"Did you Know? In this pack you will get All new content we launch in the next 1 months"
This is the most recommended and NRA-CET ready Pack!
Use Code 'DREAM' to avail at the best price today
This package Includes IBPS PO Study Material - Subscribe Now
About Bank Mahapack
If you are preparing for more than 1 Banking & Insurance exams then this is the pack we recommend you buy.
It is most cost-effective and you get access to 100% digital content for Bank & Insurance exams on Adda247.
Banking & Insurance Exams Covered in this Pack
Additionally, you can crack any private bank job exam with content in this pack.
Bank & Insurance Mahapack Highlights
- Structured course content
- Recorded classes available if you miss any live class
- Previous Years’ Papers of all upcoming exams.
- Full Length Mocks based on the latest pattern with detailed solutions (video solutions for certain topics)
- Topic level knowledge tests
- Strategy sessions, time management & Preparation tips from the experts
Validity: 1 Month
- Unlimited Live Classes & Recorded Video Courses
- Unlimited Tests and eBooks
- 1 Lakh+ Selections
- 15 Months
- 27 Months
- 9 Months
- 3 Months
- 1 Month
(a) Rs. 436.05
(b) Rs. 463.05
(c) Rs. 563.05
(d) Rs. 363.05
(e) Rs. 263.05
Q2. A sum of money invested at compound interest amount to Rs. 2400 in 3 years and in 4 years to Rs. 2,520. The interest rate per annum is:
Q3. What does Rs. 250 amounts to in 2 years with compound interest at the rate of 4% in the 1st year and 8% in the second year?
(a) Rs. 280
(b) Rs. 280.80
(c) Rs. 468
(d) Rs. 290.80
(e) Rs. 270.50
Q4. A sum at R% compound interest doubles in 3 years. In 9 years it will be k times of the original principal. What is the value of k?
Q5. The difference between compound interest and simple interest at the same rate for Rs. 5000 for 2 years is Rs. 72. The rate of interest per annum is:
Q6. The compound interest on a sum of money for 2 years is Rs. 832 and the simple interest on the same sum for the same period is Rs. 800. The difference between the compound interest and the simple interest for 3 years will be:
(a) Rs. 48
(b) Rs. 66.56
(c) Rs. 98.56
(d) Rs. 106.56
(e) Rs. 96
Q7. A man borrows Rs. 12,500 at 20% compound interest. At the end of every year he pays Rs. 2000 as part of repayment. How much does he still owe after three such instalments?
(a) Rs, 12,000
(b) Rs, 12864
(c) Rs, 15,600
(d) Rs. 14320
(e) Rs. 12320
Q8. At what percent pr annum will Rs. 3000 amounts to Rs. 3993 in 3 years, if the interest in compounded annually?
Q9. A person took a loan of Rs. 6000 for 3 years, at 5% per annum compound interest. He repaid Rs. 2100 in each of the first 2 years. The amount he should pay at the end of 3rd to clear all his debts is:
(a) Rs. 2425.50
(b) Rs. 2552.50
(c) Rs. 2635.50
(d) Rs. 2745.50
(e) None of these
Q10. A sum of money becomes Rs. 4500 after two years and Rs. 6750 after 4 years on compound interest. The sum is:
(a) Rs. 4000
(b) Rs. 2500
(c) Rs. 3000
(d) Rs. 3050
(e) Rs. 3500
Q11. A certain amount of money at R%, compounded annually becomes Rs. 1440 and Rs. 1728 respectively after two and three years, find value of R:
Q12. The population of a city increases at the rate of 5%. p.a. If the present population of the city is 185220, then what was its population 3 years ago?
Q13. On a certain sum of money, the compound interest for 2 years is Rs. 282.15 and the simple interest for the same period of time is Rs. 270. The rate of interest per annum is
Q14. The effective annual rate of interest, corresponding to a nominal rate of 6% per annum payable half yearly, is:
Q15. The compound interest on a sum of money at 5% per annum for 3 years is Rs. 2522. What would be the simple interest on this sum at the same rate and for the same period?
(a) Rs. 2500
(b) Rs. 2400
(c) Rs. 2450
(d) Rs. 2350
(e) Rs. 2640