11)

Joseph deposited a total of ₹52,500 in a bank in names of his two daughters aged 15 years and 16 years in such a way that they would get equal amounts when they become 18 years old. If the bank gives 10% compound interest compounded annually, then what is the amount (in ₹) that Joseph had deposited in the name of his younger daughter?

SSC CGL 2022

A)

25,000

B)

24,500

C)

25,500

D)

26,000

12)

A sum of Rs. 17,200 is lent out at simple interest in two parts for 2 years at 8% p.a. and 10% p.a., respectively, if the total interest received after 2 years is Rs. 3,008, then the money lent (in Rs.) at the rate of 8% p.a. is:

SSC CGL 2022

A)

9,800

B)

9,200

C)

6,400

D)

10,800

13)

A sum of Rs. 18,000 becomes Rs. 21,780 after 2 years on compound interest compounded annually. What will be the compound interest (in Rs.) on the same sum for the same period if the rate of interest increases by 5%

SSC CGL 2022

A)

5,805

B)

5,500

C)

1,845

D)

4,670

14)

The compound interest on a certain sum of money at 21% p.a. for 2 years is Rs. 11,138.40 (interest compounded yearly). The total amount received (in Rs) after 2 years is:

SSC CGL 2022

A)

35,138.40

B)

24,000.50

C)

31,538.40

D)

28,315.40

15)

What is the compound interest (in Rs.) at the rate of 10%, compounded annually, for 3 years on the principal which in 8 years at the rate of 12% per annum gives Rs. 4,800 as simple interest?

SSC CGL 2022

A)

1,455

B)

1,505

C)

1,655

D)

2,045

16)

The difference between compound interest compounded annually and simple interest on a certain sum at a rate of 15% per annum for 2 years is ₹1,944. Find the compound interest compound annually (in ₹) on the same sum for the same period at a rate of 10% per annum.

SSC CGL 2022

A)

18,144

B)

18,060

C)

27,216

D)

20,500

17)

The simple interest on a sum of money at 10% per annum for 4 years is ₹3,200. What will be the amount (in ₹) of the same sum for the same period at the same rate of interest when the interest is compounded annually?

SSC CGL 2022

A)

11,127.80

B)

11,217.80

C)

11,712.80

D)

11,172.80

18)

Divide Rs. 66,300 between A and B in such a way that the amount that A receives after 8 years is equal to the amount that B receives after 10 years; with compound interest being compounded annually at a rate of 10% per annum.

SSC CGL 2022

A)

A = 35,520, B = 30,810

B)

A = Rs. 37,000, B = Rs. 29,300

C)

A = Rs. 36,300, B = Rs. 30,000

D)

A = Rs. 35,200, B = Rs. 31,100

19)

Anil lent a sum of Rs. 5,000 on simple interest for 10 years in such a way that the rate of interest is 6% per annum for the first 2 years, 8% per anmum for the next 2 years and 10% per annum beyond 4 years. How much interest (in Rs.) will he earn at the end of 10 years?

SSC CGL 2022

A)

4,200

B)

4,400

C)

3,500

D)

5,000

20)

A borrows a sum of ₹90,000 for 4 years at 5% simple interest. He lends it to B at 7% for 4 years at simple interest. What is his gain (in ₹)

SSC CGL 2022

A)

7,200

B)

7,500

C)

9,000

D)

8,000