Online Arithmetic aptitude Test ( Compound Interest )

A construction company borrowed Rs. 8,50,000 for 5 years at interest rate 1( 1/2)% p.a. How much annual interest, the company had to pay?

The compound interest on a certain sum of money at 5% for 2 years is Rs. 328. The simple interest on that sum at the same rate and for the same period of time will be

A certain sum of money becomes three times of itself in 20 years at simple interest. In how many years does it become double of itself at the same rate of simple interest ?

What is the present worth of Rs. 132 due in 2 years at 5% simple interest per annum?

Shyam lent Rs. 600 for 2 years and Rs. 200 for 3 years, at the same rate at simple interest, and received Rs. 90 as total interest. What was the rate % p.a. ?

The difference between simple and compound interest on a certain sum of money for 3 years at 10% p.a. is Rs. 15.50. Find the sum.

A sum of money is lent out at compound interest for 2 years at 20% per annum. It would fetch Rs. 482 more if the interest is compounded half yearly, than if it were compounded yearly, the sum of money is

Sathish invests Rs. 35,500 in a scheme which earns him simple interest at 15% p.a for 2 years. At the end of 2 years he reinvests the total amount at 20% p.a. What will be the total interest earned by Satish over the principal at the end of 5 years ?

Simple interest on a sum of money for 3 years at $6\frac{1}{4}\%$ per annum is Rs. 2,400. What will be the compound interest on that sum at rate for the same period ?

The sum of money at compound interest doubles itself in 5 years. It will amount to eight times itself at the same rate of interest in

Each of the questions given below consists of two statements numbered I and II given below it. Please read the questions carefully and decide whether the data provided in the statement(s) is / are sufficient to answer the given question.

What is the compund interest earned by James at the end of $2$ years ?

I. Simple interest at the same rate for one year is Rs. $1020$ and the rate of interest is $12$ p.c.p.a

II. The amount invested is Rs. $8500$.

Each of the questions given below consists of two statements numbered I and II given below it. Please read the questions carefully and decide whether the data provided in the statement(s) is / are sufficient to answer the given question.

What was the total compound interest on a sum after $3$ years ?

I. The interest after one year was Rs. $100$ and the sum was Rs. $1000$.
II. The difference between simple and compound interest on a sum of Rs. $1000$ at the end of $2$ years was Rs. $10$.

Each of the questions given below consists of three statements, numbered I, II and II respectively. Please read the question and the statements carefully and decide which of the statement(s) is/are necessary to answer the question.

A sum of money is placed at compound interest. In how many years will it amount to sixteen times of itself ?

I. The sum doubles itself in $4$ years.

II. The sum amounts to eight times of itself in $12$ years.

III. The sum amounts to four times of itself in $8$ years.

Each of the questions given below consists of three statements, numbered I, II and II respectively. Please read the question and the statements carefully and decide which of the statement(s) is/are necessary to answer the question.

Find out the compound interest earned on an amount of Rs. $5000$ in $2$ years?

I. The simple interest on the same amount at the same rate of interest in $5$ years is Rs. $2000$.

II. The compound interest and the simple interest earned in $1$ year is the same.

III. The amount becomed more than double on compound interest in $10$ years.

Each of the following question is followed by three statements, numbered I, II and III. Please read the question and all the three statements carefully and decide whether the question can be answered with any one or two statements or all the three statements. The answer number bearing the statements, which can be dispensed with, if any, while answering the question is your answer.

Find out the compound interest earned at the end of $3$ years?

I. $S.I.$ earned on that amount at the same rate and for the same period is Rs. $4500$.

II. The rate of interest is $10$ p.c.p.a.

III. $C.I.$ for $3$ years is more than the simple interest for that period by Rs. $465$.