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Quantitative Aptitude : Questions Answers : Interest



1.

Find the simple interest on Rs. 750 for 3 years at the rate of 5% per annum.

A. 100

B. 112.5

C. 150.6

D. None of these.



2.

A sum of Rs. 468.75 was lent out at a simple interest and at the end of 1 year 8 month the total amount was Rs. 500. Find the rate of interest per cent per annum.

A. 2%

B. 3%

C. 3.5%

D. 4%



3.

Find the compound interest for Rs. 2000 for 3 years at the rate of 10% per annum.

A. Rs. 600

B. Rs. 662

C. Rs. 690

D. None of these



4.

Gopal invets a part of Rs. 8000 at 4% per year and theremainder at 5% per year. His annual income from the investment is Rs. 350. The ratio of two parts of investment is -

A. 2:3

B. 4:5

C. 5:3

D. 6:7



5.

In how many years will a sum of Rs. 1600 will amount to Rs. 1852.20 at the rate of 10% per annum compounded half yearly?

A. 3/2 years

B. 2/3 years

C. 4/3 years

D. 5/3 years