The Quantitative Aptitude being the scoring part can enhance your performance as a whole. All you need to do is clear your basics and be aware of the syllabus of the particular exam you are preparing for. Start your preparation and crack the IBPS RRB Prelims 2020 with the study plan and daily quantitative aptitude quizzes provide on bankersadda and adda247 app. 21st July 2020 IBPS RRB Prelims Quiz Based on- Simple Interest & Compound Interest and Missing Series.
Q1. Find the compound interest at the rate of 10% for 3 years on that principal which in 3 years at the rate of 10% per annum gives Rs 300 as simple interest.
(a) Rs 331
(b) Rs 310
(c) Rs 330
(d) Rs 333
(e) Rs 341
Q2. Two customers borrowed the same amount of money, one at C.I. and the other at S.I. If after 2 years, the interest payable by one was Rs 220 and by the other Rs 200, then what was the principal money lent to each one of them?
(a) Rs 450
(b) Rs 500
(c) Rs 550
(d) Rs 650
(e) Rs 600
Q3. Uday has deposited certain amount in the bank to earn C.I. at 10% per annum. The difference of the interest on the amount between 3rd and 2nd years is Rs 1,100. What amount has Uday deposited?
(a) Rs 100000
(b) Rs 110000
(c) Data inadequate
(d) Rs 105000
(e) Rs 115000
Q4. Find the compound interest on Rs 80000 for 3 years if the rate of interest is 5% for the first year, 4% for the second year and 5% for the third year.
(a) Rs 17128
(b) Rs 11728
(c) Rs 11278
(d) Rs 11738
(e) Rs 17138
Q5. If the simple interest is 10.5% annual and compound interest is 10% annual, find the difference between the interests after 3 years on a sum of Rs 1000.
(a) Rs 15
(b) Rs 12
(c) Rs 16
(d) Rs 11
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