. Scheme A offers rate of interest of 12 % p. a. And B offers rate of interest of 8 % per annum. The difference between the interests is Rs. 1280. What is the amount invested in each scheme? (SBI PO)

Choices

Choice (4) Response

a.

Rs. 16500

b.

Rs. 18000

c.

Rs. 16000

d.

Rs. 17000

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