SSC MTS (C.I) NUMERICAL APTITUDE QUIZ

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Question 1:

A sum of ₹ 8,000 amounts to ₹ 13,824 in 3 years at $R \%$ p.a., interest compounded annually. What will it amount to in $1 \frac{1}{4}$ years at the same rate, if the interest is compounded half-yearly?

Question 2:

The compound interest on a certain sum of money for 2 years at 8% per annum compounded annually is ₹ 416 . What is the simple interest on the same sum at the same rate for the same period?

Question 3:

Find the compound interest on ₹ 8,000 at $10 \%$ per annum for $1 \frac{1}{2}$ years if the interest is compounded half yearly.

Question 4:

The compound interest on a certain sum of money for 3 years at 10% p.a. is ₹ 1,324. Find the simple interest (in ₹) on the same sum, at the same rate and for the same time.

Question 5:

₹ 16,000 is lent out for 2 years at 20% compound interest per annum. If the interest had been compounded half yearly instead of compounded annually, then ₹ x more would have been earned as interest. What is the value of x ?

Question 6:

A person invested ₹ 20,000 at a rate of 4.5 % on simple interest for three years. Had the person invested ₹ 16,000 on compound interest at a rate of 5% for 2 years, the difference in the interests would have been

Question 7:

If the compound interest on a certain sum for 2 years at 4 % per annum is ₹ 1530. What would be the simple interest on the same sum for the same period and at the same rate?

Question 8:

There is 70 % increase in an amount in 7 years at simple interest. What will be the compound interest on ₹ 8,000 after 3 years at the same rate of interest ?

Question 9:

What is the compound interest (in ₹, nearest to a ₹) on a sum of ₹ 8,000 for 2$\frac{1}{8}$ years at the rate of 16% p.a., interest compounded yearly?

Question 10:

Find the compound interest, if ₹ 3000 was invested for 3 years at 20% p.a., interest compounded half yearly (nearest to a rupee).