Quantitative Aptitude

1. What amount a man would have received on a principal of Rs 4000 after 2 years simple interest @ 5 p.c.p.a.?

(1) Rs 4161

(2) Rs 5200

(3) Rs 4400

(4) Rs 4100

(5) Rs 4190

2. Veena obtained an amount of Rs 8376 as simple interest on a certain amount at 8 p.c.p.a. after 6 years. What is the amount invested by veena?

(1) Rs 1780

(2) Rs 18110

(3) Rs 16660

(4) Rs 17450

(5) Rs None of these

3. A sum was put at simple interest at a certain rate for 2 years. Had it been put at 3% lower rate, it would have fetched Rs 300 less. Find the sum.

(1) Rs 1000

(2) Rs 2000

(3) Rs 3000

(4) Rs 5000

(5) None of these

4. What annual payment will discharge a debt of Rs 54000 due in 5 years, the rate of interest being 4% per annum?

(1) Rs 10000

(2) Rs 11000

(3) Rs 15000

(4) Rs 20000

(5) None of these

5. Rs 600 becomes Rs 720 in 4 years when the interest is simple. If the rate of interest is increased by 2%, then what will be total amount?

(1) Rs 642

(2) Rs 724

(3) Rs 725

(4) Rs 768

(5) None of these

6. What will be the compound interest earned on an amount of Rs 12500 in 2 years @ 6 p.c.p.a?

(1) Rs 2050

(2) Rs 1500

(3) Rs 1800

(4) Rs 1545

(5) None of these

7. An amount of Rs 10000 becomes Rs 14641 in 2 years, if the interest is compounded half yearly. What is the rate of compound interest p.c.p.a.?

(1) 10

(2) 20

(3) 16

(4) 12

(5) None of these

8. If the compound interest accrued on an amount  Rs 15000 in 2 years in Rs 2496, what is the rate of interest p.c.p.a.?

(1) 8

(2) 10

(3) 6

(4)  cannot be determined

(5) None of these

9. What would be the compound interest accrued on an amount of Rs  8000 @ 15 p.c.p.a.?

(1) Rs 4283

(2) Rs 4051

(3) Rs 4167

(4) Rs 4325

(5) None of these

10. Mr. Rao invests a sum of Rs 41250 @ 6p.c.p.a. what approximate amount of compound interest will be obtain at the end of 3 years?

(1) Rs 8100

(2) Rs 7425

(3) Rs 8210

(4) Rs 7879

(5) Rs 7295