Financial Problems-Simple and Compound Interest (Bank-PO Quantitative-Aptitude): Questions 17 - 18 of 18

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Question number: 17

» Financial Problems » Simple and Compound Interest

Appeared in Year: 2007

MCQ▾

Question

A certain amount earns simple interest of Rs. 1, 750/- after 7 years. Had the interest been 2 % more, how much more interest would it have earned? (SBI PO)

Choices

Choice (4) Response

a.

Rs. 350

b.

Rs. 35

c.

Rs. 245

d.

Cannot be determined

Question number: 18

» Financial Problems » Simple and Compound Interest

MCQ▾

Question

A sum of 16800 is divided into two parts. One part is lent at the simple rate of interest 6 % p. a and the other at 8 % p. a. After two years total sum received is 19000. The sum lent at at the rate of 6 % p. a. Is: (IBPS PO 2013)

Choices

Choice (4) Response

a.

12000

b.

11000

c.

12200

d.

10000

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