Test Details

Simple Interest & Compound Interest

Batch 3:30 to 4:30

Jan 26, 3:15 PM

70 minutes

Jan 26, 4:25 PM

60.0 marks

MCQ

15 questions

Mr. Vishal Gupta

EX - RIMC TEACHER, Teach Mathematics for Competitive Exams. Running an Academy for Defence Aspirants by the VISHAL ACADEMY. OUR TEAM IS THE EX - RIMC TEACHERS TEAM PREPARING STUDENTS FOR COMPETITIVE EXAMS.

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Question Text

Question 1 :
In what time will Rs. 72 become Rs. 81 at {tex}6\frac{1}{4}{/tex}% p.a. SI?

Question 2 :
Population of a town increases at a certain rate per cent per annum. Present population of the town is 3600 and in 5 years it becomes 4800. How much will it be in 10 years?

Question 3 :
An amount is lent at 15% p.a. compound interest for 2 years. The percent increase in the amount at the end of 2 years is

Question 4 :
A man had Rs. 1200, part of which he lent at 5% and the remaining at 4% he got Rs. 106 as interest after 2 years. The amount lent at 5% is

Question 5 :
If compound interest for second year on a certain sum at 10% p.a. is Rs. 132, the principal is,

Question 6 :
A man invested Rs. 16000 at compound interest for 3 years, interest compounded annually. If he got Rs. 18522 at the end of 3 years, then the rate of interest is

Question 7 :
Compound interest on Rs. 1600 at 2.5% p.a. for 2 years is

Question 8 :
The difference between CI and SI on Rs. 8000 far 3 yrs at 2.5% p.a. is

Question 9 :
The compound interest on Rs. 2000 for 9 months at 8% per annum being given when the interest is compounded quarterly is

Question 10 :
Compound interest on Rs. 25000 at 20% p.a. for {tex}2\frac{1}{2}{/tex} years, if interest is compounded annually, is

Question 11 :
A certain sum of money invested at a certain rate of compound interest doubles in 5 years. In how many years will it become 4 times?

Question 12 :
A father divides Rs. 5100 between his two sons, Mohan and Sohan who are 23 and 24 at present in such a way that if their shares are invested at compound interest @ 4% p.a., they will receive equal amount on attaining the age of 26 years. Mohan's share is

Question 13 :
Of a certain sum, {tex}\frac{1}{3}{/tex}rd. is invested at 3%, {tex}\frac{1}{6}{/tex}th at 6% and the rest at 8%. If the SI for 2 years from all these investments amounts to Rs. 600, then the original sum was

Question 14 :
The population of a village increases @ 5% p.a. If present population is 8000, after how many years the population will be 9261?

Question 15 :
A sum of money, at compound interest, yields Rs. 200 and Rs. 220 at the end of first and second year respectively. The rate % is

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