Quantitative Aptitude Quiz For IBPS PO/Clerk Prelims
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Q1. A borrows Rs. 800 at the rate of 12% per annum at simple interest and B borrows Rs. 910 at the rate of 10% per annum at simple interest. In how many years will their amounts be equal?
Q2. A person deposited Rs. 400 for 2 years, Rs. 550 for 4 years and Rs. 1200 for 6 years. He received the total simple interest of Rs. 1020. The rate of interest per annum is (rate of interest in each case is same)
Q3. A certain sum of money becomes three times of itself in 20 years at simple interest. In how many years does it become double of itself at the same rate of simple interest?
Q4. The simple interest on a certain sum for 8 months at 4% per annum is Rs. 129 less than the simple interest on the same sum for 15 months at 5% per annum. The sum is:
Q5. Mohan lent some amount of money at 9% simple interest and an equal amount of money at 10% simple interest each for two years. If his total interest was Rs. 760, what amount was lent in each case?
Q6. Abhay gave Rs 1200 on loan. Some amount he gave at 4% per annum on simple interest and remaining at 5% per annum on simple interest. After 2 years he got Rs 110 as interest. Then the amounts given at 4% and 5% per annum simple interest are respectively.
Q7. A Money double itself in 8 years in how many years it will be 5 times?
Q8. A lent Rs. 5000 to B for 2 years and Rs. 3000 to C for 4 years on simple interest at the same rate of interest and received Rs. 2200 in all from both as interest. The rate of interest per annum is
Q9. Gopal lent Rs. 5000 into two parts to two men, one at 4% and another at 5%. After 1 years he gains the interest at 4.2% per annum on the total money. Find the money lent on 4%.
Q10. What is the difference between the compound interest and simple interest calculated on an amount of Rs 16200 at the end of 3 years of 25% pa? (Rounded off to two digits after decimal)
Q11. A money-lender borrows some money at 4% per annum at simple interest and he lends it at 6% per annum half yearly compound interest and receives the interest at the end of the year. In this way, he gains Rs. 104.50 after a year. The amount of money he borrows, is:
Q12. The interest earned when Rs ‘P’ is invested for four years in a scheme offering 9% p.a. simple interest is more by Rs 360 than the interest earned when the same sum (Rs P) is invested for two years in another scheme offering 12% p.a. simple interest. What is the value of P?
Q13. A man gets a simple interest of Rs 1000 on a certain principal at the rate of 5 p.c.p.a in 4 years. What compound interest will the man get on twice the principal in two years at the same rate?
Q14. Veena obtained Rs. 8376 as simple interest on a certain amount 8% per annum after 6 yr. What is the amount invested by Veena?
Q15. A sum of money lent out at certain rate of simple interest amounts to Rs. 720 after 2 years and to Rs. 1020 after a further period of 5 years at the same rate of simple intrest. The sum is: