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- 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: