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Quantitative Aptitude :: Interest

Why Quantitative Aptitude Interest?

In this page you can learn and practice Quantitative Aptitude Questions and Answers on Interest with detailed solution. These questions and answers will help you to prepare for various competitive exams (UPSC, SSC, PSC, Bank, Railway, Insurance), Entrance Test (CAT, MAT, XAT) and Job interviews.

How to Practice Quantitative Aptitude Interest?

Basictell provides you MCQ and Multiple choice quiz type Quantitative Aptitude questions and answers on Interest. You can browse detailed answer with explanation on Quantitative Aptitude Interest and also can download as PDF Files and eBooks.

How to solve Quantitative Aptitude Interest problems for job Interviews?

At first you can try questions answers with exercises. Also discuss Quantitative Aptitude Interest questions and answers by practicing shortcut tricks and go through objective type exercises.


Interest :: Questions and 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