- 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
Find the compound interest on Rs. 7500 at 4% per annum for 2 years, compounded annually.
- Rs. 610
- Rs. 612
- Rs. 614
- Rs. 616
Answer: Option B
Explanation:
\begin{aligned}
Amount = [7500 \times (1+ \frac{4}{100})^2] \\
= (7500 \times \frac{26}{25} \times \frac{26}{25}) \\
= 8112 \\
\end{aligned}
So compound interest = (8112 - 7500) = 612
1. At what rate of compound interest per annum will a sum of Rs. 1200 become Rs. 1348.32 in 2 years
- 3%
- 4%
- 5%
- 6%
Answer: Option D
Explanation:
Let Rate will be R%
\begin{aligned}
1200(1+\frac{R}{100})^2 = \frac{134832}{100} \\
(1+\frac{R}{100})^2 = \frac{134832}{120000} \\
(1+\frac{R}{100})^2 = \frac{11236}{10000} \\
(1+\frac{R}{100}) = \frac{106}{100} \\
=> R = 6\%
\end{aligned}
2. If the simple interest on a sum of money for 2 years at 5% per annum is Rs.50, what will be the compound interest on same values
- Rs.51.75
- Rs 51.50
- Rs 51.25
- Rs 51
Answer: Option C
Explanation:
\begin{aligned}
S.I. = \frac{P*R*T}{100} \\
P = \frac{50*100}{5*2} = 500\\
Amount = 500(1+\frac{5}{100})^2 \\
500(\frac{21}{20} * \frac{21}{20}) \\
= 551.25 \\
C.I. = 551.25 - 500 = 51.25
\end{aligned}
3. 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:
\begin{aligned}
(25000 \times (1 + \frac{12}{100})^3) \\
=> 25000\times\frac{28}{25}\times\frac{28}{25}\times\frac{28}{25} \\
=> 35123.20 \\
\end{aligned}
So Compound interest will be 35123.20 - 25000
= Rs 10123.20
4. Find the compound interest on Rs. 7500 at 4% per annum for 2 years, compounded annually.
- Rs. 610
- Rs. 612
- Rs. 614
- Rs. 616
Answer: Option B
Explanation:
\begin{aligned}
Amount = [7500 \times (1+ \frac{4}{100})^2] \\
= (7500 \times \frac{26}{25} \times \frac{26}{25}) \\
= 8112 \\
\end{aligned}
So compound interest = (8112 - 7500) = 612
5. 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%
\begin{aligned}
Amount = 100(1+\frac{3}{100})^2 = 106.09
\end{aligned}
Effective rate = (106.09 - 100)% = 6.09%
Thanks ! Your comment will be approved shortly !
- Copyright 2014 - All rights reserved
- Terms Of Use & Privacy Policy
- Contact Us
- Copyright