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

  Level-1 Ques. in 

16.
The compound interest on a certain sum for 2 years at 10% per annum is Rs.525. the simple interest on the same sum for double the time at half the rate percent per annum is:
A.  Rs. 400
B.  Rs. 500
C.  Rs. 600
D.  Rs. 800

17.
The difference between compound interest and simple interest on an amount of Rs 15000 for 2 years is Rs.96. what is the rate of interest per annum?
A.  8%
B.  6%
C.  5%
D.  4%

18.
On a sum of money the simple interest for 2 years is Rs.660, while compound interest is Rs 696.30, the rate of interest being the same in both the cases. The rate of interest is:
A.  10%
B.  10.5%
C.  12%
D.  11%

19.
A sum of money invested at compound interest amounts to Rs 800 in 3 years and to Rs 840 in 4 years. The rate of interest per annum is :-
A.  25/4%
B.  10%
C.  25/2%
D.  8%

20.
If Rs.1301 divide between A and B in such a way, so that the amount of A after 7 years is equal to the amount of B after 9 years, the interest being compounded at 4% per annum. Then what will be the share of A.
A.  Rs.550
B.  Rs.550
C.  Rs.676
D.  Rs.600

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