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Puzzle Test IBPS PO Mock Test 5

11 months ago 281 Views
Q :  

Sanjay invested Rs. 48000 in two different parts one at 10% CI (Compounded half yearly) and another one at 15% SI. At the end of the year he received total interest Rs. 5490, then find the amount invested in SI?

(A) 18000

(B) 12000

(C) 22000

(D) 25000

(E) None of these

Correct Answer : B

Q :  

At what rate will a sum of Rs. 1000 amounts to Rs.1102.50 in 2 years at compound interest?

(A) 6.5%

(B) 6 %

(C) 5%

(D) 5.5%

(E) None of these

Correct Answer : C

Q :  

Sanjana invested Rs. 15000 in SI at the rate of 2x% per annum for two years and the same amount is invested in CI at the same rate of interest if she received Rs.150 more interest than S.I, then find the rate of interest per annum?

(A) 10 %

(B) 14 %

(C) 12 %

(D) 16 %

(E) None of these

Correct Answer : A

Q :  

Rs. 10,000 is being compounded at 20% per annum. Calculate the amount after 2 years if the rate of interest is charged half yearly.

(A) 14600

(B) 12500

(C) 14642

(D) 14641

Correct Answer : D

Q :  

The compound interest on Rs. 1000 at 10% per annum for 3 years in (Rs.) is

(A) Rs. 1331

(B) Rs. 331

(C) Rs. 300

(D) Rs. 1300

Correct Answer : B

Q :  

The simple and compound interest that can be earned in two years at the same rate is Rs 1500 and Rs 1575 respectively. What is the rate (% per annum) of interest?

(A) 12.5%

(B) 20%

(C) 10%

(D) 5%

Correct Answer : C

Q :  

A person lent certain sum of money at 5% per annum simple interest and in 15 years the interest amounted to Rs 250 less than the sum lent. What was the sum lent (in Rs)?

(A) 1500

(B) 1000

(C) 3000

(D) 2000

Correct Answer : B

Q :  

A sum of Rs. 6400 amounts to Rs. 6724 at 10% p.a. compounded quarterly. Find the time period.

(A) 2 years

(B) 3 years

(C) 3/4 year

(D) 1/2 year

Correct Answer : D

Q :  

A certain sum increases by 50 % in 5 years. Three sums x, y and z are lent for 10, 15 and 20 years respectively. If amount on each sum is equal, then find the ratio of x, y and z. 

(A) 6 : 5 : 4

(B) 9 : 4 : 6

(C) 9 : 6 : 5

(D) 9 : 6 : 4

Correct Answer : D

Q :  

Find the  principal amount, the difference of which compound interest and simple interest for a period of 3 years at the rate of 10% per annum will be Rs 31-

(A) 1500

(B) 1100

(C) 1000

(D) 1200

Correct Answer : C

Q :  

The difference between simple interest and compound interest on Rs. 1200 for one year at the rate of 10 percent half-yearly is-

(A) 3

(B) 8.80

(C) 0

(D) 13.20

Correct Answer : A

Q :  

An amount of Rs.10000 becomes Rs.14641 in 2 years, if the interest is compounded half yearly. What is the rate of compound interest?

(A) 25%

(B) 21%

(C) 23%

(D) 24.5%

(E) 26.2%

Correct Answer : B

Q :  

What would be the compound interest accrued on an amount of Rs.7850 at the rate of 14% per annum in two years?

(A) Rs.2351.86

(B) Rs.2880.37

(C) Rs.2518.22

(D) Rs.2290.23

(E) None of these

Correct Answer : A

Q :  

Rashid borrowed Rs.15000 at the rate of 10% p.a. rate of compound interest, compound annually. He repaid a certain amount at the end of the first. Then he paid Rs. 12100 at the end of the 2nd year to completely discharge the loan. What amount did he repay at the end of 1st year?

(A) 4500

(B) 5500

(C) 6500

(D) 5800

(E) None of these

Correct Answer : B

Q :  

Raman invested P for 2 years in scheme A which offered 20% p.a. compound interest (compounded annually). He lent the interest earned from scheme A to Shubh, at the rate of 7.5% p.a. simple interest. If at the end of 2 years, Shubh gave Rs.3,036/- to Raman and thereby repaid the whole amount (actual loan + interest), what is the value of P 

(A) Rs. 6,000/-

(B) Rs. 5,800/-

(C) Rs. 6,800/-

(D) Rs. 5,400/-

(E) Rs. 6,400/-

Correct Answer : A

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