Quantitative Aptitude Quiz For Bank Mains Exam 2024-13th March 2024

Directions (1-5): The following line graph shows the amount (in thousand) invested by four people in a scheme which offers SI at different rate of interest (ROI) for different time periods. Table given below shows the ratio of value of time (in years) and rate of interest for given four people. Read the following questions and answer it

Q2. The interest received by A and C is Rs. 10,800 and Rs. 5400 respectively at the end of their term. Find the difference of their respective rate of interest?
(a) 1%
(b) 2%
(c) 3%
(d) 4%
(e) 5%

Q3. Find the total interest received by C and D together at the end of their respective terms if the sum of their respective period of investment is 8½ yrs and difference of their respective rate of interest is 2% p.a.
(a) Rs. 11,600
(b) Rs. 11,400
(c) Rs. 12,400
(d) Rs. 12,600
(e) Rs. 12,000

Q4. If person P invests an amount equal to the average of the amounts invested by all the given four persons at CI at 12 ½% per annum for 2 years then find the CI received (approximate).
(a) Rs. 3,652
(b) Rs. 3,722
(c) Rs. 3,582
(d) Rs. 3,552
(e) Rs. 3,682

Q5. Four times of the interest received by B is Rs. 17550 more than the interest received by D. The sum of period of investment of D and two times of that of B is 13 years. Find the sum of SI received by both D and B together?
(a) Rs. 18,250
(b) Rs. 18,450
(c) Rs. 18,750
(d) Rs. 19,050
(e) Rs. 19,550

Solutions