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objective Ques (152 results)
91)

A man borrowed a sum of ₹30,000 at 7.5% per annum simple interest. How much money (in ₹) will he pay at the end of 5 years to clear his debt?

SSC Selection Post Matric 2022
A)

39,750

B)

41,250

C)

36,000

D)

35,225

92)

What will be the amount (in ₹) of a sum of ₹ 6,000 in \(2 {1\over4}\) years at \(13\frac{1}{3}\) % p.a. if the interest is compounded 9-monthly?

SSC Selection Post Matric 2022
A)

7,986

B)

8,429

C)

7,869

D)

7896

93)

A borrowed ₹58,000 from B at 8% per annum simple interest for 2 years.  He lent the same sum to C at 10% per annum compound interest, compounded annually for 2 years. How much did he earn (in ₹) in the transaction at the end of 2 years?

SSC Selection Post Matric 2022
A)

3,000

B)

2,800

C)

2,900

D)

2,750

94)

What is the difference between the compound interest on a sum of ₹10,000 at 12% p. a. for \(1{1\over4}\) years when the interest is compounded annually and when the interest is compounded 5-monthly? (nearest to a ₹)

SSC Selection Post Matric 2022
A)

35

B)

40

C)

36

D)

42

95)

A sum amounts to Rs. 7,562 in 4 years and to Rs. 8,469.44 in 5 years at a certain rate per cent per annum, when the interest is compounded yearly. The rate of interest is:

SSC CPO 2020
A)

12%

B)

20%

C)

8%

D)

15%

96)

If the difference between the compound interest and simple interest at 17% on a sum of money for 2 years (compounded annually) is Rs. 433.50, then the sum (in Rs.) is:

SSC CPO 2020
A)

12,000

B)

20,000

C)

15,000

D)

25,000

97)

If the annual rate of simple interest increases from 11% to \(17 \frac 1 2\% \), a person's yearly income increases by Rs. 1,071.20. The principal amount invested (in Rs.) is:

SSC CPO 2020
A)

16,480

B)

19,120

C)

17,250

D)

10,710

98)

If the annual rate of simple interest increases from 11% to 17.5%, then a person's yearly income increases by Rs. 1,071.20. The simple interest (in Rs.) on the same sum at 10% for 5 years is:

SSC CPO 2020
A)

9,120

B)

8,240

C)

16,480

D)

7,250

99)

If the difference between the compounded interest and simple interest at 17% on a sum of money for 2 years (compounded annually) is Rs. 433.50, then compound interest (in Rs.) is:

SSC CPO 2020
A)

Rs. 5,533.50

B)

Rs. 2,735.50

C)

Rs. 5,100

D)

Rs. 2,500

100)

The simple interest on a sum of money at 10% per annum for 2 years is Rs. 8,100. Compounded annually, what would be the compound interest (in Rs.) on the same sum for the same period at the same rate of interest?

SSC CPO 2020
A)

8,100

B)

8,505

C)

8,715

D)

9,000

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