Scribd Logo
Upload

Welcome to Scribd!

  • 5 views

    11 SI and CI

    Uploaded by

    ATIF ABDUL RAHEEM

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    11 SI and CI

    Uploaded by

    ATIF ABDUL RAHEEM
    5 views24 pages

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    5 views24 pages

    11 SI and CI

    Uploaded by

    ATIF ABDUL RAHEEM

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    You are on page 1of 24

    Quantitative Ability

    SI and CI
    Concept:
    Q. A man took a loan from a bank at the rate of 12% per annum, the simple interest after 3
    years is Rs.5400. Find the amount borrowed by him?
    a) 15000 b) 10000 c)13000 d) 12000
    Q. Sahil deposited Rs. 7500 in a bank at a simple quarterly interest of 8% P.a. How much will
    the amount yield him in two and a half years?
    A. Rs. 9000
    B. Rs. 9050
    C. Rs. 9300
    D. Rs. 9350
    Q. A man lent Rs 600 for 2 years and Rs 200 for 3 years at the rate of S.I and received Rs90
    as interest. What was the rate of interest per annum(if it is same)
    a) 5% b)4% c)3% d) 10%
    Q. Ravi took a loan of Rs. 1200 with simple interest for as many years as the rate of interest.
    If he paid Rs. 432 as interest at the end of the loan period, what was the rate of interest?
    A. 3.6
    B. 4
    C. 18
    D. 6
    Q. An amount of Rs 2400 is due after 6 years under S.I at 10% per annum, Find its present
    value?
    a) 1500 b) 2000 c) 3000 d) 4000
    Q. The S.I on certain sum is 9/16th of the sum , find the rate of interest and time if both are
    same?
    a) 8.5 b) 7.5 c) 7 d) 8
    Q. If sum of money doubles itself in 5 years in how many years does it become 8times of
    principal under S.I ?
    a) 30 years b) 35 years c) 20 years d) 15 years
    Q. The simple interest on a sum of money in 5 years at 12 % per annum is Rs. 400 less than
    the simple interest accrued on the same sum in 7 years at 10 % per annum. Find the sum.
    Rs. 4000
    Rs. 4500
    Rs. 3000
    Rs. 3500
    Q. A sum of Rs. 1000 was lent to two people, one at the rate of 5 % and other at the rate of
    8 %. If the simple interest after one year is Rs. 62, find the sum lent at each rate.
    Rs. 450
    Rs. 550
    Rs. 400
    Rs. 420
    Compound interest:
    Q. Find the C.I on rs 2400 at 10% per annum for 2years?
    a) 504 b) 500 c) 480 d) 550
    Q. The principal of Rs 30,000 at 7% per annum is borrowed under C.I , The interest paid is Rs
    4347 , find the no.of years it took?
    a) 2 years b) 4 years c) 5 years d) 1 year
    Q. If Rs. 5000 amounts to Rs. 5832 in two years compounded annually, find the rate of
    interest per annum.
    A. 6%
    B. 8%
    C. 10%
    D. 12%
    Q. At what rate of percentage compounded yearly will Rs 80,000 Amount to 88,200 in
    2years?
    a) 8% b) 5% c) 6% d) 7%
    Q. Sandeep borrows Rs 65,000 at 10% per annum simple interest for 3 years and lends it at
    10% per annum compound interest for 3 years. Find his gain after three years.
    A. Rs. 2015
    B. Rs. 1330
    C. Rs. 1300
    D. Rs. 2105
    Q. If the S.I on a certain sum of money for 2years at 5% per annum is Rs50. What is the
    compound interest for same amount at same rate of interest and for same time?
    Q. The S.I and C.I on a certain sum of amount for 2 years is Rs 160 and Rs 170 respectively,
    find rate of interest ?
    a) 12% b) 12.5% c) 13% d) 14%
    Q. On a certain sum of money C.I for 2 years is Rs 282.15 and S.I is Rs 270, Find the principal
    and rate of interest per annum?
    a) 9% , 1500 b) 10%,2000 c) 9%, 1400 d) 10%,1500
    Q. Given the difference between S.I and C.I for 2 years on same sum and same rate of
    interest is Rs120 and 3 years is Rs 366, Find the rate of interest ?
    a) 5% b) 10% c) 12% d)13%
    Q. The C.I for 3rd year and 4th year on a certain sum of amount is 576 and 691.2.Find the
    sum ?
    a) 2000 b) 2500 c) 3000 d) 3500
    THANK YOU

    You might also like