Financial ProblemsSimple and Compound Interest (BankPO QuantitativeAptitude): Questions 7  11 of 18
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Question number: 7
» Financial Problems » Simple and Compound Interest
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
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
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
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
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 
