Academic Category

Todays' Thought
It’s fine to celebrate success but it is more important to heed the lessons of failure.
- Bill Gates
सफलता की ख़ुशी मनाना अच्छा है पर उससे भी ज़रूरी है अपनी असफलता से सीख लेना |
- बिल गेट्स

    Quantitative Aptitude : Compound Interest Question & Answer in English (Level-1)

  Level-1 Ques. in 

What is the principal amount which earns Rs.132 as compound interest for the second year at 10% per annum?
A.  Rs.900
B.  Rs.1150
C.  Rs.1200
D.  Rs.1250

Ram invested an amount of 15000 in a fixed deposit for 2 years at compound interest rate of 6% per annum. How much Ram will get on the maturity of the fixed deposit?
A.  Rs.16854
B.  Rs.16000
C.  Rs.17000
D.  Rs.17500

If Rs 15000 amounts to Rs 16224 in 2 years compounded annually, find the rate of interest per annum.
A.  3%
B.  4%
C.  5%
D.  6%

What will be the difference between simple and compound interest at 10% per annum on a sum of Rs.1000 after 4 years?
A.  Rs. 31
B.  Rs. 32.10
C.  Rs. 40.40
D.  Rs. 64.10

In how many years will a sum of Rs 800 at 10% per annum compounded semi annually becomes Rs.926.10?
A.  1 Year 6 Month
B.  1 Year 6 Month
C.  2 Years
D.  1 Year

Leave a Comment.....

  Search your topic here