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objective Ques (31 results)
1)

A sum of Rs.18000 is lent at 10% p.a. compound interest, compounded annually. What is the difference between the compound interest for 3rd year and 4th year ?

SSC CGL 2019
A)

Rs. 220.60

B)

Rs. 217.80

C)

Rs. 221.80

D)

Rs. 215.40

2)

A sum of Rs. 8,400 amounts to Rs. 11,046 at 8.75% per annum simple interest in certain time. What is the simple interest on the sum of Rs. 9,600 at the same rate for the same time ?

SSC CGL 2019
A)

Rs. 2,990

B)

Rs. 3,012

C)

Rs. 2,686

D)

Rs. 3,024

3)

What will be the compound interest on a sum of ₹31,250 for 2 years at 12% p.a., if the interest is compounded 8-monthly?

SSC CGL 2019
A)

Rs. 8,106

B)

Rs. 8,116

C)

Rs. 8,016

D)

Rs. 8,156

4)

A sum of ₹5,000 is divided into two parts such that the simple interest on the first part for \(4\frac{1}{5} \)years at \(6\frac{2} {3}\% p.a \). is double the simple interest on the second part for \( 2\frac{3}{4} \)  years at 4% p.a. What is the difference between the two parts?

SSC CGL 2019
A)

Rs. 680

B)

Rs. 600

C)

Rs. 560

D)

Rs. 620

5)

A person invested one-fourth of the sum of ₹25,000 at a certain rate of simple interest and the rest at 4% p.a. higher rate. If the total interest received for 2 years is ₹4,125, whatis the rate at which the second sum was invested?

SSC CGL 2019
A)

9.5%

B)

9.25%

C)

5.25%

D)

7.5%

6)

A certain loan was returned in two equal half yearly instalments each of ₹6,760. If the rate of interest was 8% p.a., compounded yearly, how much was the interest paid on the loan?

SSC CGL 2019
A)

₹ 750

B)

 ₹ 810

C)

₹ 790

D)

₹ 770

7)

A certain sum amounts to ₹4,205.55 at 15% per annum in \(2\frac{2}{5}\) years, interest is compounded yearly. The sum is:

SSC CGL 2019
A)

₹ 3,200

B)

₹ 3,500

C)

₹ 2,700

D)

₹ 3,000

8)

A sum of ₹10,500 amounts to ₹13,825 in \(3\frac{4}{5}\) years at a certain rate per cent per annum simple interest. What will be the simple interest on the same sum for 5 years at double the earlier rate?

SSC CGL 2019
A)

₹ 8,470

B)

₹ 8,750

C)

₹ 8,670

D)

₹ 8,560

9)

A sum lent out at simple interest amounts to ₹6076 in 1 year and ₹7504 in 4 years. The sum and the rate of interest p.a. are respectively:

SSC CGL 2019
A)

₹5,600 and 9%

B)

₹5,600 and 8.5%

C)

₹5,400 and 9%

D)

₹5,400 and 10%

10)

What is the compound interest on a sum of ₹7200 for \(2{2\over5}\) years at 20% p.a., interest compounded yearly (nearest to an integer)?

SSC CGL 2019
A)

₹ 4,290

B)

₹ 3,960

C)

₹ 4,205

D)

₹ 3,997

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