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Quant Questions For IBPS Clerk Mains Exam 2016

Quant Questions For IBPS Clerk Mains Exam 2016 |_20.1

Hello Students! We’ve introduced  “15 Din IBPS Clerk mein IN” which is 15 Days Study Plan for IBPS Clerk Mains 2016. By following this plan you can study and prepare better in a more disciplined way. We’ll cover all type of questions that are asked in Bank Clerk exam. So, follow this dedicated post for the Quant Section. 

Q1. What will be the difference between the interest accrued on a sum of Rs. 4500 at 12% p.a. for 2 yr and that on a sum of Rs. 5600 at 9% p.a. for 2 yr?    
(a) Rs. 75
(b) Rs. 72
(c) Rs. 69
(d) Rs. 76
(e) None of these


Q2. What total amount would Meekesh get at the end of 3 yr, if he invests an amount of Rs. 11200 in a scheme which offers simple interest at the rate of 8.5% for?  
(a) Rs. 14056
(b) Rs. 14348
(c) Rs. 13852
(d) Rs. 15064
(e) None of these 

Q3. An equal amount of sum is invested in two schemes for 4 yr each, both offering simple interest. When invested in scheme A at 8% p.a. the sum amounts to Rs. 5280. In scheme B, invested at 12% p.a. it amounts to Rs. 5920. What is the total sum invested?  
(a) Rs. 4000
(b) Rs. 3500
(c) Rs. 4200
(d) Rs. 8000
(e) None of these 

Q4. A sum of Rs. 2200 is invested at two different rates of interest. The difference between the interests got after 4 yr is Rs. 202.40. What is the difference between the rates of interest?  
(a) 3.3%
(b) 2.3%
(c) 3.5%
(d) 2.5%
(e) None of these

Q5. Kiara took a loan at simple interest rate of 6% in the 1 yr with an increase of 0.5% in each subsequent year. She paid interest of Rs. 3375 after 4 yr. How much loan did she take?  
(a) Rs. 12500
(b) Rs. 33250
(c) Rs. 15800
(d) Cannot be determined 
(e) None of the above 

Q6. Rs. 800 becomes Rs. 956 in 3 yr at certain simple interest rate of interest. If the rate of interest is increased by 4, what amount will Rs. 800 become in 3 yr?  
(a) Rs. 1020.8
(b) Rs. 1025
(c) Rs. 1052
(d) Data inadequate 
(e) None of these 

Q7. Divide Rs. 6000 into two parts so that simple interest on the first part for 2 yr at 6% p.a. may be equal to simple interest on the second part of 3 yr at 8% p.a.  
(a) Rs. 4000, Rs. 2000
(b) Rs. 5000, Rs. 1000
(c) Rs. 3000, Rs. 3000
(d) Rs. 2500, Rs. 3500
(e) None of the above 

Q8. What sum of money at compound interest will amount to Rs. 4499.04 in 3 yr, if the rate of interest is 3% for the 1st yr, 4% for the 2nd yr and 5% for the 3rd yr? 
(a) 4000
(b) 4500
(c) 6000
(d) 2000
(e) 3500

Q9. Find the compound interest on Rs. 2000 at 15% pa for 2 yr 4 months, compounded annually.  
(a) 779.25
(b) 765.50
(c) 755.75
(d) 758.75
(e) 777.25
 
Q10. Pari invested an amount of Rs. 35000 for 2 yr at the rate of 5% p.a. What amount of compound interest would she receive at the end of 2 yr?  
(a) Rs. 3587.50
(b) Rs. 3500
(c) Rs. 3580.50
(d) Rs. 3565.50
(e) None of these 

Q11. What would be the compound interest accrued on an amount of Rs. 7400 @ 13.5% p.a. at the end of 2 yr? (rounded off to two digits decimal)   
(a) Rs. 2136.87
(b) Rs. 2306.81
(c) Rs. 2032.18
(d) Rs. 2132.86
(e) None of the above 

Q12. The compound interest (in rupees) on Rs. 5600 for one and half year at 10% p.a. compounded annually, is  
(a) 882.70
(b) 873.50
(c) 868
(d) 840
(e) None of these 
Q13. What would be the compound interest obtained on an amount of Rs. 20000 at the rate of 15% p.a. after 4 yr?  
(a) Rs. 15980.125
(b) Rs. 19680.125
(c) Rs. 16780.125
(d) Rs. 17780.125
(e) None of the above 
Q14. The simple interest accrued on a sum of certain principal is Rs. 7200 in 6 yr at the rate of 12% p.a. What would be the compound interest accrued on that principal at the rate of 5% p.a. in 2 yr?  
(a) Rs. 1020
(b) Rs. 1055
(c) Rs. 1050
(d) Rs. 1025
(e) None of these 

Q15. A man gets a simple interest of Rs. 1000 on a certain principal at the rate of 5% p.a. in 4 yr. What compound interest will the man get on twice the principal in 2 yr at the same rate?  
(a) Rs. 1050
(b) Rs. 1005
(c) Rs. 11025
(d) Rs. 10125 
(e) None of these 

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