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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 Page 2


6.

The simple interest on a certain sum of money for 2 years at 10% per annum is Rs. 400. Find the compound interest at the same rate and for the same time.

A. Rs. 400
B. Rs. 420
C. Rs. 450
D. None of these.

7.

Rs. 7500 is borrowed at compound interest at the rate of 4% per annum. What will be the amount to be paid after 6 months, if interest is compounded quarterly?

A. Rs. 7850.75
B. Rs. 7650.75
C. Rs. 8650.75
D. Rs. 8750.75

8.

What will be the difference in simple and compound interest on Rs. 2000 after three years at the rate of 10 per cent per annum?

A. Rs. 60
B. Rs. 61
C. Rs. 62
D. None of these.