Railways Quantitative Aptitude Compound Interest Sample Paper

done Simple Interest & Compund Interest Sample Test Paper-15 Total Questions - 20    [Download]

• question_answer1)
  A sum of money, at compound interest, yields Rs.  200 and Rs. 220 at the end of first and second year respectively. The rate % is
  A)
   20       
  done clear
  B)
          15
  done clear
  C)
   10       
  done clear
  D)
   5
  done clear
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• question_answer2)
  Rs. 12500 lent at compound interest for two years at 10% per annum fetches Rs. .... more, if the interest was payable half yearly than if it was payable annually
  A)
   Zero                
  done clear
  B)
   Rs. 10.48
  done clear
  C)
   Rs. 38.50         
  done clear
  D)
   Rs. 68.82
  done clear
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• question_answer3)
  Nanoo and Meenu borrowed Rs. 400 each at 10% interest per annum. Nanoo borrowed at compound interest while Meenu borrowed at simple interest. In both the cases, the interest was calculated half yearly. At the end of one year.
  A)
   Both paid the same amount as interest
  done clear
  B)
   Nanoo paid Rs. 1 more as interest
  done clear
  C)
   Meenu paid Rs. 5 more as interest
  done clear
  D)
   Meenu paid Rs. 5 less as interest
  done clear
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• question_answer4)
  The difference between S.I. and C.I. on a sum for 2 years at 8% per annum is Rs. 160. If the interest were compounded half yearly, the difference in interests in two years will be nearly
  A)
   Rs. 246.50       
  done clear
  B)
   Rs. 240
  done clear
  C)
   Rs 168 
  done clear
  D)
   Rs 160
  done clear
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• question_answer5)
  An amount is lent at 15% p.a. compound interest for 2 years. The percent increase in the amount at the end of 2 years is
  A)
   22.5% 
  done clear
  B)
   30%    
  done clear
  C)
   32.25%
  done clear
  D)
   35.5%
  done clear
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• question_answer6)
  The population of a village increases @ 5% p.a. If present population is 8000, after how many years the population will be 9261?
  A)
   2 Years
  done clear
  B)
          3 Years
  done clear
  C)
   \[3\frac{1}{2}\] Years   
  done clear
  D)
   4 Years
  done clear
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• question_answer7)
  A father divides Rs. 5100 between his two sons, Mohan and Sohan who are 23 and 24 at present in such a way that if their shares are invested at compound interest @ 4% p.a., they will receive equal amount on attaining the age of 26 years. Mohan's share is
  A)
   Rs. 2400          
  done clear
  B)
   Rs. 2500
  done clear
  C)
   Rs. 2550          
  done clear
  D)
   Rs. 2600
  done clear
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• question_answer8)
  Population of a town increases at a certain rate per cent per annum. Present population of the town is 3600 and in 5 years it becomes 4800. How much will it be in 10 years?
  A)
   5000   
  done clear
  B)
   6000
  done clear
  C)
   6400               
  done clear
  D)
   7000
  done clear
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• question_answer9)
  Of a certain sum, \[\frac{1}{3}\]rd. is invested at 3%, \[\frac{1}{6}\]th at 6% and the rest at 8%. If the SI for 2 years from all these investments amounts to Rs. 600, then the original sum was
  A)
   Rs. 2000          
  done clear
  B)
   Rs. 3000
  done clear
  C)
   Rs. 4000          
  done clear
  D)
   Rs. 5000
  done clear
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• question_answer10)
  In what time will Rs. 72 become Rs. 81 at \[6\frac{1}{4}\]% p.a. SI?
  A)
   \[1\frac{1}{2}\] Year
  done clear
  B)
   \[2\frac{1}{2}\] Years
  done clear
  C)
   2 Years
  done clear
  D)
   none of these
  done clear
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• question_answer11)
  Bhanu borrowed a certain sum of money at 12% per annum for 3 years and Madhuri borrowed the same sum at 24% per annum for 10 years. The ratio of their amounts, is
  A)
   1 : 3                
  done clear
  B)
   2 : 1
  done clear
  C)
   2 : 3                
  done clear
  D)
   2 : 5
  done clear
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• question_answer12)
  Gopi borrowed Rs. 1800 at 12% per annum for 2 years and Krishna borrowed Rs. 1200 at 18% per annum for 3 years. Then the ratio of interests paid by them is
  A)
   1 : 2                
  done clear
  B)
   2 : 3
  done clear
  C)
   3 : 1                
  done clear
  D)
   2 : 1
  done clear
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• question_answer13)
  Compound interest on Rs. 1600 at 2.5% p.a. for 2 years is
  A)
   Rs. 80 
  done clear
  B)
   Rs. 81
  done clear
  C)
   Rs. 82             
  done clear
  D)
   Rs. 1681
  done clear
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• question_answer14)
  Compound interest on Rs. 25000 at 20% p.a. for \[2\frac{1}{2}\] years, if interest is compounded annually, is
  A)
   Rs. 39600
  done clear
  B)
   Rs. 14600
  done clear
  C)
   Rs. 37500        
  done clear
  D)
   Rs. 12500
  done clear
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• question_answer15)
  A certain sum of money invested at a certain rate of compound interest doubles in 5 years. In how many years will it become 4 times?
  A)
   10 years          
  done clear
  B)
   12 years
  done clear
  C)
   15 years          
  done clear
  D)
   20 years
  done clear
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• question_answer16)
  If compound interest for second year on a certain sum at 10% p.a. is Rs. 132, the principal is,
  A)
   Rs. 600
  done clear
  B)
   Rs. 1000
  done clear
  C)
   Rs. 1100
  done clear
  D)
          Rs. 1200
  done clear
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• question_answer17)
  A man invested Rs. 16000 at compound interest for 3 years, interest compounded annually. If he got Rs. 18522 at the end of 3 years, then the rate of interest is
  A)
   4%                  
  done clear
  B)
   5%
  done clear
  C)
   6%                  
  done clear
  D)
   7%
  done clear
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• question_answer18)
  The compound interest on Rs. 2000 for 9 months at 8% per annum being given when the interest is compounded quarterly is
  A)
   Rs. 122
  done clear
  B)
   Rs. 130
  done clear
  C)
   Rs. 150
  done clear
  D)
   Rs. 145
  done clear
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• question_answer19)
  A man had Rs. 1200, part of which he lent at 5% and the remaining at 4% he got Rs. 106 as interest after 2 years. The amount lent at 5% is
  A)
   Rs. 700
  done clear
  B)
   Rs. 800
  done clear
  C)
   Rs, 500
  done clear
  D)
   Rs. 400
  done clear
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• question_answer20)
  The difference between CI and SI on Rs. 8000 far 3 yrs at 2.5% p.a. is
  A)
   Rs. 15.125       
  done clear
  B)
   Rs. 10.125
  done clear
  C)
   Rs. 18.125       
  done clear
  D)
   Rs. 19.125
  done clear
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