Dear Readers,
Mahendras has started special quizzes for Quantitative Aptitude Quiz For IBPS | RBI | SBI | NABARD | LIC so that you can practice more and more to crack the examination. This IBPS | RBI | SBI | NABARD | LIC Exam special quiz series will mold your preparations in the right direction and the regular practice of these quizzes will be really very helpful in scoring good marks in the Examination. Here we are providing you the important question of Quantitative Aptitude for the for the IBPS | RBI | SBI | NABARD | LIC.
Question 1: Find the compound interest on Rs. 10,000 at a rate of 8% per annum for 2 years, compounded annually.
a) Rs. 1,600
b) Rs. 1,620
c) Rs. 1,640
d) Rs. 1,800
e) Rs. 1,100
Answer: b
Question 2: What is the simple interest on Rs. 5,000 at a rate of 5% per annum for 3 years?
a) Rs. 650
b) Rs. 750
c) Rs. 850
d) Rs. 950
e) Rs. 750
Answer: c
Question 3:If the compound interest on a certain amount for 2 years at 10% per annum is Rs. 2,100, what will be the simple interest on the same amount and rate for 4 years?
a) Rs. 4,000
b) Rs. 4,200
c) Rs. 4,400
d) Rs. 4,600
e) Rs. 4,500
Answer: a
Question 4:Calculate the compound interest on Rs. 8,000 at a rate of 12.5% per annum for 3 years, compounded half-yearly.
a) Rs. 2,630
b) Rs. 2,720
c) Rs. 2,810
d) Rs. 2,900
e) Rs. 2,800
Answer: c
Question 5: The simple interest on a certain sum of money is Rs. 625 at 5% per annum for 5 years. What will be the compound interest on the same sum for 2 years at the same rate?
a) Rs. 62.50
b) Rs. 64.25
c) Rs. 68.75
d) Rs. 71.50
e) Rs. 71.40
Answer: b
Question 6: A sum of Rs. 4,000 amounts to Rs. 5,440 in 2 years at a certain rate of interest. What will be the compound interest on the same sum for 3 years at the same rate?
a) Rs. 1,660
b) Rs. 1,770
c) Rs. 1,880
d) Rs. 1,990
e) Rs. 1,970
Answer: a
Question 7: Find the simple interest on Rs. 12,000 at a rate of 6% per annum for 4 years.
a) Rs. 2,800
b) Rs. 3,200
c) Rs. 3,600
d) Rs. 4,000
e) Rs. 4,500
Answer: b
Question 8: If the compound interest on a certain amount for 2 years at 8% per annum is Rs. 1,664, what will be the simple interest on the same amount and rate for 5 years?
a) Rs. 1,500
b) Rs. 1,600
c) Rs. 1,700
d) Rs. 1,800
e) Rs. 1,850
Answer: c
Question 9: Calculate the compound interest on Rs. 15,000 at a rate of 10% per annum for 1.5 years, compounded semi-annually.
a) Rs. 2,194
b) Rs. 2,220
c) Rs. 2,246
d) Rs. 2,272
e) Rs. 2,271
Answer: b
Question 10: The simple interest on a certain sum of money is Rs. 450 at 4% per annum for 2 years. What will be the compound interest on the same sum for 3 years at the same rate?
a) Rs. 49.92
b) Rs. 50.36
c) Rs. 50.96
d) Rs. 51.64
e) Rs. 51.65
Answer: c
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