Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 4000 for 2 years at 10% per annum. The sum placed on simple interest is:

Byadmin July 18, 2022

Question:
Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 4000 for 2 years at 10% per annum. The sum placed on simple interest is:

[A].

Rs. 1550

[B].

Rs. 1650

[C].

Rs. 1750

[D].

Rs. 2000

Answer: Option C

Explanation:

C.I.

= Rs.		4000 x		1 +	10		2	– 4000
					100

= Rs.		4000 x	11	x	11	– 4000
			10		10

= Rs. 840.

Sum = Rs.		420 x 100		= Rs. 1750.
		3 x 8

Aptitude | Odd Man Out And Series

1, 1, 2, 6, 24, 96, 720

Question:
1, 1, 2, 6, 24, 96, 720

[A].

720
[B].
96
[C].
24
[D].
6

Answer: Option B

Explanation:

Go on multiplying with 1, 2, 3, 4, 5, 6 to get next number.

So, 96 is wrong.

Read More 1, 1, 2, 6, 24, 96, 720
Compound Interest | Mathematics Mcqs

Simple interest on a sum at 4% per annum for 2 years is Rs.80. The C.I. on the same sum for the same period is_______?

Simple interest on a sum at 4% per annum for 2 years is Rs.80. The C.I. on the same sum for the same period is_______?

A. Rs.81.60
B. Rs.160
C. Rs.1081.60
D. Rs.99
Explanation:
SI = 40 + 40
CI = 40 + 40 + 1.6 = 81.6

Read More Simple interest on a sum at 4% per annum for 2 years is Rs.80. The C.I. on the same sum for the same period is_______?
Aptitude | Compound Interest

The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half-yearly is:

Question:
The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half-yearly is:

[A].

6.06%
[B].
6.07%
[C].
6.08%
[D].
6.09%

Answer: Option D

Explanation:

Amount of Rs. 100 for 1 year
when compounded half-yearly = Rs. 100 x 1 + 3 2 = Rs. 106.09

100

Effective rate = (106.09 – 100)% = 6.09%

Read More The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half-yearly is:
Aptitude | Ratio and Proportion

A sum of money is to be distributed among A, B, C, D in the proportion of 5 : 2 : 4 : 3. If C gets Rs. 1000 more than D, what is B’s share?

Question:
A sum of money is to be distributed among A, B, C, D in the proportion of 5 : 2 : 4 : 3. If C gets Rs. 1000 more than D, what is B’s share?

[A].

Rs. 500
[B].
Rs. 1500
[C].
Rs. 2000
[D].
None of these

Answer: Option C

Explanation:

Let the shares of A, B, C and D be Rs. 5x, Rs. 2x, Rs. 4x and Rs. 3x respectively.

Then, 4x – 3x = 1000

x = 1000.

B’s share = Rs. 2x = Rs. (2 x 1000) = Rs. 2000.

Read More A sum of money is to be distributed among A, B, C, D in the proportion of 5 : 2 : 4 : 3. If C gets Rs. 1000 more than D, what is B’s share?
Aptitude | Odd Man Out And Series

4, -8, 16, -32, 64, (….)

Question:
4, -8, 16, -32, 64, (….)

[A].

128
[B].
-128
[C].
192
[D].
-192

Answer: Option B

Explanation:

Each number is the proceeding number multiplied by -2.

So, the required number is -128.

Read More 4, -8, 16, -32, 64, (….)
Aptitude | Area

The diagonal of the floor of a rectangular closet is 7 feet. The shorter side of the closet is 4 feet. What is the area of the closet in square feet?

Question:
The diagonal of the floor of a rectangular closet is 7 feet. The shorter side of the closet is 4 feet. What is the area of the closet in square feet?

[A].

5 1

4

[B].

13 1

2

[C].
27
[D].
37

Answer: Option C

Explanation:

Other side =

15 2 – 9 2

2 2

ft

=

225 – 81

4 4

ft

=

144

4

ft

= 6 ft.

Area of closet = (6 x 4.5) sq. ft = 27 sq. ft.

Read More The diagonal of the floor of a rectangular closet is 7 feet. The shorter side of the closet is 4 feet. What is the area of the closet in square feet?

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