DELHI POLICE CONSTABLE INTEREST QUANT QUIZ-7

Question 1:

Jyoti invests Rs.50,000 at $5 \%$ per annum compound interest for two years. The amount standing to her credit at the end of the second year is:

Rs. 52,500

Rs. 55,500

Rs. 55,125

Rs. 55,625

Question 2:

The difference between compound interest (compounded annually) and simple interest on a certain sum of money at $10 \%$ per annum for 2 years is Rs. $40 .$ The sum is ;

Rs. 4000

Rs. 3600

Rs. 4200

Rs. 3200

Question 3:

What would be the compound interest obtained on an amount of Rs. 4000 at the rate of $5 \%$ per annum after 3 years?

$612$

$578$

$525.50$

$630.50$

Question 4:

If interest become $\frac{3}{5}$ times of principle in 4 years. Find the rate of interest.

$18 \%$

$15 \%$

$20 \%$

$12 \%$

Question 5:

Nitin borrowed some money at the rate of $6 \%$ p.a. for first three years, $9 \%$ p.a. for the next five years and $13 \%$ p.a. for the period beyond eight years. If the total interest paid by him at the end of eleven years is Rs. 8,160, the money borrowed by him (in Rs.) was -

12000

6000

8000

10000

Question 6:

A sum of money becomes 4 times at simple interest in 10 years. What is the rate of interest?

$20 \%$

$25 \%$

$30 \%$

$33 \frac{1}{3} \%$

Question 7:

At $18 \%$ per annum in $4 \frac{1}{2}$ years, certain sum gives Rs.4,050 as simple interest. Find that amount?

Rs. 8050

Rs. 9070

Rs. 9050

Rs. 8070

Question 8:

Find the simple interst on an amount of Rs. 2000 for 3 years at $5 \%$ per annum.

400

500

300

450

Question 9:

In what time will Rs. 6,500 become Rs. 11,180 at $12 \%$ per annum simple interest?

8 years

7 years

6 years

5 years

Question 10:

Sita deposited Rs. 5,000 at $10 \%$ simple interest for 2 years. How much more money will Sita have in her account at the end of two years, if it is compounded semi-annually.

Rs. 50

Rs. 40

Rs. $77.50$

Rs. $85.50$