Quantitative Aptitude

General Questions

1.  What is the difference between the compound interest on ₹ 5000 for 1.5 years at 4% per annum compounded yearly and half-yearly?
A. ₹ 2.04
B. ₹ 3.06
C. ₹ 4.80
D. ₹ 8.30
2.  Albert invested an amount of ₹ 8000 in a fixed deposit scheme for 2 years at compound interest rate 5 p.c.p.a. How much amount will Albert get on maturity of the fixed deposit?
A. ₹ 8600
B. ₹ 8620
C. ₹ 8800
D. ₹ 8820
E. None of these
3.  A bank offers 5% compound interest calculated on half-yearly basis. A customer deposits ₹ 1600 each on 1st January and 1st July of a year. At the end of the year, the amount he would have gained by way of interest is:

A. ₹ 120
B. ₹ 121
C. ₹ 122
D. ₹ 123
4.  Find the compound interest on ₹ 15,625 for 9 months at 16% per annum compounded quarterly.
A. ₹ 1851
B. ₹ 1941
C. ₹ 1951
D. ₹ 1961
5.  Sam invested ₹ 15000 @ 10% per annum for one year. If the interest is compounded half-yearly, then the amount received by Sam at the end of the year will be:
A. ₹ 16,500
B. ₹ 16,525.50
C. ₹ 16,537.50
D. ₹ 18,150
E. None of these
6.  The difference between simple interest and compound interest on ₹ 1200 for one year at 10% per annum reckoned half-yearly is:
A. ₹ 2.50
B. ₹ 3
C. ₹ 3.75
D. ₹ 4
E. None of these
7.  The compound interest on a certain sum for 2 years at 10% per annum is ₹ 525. The simple interest on the same sum for double the time at half the rate percent per annum is:
A. ₹ 400
B. ₹ 500
C. ₹ 600
D. ₹ 800
8.  What will be the difference between simple and compound interest @ 10% per annum on a sum of ₹ 1000 after 4 year?
A. ₹ 31
B. ₹ 32.10
C. ₹ 40.40
D. ₹ 64.10
E. None of these
9.  What will be compound interest on a sum of ₹ 25000 after 3 years at the rate of 12 p. c. p. a ?
A. ₹ 9000.30
B. ₹ 9720
C. ₹ 10123.20
D. ₹ 10483.20
E. None of these
10.  A sum of money is borrowed and paid back in two annual instalments of ₹ 882 each allowing 5% compound interest. The sum borrowed was:
A. ₹ 1620
B. ₹ 1640
C. ₹ 1680
D. ₹ 1700

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