# Financial Problems-Simple and Compound Interest (Bank-PO (IBPS) Quantitative-Aptitude): Questions 7 - 11 of 24

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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. on interest rate of for 3x years?

### Choices

Choice (4) Response

a.

x

b.

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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