Deloitte Simple and Compound Interest Questions and Answers Quiz-1

Question 1

Time: 00:00:00
Rs.8000 become Rs.9261 in a certain interval of time at the rate of 5% per annum of C.I. Find the time?

4 years

4 years

3 years

3 years

2 years

2 years

5 years

5 years

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Question 2

Time: 00:00:00
A sum of money place at compound interest doubles itself in 4 years. In how many years will it amount to eight times itself?

9 years

9 years

8 years

8 years

27 years

27 years

12 years

12 years

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Question 3

Time: 00:00:00
A property decreases in value every year at the rate of 6 1/4% of its value at the beginning of the year its value at the end of 3 years was Rs.21093. Find its value at the beginning of the first year?

16

16

8

8

12

12

20

20

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Question 4

Time: 00:00:00
A certain sum of money amounts to Rs.1300 in 2 years and to Rs. 1525 in 3.5 years. Find the sum and the rate of interest.

15 %

15 %

12 %

12 %

10 %

10 %

14 %

14 %

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Question 5

Time: 00:00:00
The ratio of the amount for two years under compound interest annually and for one year under simple interest is 6:5. When the rate of interest is same, then the value of rate of interest is:

20%

20%

15%

15%

18%

18%

22%

22%

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Question 6

Time: 00:00:00
If the simple interest on a certain sum of money is 4/25 of the sum and the rate percent equals the number years, then the rate of interest per annum is:

10%

10%

6 %

6 %

5 %

5 %

4 %

4 %

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Question 7

Time: 00:00:00
Find the compound interest on Rs. 20,000 in 2 years at 4 % per annum, the interest being compounded half-yearly.

Rs 1648.64

Rs 1648.64

Rs 1638.64

Rs 1638.64

Rs 1658.64

Rs 1658.64

Rs 1618.64

Rs 1618.64

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Question 8

Time: 00:00:00
A certain sum amounts to Rs. 7000 in 2 years and to Rs. 8000 in 3 years. Find the sum.

Rs 5359.375

Rs 5359.375

Rs 5349.375

Rs 5349.375

Rs 5369.375

Rs 5369.375

Rs 5379.375

Rs 5379.375

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Question 9

Time: 00:00:00
Rs.5887 is divided between Shyam and Ram, such that Shyam's share at the end of 9 years is equal to Ram's share at the end of 11 years, compounded annually at the rate of 5%. Find the share of Shyam

Rs 1087

Rs 1087

Rs 2087

Rs 2087

Rs 3087

Rs 3087

Rs 4087

Rs 4087

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Question 10

Time: 00:00:00
Vijay invested Rs.50,000 partly at 10% and partly at 15%. His total income after a year was Rs.7000. How much did he invest at the rate of 10%?

Rs 10000 at 10% and Rs 40000 at 15%

Rs 10000 at 10% and Rs 40000 at 15%

Rs 10000 at 20% and Rs 40000 at 15%

Rs 10000 at 20% and Rs 40000 at 15%

Rs 10000 at 10% and Rs 40000 at 15%

Rs 10000 at 10% and Rs 40000 at 15%

None of these

None of these

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