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Quantitative Aptitude Quiz - Set 15

image 2017-10-12 16:57:28
Quantitative Aptitude Quiz - Set 15

 Q1. What will be the difference between the interest accrued on a sum of Rs. 4500 at 12% p.a. for 2 yr and that on a sum of Rs. 5600 at 9% p.a. for 2 yr?    
(a) Rs. 75
(b) Rs. 72
(c) Rs. 69
(d) Rs. 76
(e) None of these

Q2. What total amount would Meekesh get at the end of 3 yr, if he invests an amount of Rs. 11200 in a scheme which offers simple interest at the rate of 8.5% for?  
(a) Rs. 14056
(b) Rs. 14348
(c) Rs. 13852
(d) Rs. 15064
(e) None of these

Q3. An equal amount of sum is invested in two schemes for 4 yr each, both offering simple interest. When invested in scheme A at 8% p.a. the sum amounts to Rs. 5280. In scheme B, invested at 12% p.a. it amounts to Rs. 5920. What is the total sum invested?  
(a) Rs. 4000
(b) Rs. 3500
(c) Rs. 4200
(d) Rs. 8000
(e) None of these

Q4. A sum of Rs. 2200 is invested at two different rates of interest. The difference between the interests got after 4 yr is Rs. 202.40. What is the difference between the rates of interest?  
(a) 3.3%
(b) 2.3%
(c) 3.5%
(d) 2.5%
(e) None of these

Q5. Kiara took a loan at simple interest rate of 6% in the 1 yr with an increase of 0.5% in each subsequent year. She paid interest of Rs. 3375 after 4 yr. How much loan did she take?  
(a) Rs. 12500
(b) Rs. 33250
(c) Rs. 15800
(d) Cannot be determined
(e) None of the above

Q6. Rs. 800 becomes Rs. 956 in 3 yr at certain simple interest rate of interest. If the rate of interest is increased by 4, what amount will Rs. 800 become in 3 yr?  
(a) Rs. 1020.8
(b) Rs. 1025
(c) Rs. 1052
(d) Data inadequate
(e) None of these

Q7. Divide Rs. 6000 into two parts so that simple interest on the first part for 2 yr at 6% p.a. may be equal to simple interest on the second part of 3 yr at 8% p.a.  
(a) Rs. 4000, Rs. 2000
(b) Rs. 5000, Rs. 1000
(c) Rs. 3000, Rs. 3000
(d) Rs. 2500, Rs. 3500
(e) None of the above

Q8. What sum of money at compound interest will amount to Rs. 4499.04 in 3 yr, if the rate of interest is 3% for the 1st yr, 4% for the 2nd yr and 5% for the 3rd yr?
(a) 4000
(b) 4500
(c) 6000
(d) 2000
(e) 3500

Q9. Find the compound interest on Rs. 2000 at 15% pa for 2 yr 4 months, compounded annually.  
(a) 779.25
(b) 765.50
(c) 755.75
(d) 758.75
(e) 777.25
             
Q10. Pari invested an amount of Rs. 35000 for 2 yr at the rate of 5% p.a. What amount of compound interest would she receive at the end of 2 yr?  
(a) Rs. 3587.50
(b) Rs. 3500
(c) Rs. 3580.50
(d) Rs. 3565.50
(e) None of these

Solutions: