Posted on - 24-04-2017

Bank PO

What is the compound interest on Rs.18000 at 15% p.a. for two years? .

(a) Rs.5805 .

(b) Rs.6005 .

(c) Rs.5500 .

(d) Rs.5555 .

Find the rate of compound interest at which a sum of Rs.3000 will amount to Rs.3307.50 in 2 years. .

(a) 6.5% p.a .

(b) 5% p.a .

(c) 6% p.a .

(d) 5.5% p.a .

A sum of money doubles itself at compound interest in three years. In how many years does it become eight times itself? .

(a) 27

(b) 18

(c) 36

(d) 9

The compound interest, (interest being compounded annually), on a certain sum for the second and third years are Rs.2880 and Rs.3398.40 respectively. Find the rate of interest. .

(a) 16% p.a. .

(b) 14% p.a. .

(c) 20% p.a. .

(d) 18% p.a. .

Find the time taken for a sum of Rs.1600 lent at 10% p.a compound interest, compounded semi-annually, to become Rs.1852.20. .

(a) years

(b) years

(c) years

(d) years

What annual installment would clear a debt of Rs.4.24 lakhs in two years at the rate of 12 % p.a. compound interest if interest is paid at end of year. .

(a) Rs.250880 .

(b) Rs.276440 .

(c) Rs.284220 .

(d) Rs.292660.

Sandeep deposited equal amounts at simple interest and compound interest. At the end of two years he obtained Rs.5625 more from the amount deposited at compound interest than that deposited at simple interest with the rate of interest being 15 % p.a. in both the schemes. What is the total amount he deposited? .

(a) Rs.3 lakhs .

(b) Rs.5 lakhs .

(c) Rs.7 lakhs .

(d) Rs.10 lakhs .

At what rate of compound interest per annum will a sum of money amount to eight times itself in three years?

(a) 30 %

(b) 75 %

(c) 100 %

(d) 50 %

Find the annual payment that will discharge a debt of Rs.15260 due in 4 years at 6% per annum simple interest (Assume that each annual payment is made at the end of the year) .

(a) Rs.3600 .

(b) Rs.3500 .

(c) Rs.3450 .

(d) Rs.3400 .

What is the compound interest on Rs.10000 at 40% p.a. for 9 months, interest being compounded quarterly? .

(a) Rs.3310 .

(b) Rs.6620 .

(c) Rs.1210 .

(d) Rs.2310 .

1.A. |
2.B. |
3.D. |
4.D. |
5.D. |

6.A. |
7.B. |
8.C. |
9.B. |
10.A. |