# Quiz Discussion

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

Course Name: Quantitative Aptitude

• 1]

1 1/2 years

• 2]

1 2/3 years

• 3]

2 1/3 years

• 4]

2 1/2 years

##### Solution
No Solution Present Yet

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# Quiz
1
Discuss

The C.I. on a sum of money for 2 years is Rs. 832 and the S.I. on the same sum for the same period is Rs. 800. The difference between the C.I and S.I. for 3 years will be

• 1]

Rs 48

• 2]

Rs 66.56

• 3]

Rs 98.56

• 4]

None Of These

##### Solution
2
Discuss

The difference between S.I. and C.I. on Rs. 1200 for one year at 10% per annum calculated half-yearly is

• 1]

Rs. 2.50

• 2]

Rs. 3

• 3]

Rs. 3.75

• 4]

Rs. 4

##### Solution
3
Discuss

Albert invested an amount of Rs.8000 in a fixed deposit scheme for 2 years at compound interest rate 5 p.c.p.a. How much amount will Albert get on maturity of the fixed deposit?

• 1]

Rs 8600

• 2]

Rs 8620

• 3]

Rs 8820

• 4]

None Of These

##### Solution
4
Discuss

What will be the compound interest on a sum of Rs.25000 after 3 years at the rate of 12 per cent p.a.?

• 1]

Rs. 10123.20

• 2]

Rs. 11123.20

• 3]

Rs. 12123.20

• 4]

Rs. 13123.20

##### Solution
5
Discuss

If the simple interest on a sum of money for 2 years at 5% per annum is Rs. 50, what is the compound interest on the same sum at the same rate and for the same time?

• 1]

Rs, 51.25

• 2]

Rs. 52

• 3]

Rs. 54.25

• 4]

Rs. 60

##### Solution
6
Discuss

The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half-yearly is:

• 1]

6.06%

• 2]

6.07%

• 3]

6.08%

• 4]

6.09%

##### Solution
7
Discuss

A bank offers 5% compound interest calculated on half-yearly basis. A customer deposits Rs.1600 each on 1st January and 1st July of a year. At the end of the year, the amount he would have gained by way of interest is:

• 1]

Rs 120

• 2]

Rs 121

• 3]

Rs 122

• 4]

Rs 123

##### Solution
8
Discuss

A sum of money invested at compounded interest amounts to Rs. 800 in 3 years and to Rs. 840 in 4 years. The rate on interest per annum is

• 1]

3%

• 2]

4%

• 3]

5%

• 4]

6%

##### Solution
9
Discuss

A man saves Rs. 200 at the end of each year and lends the money at 5% compound interest. How much will it become at the end of 3 years?

• 1]

Rs. 666.50

• 2]

Rs. 565.25

• 3]

Rs. 635

• 4]

Rs. 662.02

##### Solution
10
Discuss

There is 60% increase in an amount in 6 years at simple interest. What will be the compound interest of Rs. 12,000 after 3 years at the same rate?

• 1]

Rs. 2160

• 2]

Rs. 3120

• 3]

Rs. 3972

• 4]

Rs. 6240

# Quiz