**APTITUDE QUIZ**

**Q1.Find compound interest on Rs. 8000 at 5 % per annum for 3 years, compounded annually.**

- Rs. 1250
- Rs. 1261
- Rs. 1200
- Rs. 1150

**Q2.Find the compound interest on Rs. 15000 in 3 years at 5 % per annum, the interest being compounded half yearly?**

- Rs. 2300
- Rs. 2250
- Rs. 2395.40
- Rs. 2295.40

**Q3.** **Find the compound interest on Rs. 20000 at 8 % per annum for 9 months compounded annually.**

- Rs. 1200
- Rs. 1224
- Rs. 1250
- Rs. 1150

**Q4.** **If Rs. 500 amounts to Rs. 583.2 in 2 years compounded annually, find the rate of interest per annum ?**

- 5 %
- 8 %
- 10 %
- 4 %

**Q5.If the simple interest on a sum of money at 4 % per annum for 2 years is Rs. 400, find the compound interest on the same sum for the same period at the same rate.**

- Rs. 400
- Rs. 408
- Rs. 450
- Rs. 500

**Q6.In what time will Rs.7500 become Rs.8112 at rate of 4 % per annum compounded annually?**

- 2 years
- 3 years
- 2.5 years
- 3.5 years

**Q7.If Rs.10000 has been lent out at 10 % rate of interest for 3 years, the interest being compounded annually, what is the interest for the third year?**

- Rs. 1100
- Rs. 1150
- Rs. 1210
- Rs. 1250

**Q8.The difference between simple interest and compound interest on Rs.1200 for one year at 10 % per annum reckoned half yearly is :**

- Rs. 2.5
- Rs. 3.75
- Rs. 3
- Rs. 4

**Q9.The compound interest on Rs.30000 at 7 % per annum is Rs.4347. The period (in years) is :**

- 2 years
- 2.5 years
- 3 years
- 4 years

**Q10.A certain sum amounts to Rs.7350 in 2 years and to Rs.8575 in 3 years. Find the sum and rate of interest.**

- Rs. 5500
- Rs. 5400
- Rs. 5300
- Rs. 5200

**Q11.What is the principal amount which earns Rs.132 as compound interest for the second year at 10% per annum?**

- Rs.900
- Rs.1150
- Rs.1200
- Rs.1250

**Q12.Ram invested an amount of 15000 in a fixed deposit for 2 years at compound interest rate of 6% per annum. How much Ram will get on the maturity of the fixed deposit?**

- Rs.16854
- Rs.16000
- Rs.17000
- Rs.17500

**Q13.If Rs 15000 amounts to Rs 16224 in 2 years compounded annually, find the rate of interest per annum.**

- 3%
- 4%
- 5%
- 6%

**Q14.What will be the difference between simple and compound interest at 10% per annum on a sum of Rs.1000 after 4 years?**

- Rs. 31
- Rs. 32.10
- Rs. 40.40
- Rs. 64.10

**Q15.In how many years will a sum of Rs 800 at 10% per annum compounded semi annually becomes Rs.926.10?**

- 1 Year 6 Month
- 1 Year 6 Month
- 2 Years
- 1 Year

**Q16.The compound interest on a certain sum for 2 years at 10% per annum is Rs.525. the simple interest on the same sum for double the time at half the rate percent per annum is:**

- Rs. 400
- Rs. 500
- Rs. 600
- Rs. 800

**Q17.The difference between compound interest and simple interest on an amount of Rs 15000 for 2 years is Rs.96. what is the rate of interest per annum?**

- 8%
- 6%
- 5%
- 4%

**Q18.On a sum of money the simple interest for 2 years is Rs.660, while compound interest is Rs 696.30, the rate of interest being the same in both the cases. The rate of interest is:**

- 10%
- 10.5%
- 12%
- 11%

**Q19.A sum of money invested at compound interest amounts to Rs 800 in 3 years and to Rs 840 in 4 years. The rate of interest per annum is :-**

- 25/4%
- 10%
- 25/2%
- 8%

**Q20.If Rs.1301 divide between A and B in such a way, so that the amount of A after 7 years is equal to the amount of B after 9 years, the interest being compounded at 4% per annum. Then what will be the share of A.**

- Rs.550
- Rs.550
- Rs.676
- Rs.600

**-:ANSWER:-**

1ANSWER:B

2ANSWER:C

3ANSWER:B

4ANSWER:B

5ANSWER:B

6ANSWER:A

7ANSWER:C

8ANSWER:C

9ANSWER:A

10ANSWER:B

11ANSWER:C

12ANSWER:A

13ANSWER:B

14ANSWER:D

15ANSWER:A

16ANSWER:B

17ANSWER:A

18ANSWER:D

19ANSWER:A

20ANSWER:C