SSC CGL QUANT QUIZ(SIMPLE AND COMPOUND INTEREST)

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Question 1:

In how many years will a sum of Rs. 800 at $10 \%$ per annum compound interest. Compounded semi-annually becomes Rs. 926.10?

Question 2:

The difference between compound interest and simple interest on an amount of Rs. 3500 for 2 years is Rs. 735. What is the rate of interest per annum? (In %)

Question 3:

Anil borrows Rs. 6400 from Ajay at simple interest at the rate of $13 \%$ per annum. What amount of money (in rupees) should Anil pay to Ajay after 5 years to clear the debt?

Question 4:

A Sum at simple interest becomes two times in 5 years at a certain rate of interest p.a. The times in which the same sum will be six times at the same rate of interest as simple interest is:

Question 5:

For the same principal amount, the compound interest for two years at 5% per annum exceeds the simple interest for three years at 3% per annum by Rs 1125. Then the principal amount in rupees is

Question 6:

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.

Question 7:

B borrowed Rs. 5000 from A at $6 \%$ p.a. simple interest and lends it to $\mathrm{C}$ at compound interest of $10 \%$ p.a. If B collects the money back from C after 2 years and repays $A$, the profit made by $\mathrm{B}$ in the transaction is:

Question 8:

On a certain sum of money, the simple interest for 2 years is Rs. 200 at the rate of $7 \%$ per annum. Find the difference in CI and SI.

Question 9:

In how much time a sum of Rs. 10,000 will become Rs.14,641 at the rate of $10 \%$ per annum interest, while the interest is compounded annually.

Question 10:

Chameli lent Rs.1,200 and Rs.800 at $10 \%$ and $8 \%$ rate of simple interest to Shila and Radha respectively. If she got Rs.2,208 as interest on total money lent then for how many year did she lent money?