- Home
- Quantitative
- English
- Reasoning
- IT Officer
- Programming
-
Computer
- Computer Awareness Questions Answers - Set 1
- Computer Awareness Questions Answers - Set 2
- Important Abbreviations Computer Awareness Questions Answers
- Important File Extensions Questions Answers
- Computer System Architecture Questions Answers
- MS Office Questions Answers
- MS Excel Questions Answers
- MS PowerPoint Questions Answers
-
GK
- Geography Questions Answers
- Indian History Questions Answers
- World History Questions Answers
- Indian Economy Questions Answers
- Indian Polity and Constitution
- Physics Questions Answers
- Chemistry Questions Answers
- Biology Questions Answers
- First In India
- First In World
- Longest and Largest
- Books and Authors
- Important Days of year
- Countries and Capitals
- Inventions and Inventors
-
Current Affairs
- Current Affairs
- Current Affairs 2018
- Current Affairs 2018 - 2019 PDF
- Current Affairs August 2019
- Current Affairs July 2019
- Current Affairs June 2019
- Current Affairs May 2019
- Current Affairs April 2019
- Current Affairs March 2019
- Current Affairs February 2019
- Current Affairs January 2019
- Current Affairs December 2018
- Current Affairs November 2018
- Current Affairs October 2018
- Current Affairs September 2018
- Govt Jobs
- Exams
- Online Quiz
- You are here
- Home
- Quantitative Aptitude
- Arithmetic Aptitude Questions Answers
- Compound Interest Questions Answers
- Aptitude Question
- Current Affairs 2019
- Current Affairs 2018
- Current Affairs December 2018
- Current Affairs November 2018
- Current Affairs October 2018
- Current Affairs September 2018
- Current Affairs August 2018
- Current Affairs July 2018
- Current Affairs June 2018
- Current Affairs May 2018
- Current Affairs April 2018
- Current Affairs March 2018
- Current Affairs February 2018
- Current Affairs January 2018
- Current Affairs 2018
- Current Affairs PDF
- Current Affairs PDF Download
- Current Affairs July 2019 PDF
- Current Affairs June 2019 PDF
- Current Affairs May 2019 PDF
- Current Affairs April 2019 PDF
- Current Affairs March 2019 PDF
- Current Affairs February 2019 PDF
- Current Affairs January 2019 PDF
- Current Affairs December 2018 PDF
- Current Affairs November 2018 PDF
- Current Affairs October 2018 PDF
- Current Affairs September 2018 PDF
- Current Affairs August 2018 PDF
- Current Affairs July 2018 PDF
- Current Affairs June 2018 PDF
- Current Affairs May 2018 PDF
- Current Affairs April 2018 PDF
- Current Affairs March 2018 PDF
- Current Affairs February 2018 PDF
- Current Affairs January 2018 PDF
Question Detail
Effective annual rate of interest corresponding to nominal rate of 6% per annum compounded half yearly will be
- 6.09%
- 6.10%
- 6.12%
- 6.14%
Answer: Option A
Explanation:
Let the amount Rs 100 for 1 year when compounded half yearly, n = 2, Rate = 6/2 = 3%
Amount=100(1+3100)2=106.09
Effective rate = (106.09 - 100)% = 6.09%
1. What will be the compound interest on Rs. 25000 after 3 years at the rate of 12 % per annum
- Rs 10123.20
- Rs 10123.30
- Rs 10123.40
- Rs 10123.50
Answer: Option A
Explanation:
(25000×(1+12100)3)=>25000×2825×2825×2825=>35123.20
So Compound interest will be 35123.20 - 25000
= Rs 10123.20
2. We need to divide Total Sum Rs. 3364 between Ram and Sham so that Ram's share at the end of 5 years may equal to Sham's share at the end of seven years with compound interest rate at 5 percent.
- 1864 and 1500
- 1764 and 1600
- 1664 and 1700
- 1564 and 1800
Answer: Option B
Explanation:
It is clear from question that Ram's share after five years = Sham's share after seven years
Hence we can conclude following :
(Rams's present share)(1+5100)5=(Sham's present share)(1+5100)7=>(Ram's present share)(Sham's present share)=(1+5100)7(1+5100)5=(1+5100)(7−5)=(1+5100)2=(2120)2=441400
Ram's present share : B's present share = 441 : 400
As amount is Rs.3364, Ram's share = 3364×441(441+400)=3364×441841=4×441= Rs. 1764
So Sham's share is = 3364-1764 = 1600
3. A sum of money invested at compound interest to Rs. 800 in 3 years and to Rs 840 in 4 years. The rate on interest per annum is.
- 4%
- 5%
- 6%
- 7%
Answer: Option B
Explanation:
S.I. on Rs 800 for 1 year = 40
Rate = (100*40)/(800*1) = 5%
4. A man saves Rs 200 at the end of each year and lends the money at 5% compound interest. How much will it become at the end of 3 years.
- Rs 662
- Rs 662.01
- Rs 662.02
- Rs 662.03
Answer: Option C
Explanation:
=[200(2120×2120×2120)+200(2120×2120)+200(2120)]=662.02
5. Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 4000 for 2 years at 10% per annum. The sum placed on simple interest is
- Rs 1650
- Rs 1750
- Rs 1850
- Rs 1950
Answer: Option B
Explanation:
C.I.=(4000×(1+10100)2−4000)=4000∗1110∗1110−4000=840So S.I. = 8402=420So Sum = S.I.∗100R∗T=420∗1003∗8=Rs1750
Thanks ! Your comment will be approved shortly !
- Copyright 2014 - All rights reserved
- Terms Of Use & Privacy Policy
- Contact Us
- Copyright