Quantitative Aptitude

General Questions

11.  The simple interest on a certain sum of money for 3 years at 8 % per annum is half the compound interest on ₹ 8000 for 2 years at 10 % per annum. Find the sum on which simple interest is calculated:

A. ₹ 3500
B. ₹ 3800
C. ₹ 4000
D. ₹ 3600
12.  The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half-yearly is:

A. 6.06%
B. 6.07%
C. 6.08%
D. 6.09%
13.  The difference between compound interest and simple interest on an amount of ₹ 15,000 for 2 years is ₹ 96. What is the rate of interest per annum.

A. 8
B. 10
C. 12
D. Cannot be determined
E. None of these
14.  The least number of complete years in which sum of money put out at 20% compound interest will be more than double is:

A. 3
B. 4
C. 5
D. 6
15.  On a sum of money, the simple interest for 2 years is ₹ 660, while the compound interest is ₹ 696.30, the rate of interest being the same in both the cause. The rate of interest is:

A. 10%
B. 10.5%
C. 12%
D. None of these
16.  There is 60% increase in an amount in 6 years at simple interest. What will be the compound interest of ₹ 12,000 after 3 years at the same rate?

A. ₹ 2160
B. ₹ 3120
C. ₹ 3972
D. ₹ 6240
E. None of these
17.  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
18.  The principal that amounts to ₹ 4913 in 3 years at 6.25% per annum compound interest compounded annually is:

A. ₹ 3096
B. ₹ 4076
C. ₹ 4085
D. ₹ 4096
19.  The simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on ₹ 4000 for 2 years at 10% per annum. The sum placed on simple interest is:

A. ₹ 1550
B. ₹ 1650
C. ₹ 1750
D. ₹ 2000
20.  Divided ₹ 3903 between A and B, so that A's share at the end of 7 years may equal to B's share at the end of 9 years, compound interest being at 4 per cent ?

A. ₹ 2028, ₹ 1875
B. ₹ 2018, ₹ 1885
C. ₹ 2008, ₹ 1895
D. ₹ 2038, ₹ 1865