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Quant Quiz for SBI CLERK, NABARD

Quant Quiz for SBI CLERK, NABARD |_2.1

1.Ramu invested an amount that is 10% of Rs. 10000 at simple interest. After 3yr, the amount becomes Rs. 2500. Find out the 6 times of actual interest rate. 
(a) 500%
(b) 700%
(c) 200%
(d) 100%
(e) None of the above

2.Neelam borrowed some money at the rate of 3% p.a. for the first 6 yr, at the rate of 5% p.a. for the next 9 yr and at the rate of 13% p.a. for the period beyond 15 yr. If she pays a total interest of Rs. 9180 at the end of 18 yr, how much money did she borrow?
(a) Rs. 15000
(b) Rs. 12000
(c)  Rs. 7000
(d) Rs. 8000
(e) None of the above

3.Mr. Pradeep invests an amount of Rs. 24000 at the rate of 4% per annum for 6 yr to obtain a simple interest, later he invests the principal amount as well as the amount obtained as simple interest for another 5 yr at the same rate of interest. What amount of simple interest will be obtained at the end of the last 5 yr?
(a) Rs. 4852
(b) Rs. 4932
(c) Rs. 5952
(d) Rs. 5702
(e) None of the above

4. Rajesh invested certain sum in three different schemes A, B and C with the rates of interest 10% per annum, 12% per annum and 15% per annum, respectively. If the total interest accrued in 1 yr was Rs. 6400 and the amount invested in scheme C was 150% of the amount invested in scheme B, what was the amount invested in scheme B?
(a) Rs. 8000
(b) Rs. 9000
(c) Rs. 10000
(d) Rs. 12500
(e) Rs. 13000

5. The rates of simple interest in two banks Canara bank and Dena bank are in the ratio of 5 : 4 resp. Ragini wants to deposit her total savings in two banks in such a way that she receive equal half-yearly interest from both. She should deposit the savings in both banks in the ratio of 
(a) 4 : 5
(b) 1 : 5
(c)  5 : 9
(d) 2 : 9
(e) 4 : 7

6. Varsha invested an amount of Rs. 8000 in a fixed deposit scheme for 2 yr at the rate of 5% p.a. compound interest. How much amount will Varsha get on maturity of the fixed deposit?
(a) Rs. 8000
(b) Rs. 8250
(c)  Rs. 8580
(d) Rs. 8820
(e) Rs. 8940

7. What amount will be received on a sum of Rs. 1750 in 2½ yr, if the interest is compounded at the rate of 8% pa?
(a) Rs. 2115
(b) Rs. 2123
(c) Rs. 2150
(d) Rs. 2224
(e) Rs. 2319

8. The population of a town is 10 crore and it is the possibility that the population will become 13.31 crore in 3 yr. What will be the annual rate per cent on this growth?
(a) 8%
(b) 12%
(c) 10%
(d) 15%
(e) 18%

9. What is the difference between the compound interest and simple interest, calculated on an amount of Rs. 16000 at the end of 3 yr at 25% pa?
(a) Rs. 3210
(b) Rs. 3300
(c) Rs. 3450
(d) Rs. 3250
(e) None of the above

10. If the difference between the compound interest and the simple interest on a certain sum for 2 yr at 8% per annum is Rs. 64, then the sum is 
(a) Rs. 4000
(b) Rs. 5900
(c) Rs. 6600
(d) Rs. 8500
(e) Rs. 10000

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