simple-and-compound-interest

Simple and Compound Interest

Simple and Compound Interest: Difference between simple and compound interest, Simple Interest Formula and Compound Interest Formula, Simple Interest Questions

assess-yourself
Take Aptitude Test
view-results
View Aptitude Test Results

Online Aptitude Questions with Answers on Simple and Compound Interest

Q76. **An amount of Rs. 3000 becomes Rs. 3600 in four years at simple interest. If the rate of interest was 1% more, then what was be the total amount?**

  1.  Rs. 3800
  2.  Rs. 3780
  3.  Rs. 3720
  4.  Cannot be determined

Solution : Rs. 3720
Q77. **A certain sum becomes four times itself at simple interest in eight years. In how many years does it become ten times itself?**

  1.  21
  2.  26
  3.  23
  4.  None of these

Solution : None of these
Q78. **At what rate of interest is an amount doubled in two years, when compounded annually?**

  1.  30%
  2.  41.4%
  3.  45.2%
  4.  73.2%

Solution : 41.4%
Q79. **Vijay lent out an amount Rs. 10000 into two parts, one at 8% p.a. and the remaining at 10% p.a. both on simple interest. At the end of the year he received Rs. 890 as total interest. What was the amount he lent out at 8% pa.a?**

  1.  Rs. 6000
  2.  Rs. 5500
  3.  Rs. 4500
  4.  Rs. 5000

Solution : Rs. 5500

Campus Ambassador (Remote Internship)

Are you a college student? You can become a Campus Ambassador for LearningPundits. Promote our Online Contests to students from you college via email, Facebook, posters, WhatsApp and old-fashioned face to face communication
You will receive:
  • Stipend based on your performance
  • Internship Certificate to boost your Resume


Q80. **Anil invested a sum of money at a certain rate of simple interest for a period of five years. Had he invested the sum for a period of eight years for the same rate, the total intrest earned by him would have been sixty percent more than the earlier interest amount. Find the rate of interest p.a.**

  1.  6%
  2.  9%
  3.  12.5%
  4.  Cannot be determined

Solution : Cannot be determined
Q{{($index+1)+((page-1)*LIMITPERPAGE)}}.

  1.  

Solution :

Grammar Guru

Free Online Contest on English Grammar and Vocabulary.20 mins Only.

  • All Participants get Participation Certificates to boost your Resume

Participation Now using Laptop/ Desktop/ Tab/ Mobile.



Math Whiz

Free Online Contest on Aptitude and Reasoning.20 mins Only.

  • All Participants get Participation Certificates to boost your Resume

Participation Now using Laptop/ Desktop/ Tab/ Mobile.



Campus Ambassador (Remote Internship)

Are you a college student? You can become a Campus Ambassador for LearningPundits. Promote our Online Contests to students from you college via email, Facebook, posters, WhatsApp and old-fashioned face to face communication
You will receive:
  • Stipend based on your performance
  • Internship Certificate to boost your Resume


Preparing for Aptitude Tests ? Please go through our courses on Aptitude Questions and try to answer our Online Aptitude Test Questions on Quantitative Aptitude.
Interested in evaluating your Reasoning Skills ? Please go through our courses on Logical Reasoning and Non-Verbal Reasoning to answer our Reasoning Questions.
Interested in learning English and checking your English Grammar ? Do a quick grammar check to evaluate your Basic English Grammar Skills. Improve your English Vocabulary by going through these Vocabulary words.
Wondering how to make a resume ? These resume format for freshers might be helpful. You can also submit your Resume for Review and look and Resume samples available there.
Preparing for an HR Interview or Group Discussion ? These HR interview questions and answers could help you do well in a typical HR interview. These group discussion tips could also be useful.
Searching for jobs ? We have thousand of Fresher Jobs. Feel free to browse through our extensive list of online jobs.