Interest Questions and Answers - Quantitative Aptitude

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In this page you can learn and practice Interest Questions and Answers on Quantitative Aptitude with detailed solution. These Interest 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.

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

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

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.
Answer with Explanation
Answer: Option B
Explanation:
No explanation for this question.

Discussion: Click to Discuss
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%
Answer with Explanation
Answer: Option D
Explanation:
No explanation for this question.

Discussion: Click to Discuss
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
Answer with Explanation
Answer: Option B
Explanation:
No explanation for this question.

Discussion: Click to Discuss
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
Answer with Explanation
Answer: Option C
Explanation:
No explanation for this question.

Discussion: Click to Discuss
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
Answer with Explanation
Answer: Option A
Explanation:
No explanation for this question.

Discussion: Click to Discuss
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