SBI Clerk Mains Quant Daily Mock: 9th July 2020

The Quantitative Aptitude Section is one of the scoring sections of the bank examination. The Quantitative Aptitude is definitely be helping you if practicing it with Sincerity. 9th July 2020 SBI Clerk Mains Quiz Based on- SI & CI, Time & Work and Approximation. Stay with Bankers Adda for the latest Quizzes, Study notes, Test series, and other helpful study material.

Q1. Ravi borrowed some money at the rate of 4 p.c.p.a for the first three years, at the rate of 8 p.c.p.a for the next two years and at the rate of 9 p.c.p.a for the period beyond 5 years. If he pays a total simple interest of Rs 19550 at the end of 7 years, how much money did he borrow?

(a) Rs 39500

(b) Rs 42500

(d) Rs 43000

(e) Rs 45500

Q2. Mr. X invested an amount for 2 years at 15 percent per annum at simple interest. Had the interest been compounded annually, he would have earned Rs. 450 more as interest. What was the amount invested?

(a) Rs. 22,000

(b) Rs. 24,000

(d) Rs. 25500

(e) Rs. 20000

Q3. Two equal sums of money were invested-one at 4 ½ % p.a. and the other at 4% p.a . At the end of 7 years, the simple interest received from the former was exceeded to that received from the latter by Rs 31.50. Each sum was

(a) Rs 100

(b) Rs 500

(d) Rs 900

(e) Rs 950

Q4. A sum of Rs 18,750 is left in will by a father to be divided between two sons, whose present age is 12 and 14 years respectively, such that when they attain maturity at 18, the amount (Principal + interest) received by each at 5% S.I. will be the same. Find the sum allotted at present to each son.

(a) Rs 9500, Rs 9250

(b) Rs 8000, Rs 1750

(d) Rs 8500, Rs 10250

(e) None of these

Q5. The difference between CI and SI on a certain sum of money at 10% per annum for 3 years is Rs 620. Find the principal if it is known that the interest is compounded annually.

(a) Rs 2,00,000

(b) Rs 20,000

(d) Rs 1,00, 000

(e) Rs 2,000

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