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Aptitude MCQs On compound interest (Week 1) - 06.01.2022

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Question 1

A certain sum is lent at 6% p.a. for 4 years, 9% p.a. for the next 5 years, and 13% p.a. beyond 9 years. If for a period of 14 years, the simple interest obtained is 87100, then the sum is.

Question 2

A sum of ₹7000 is deposited at compound interest becomes triple after 4 years. How much will it be after 12 years?

Question 3

The compound interest on a certain principal at the rate of 12.5% per annum compounded annually is Rs.607.5 in third year. Then find the principal

Question 4

The compound interest and simple interest on a certain sum of money for 2 years at same rate of interest are Rs. 208 and Rs. 200. What was the rate %?

Question 5

The compound interest on a sum of 25,000 at 16% p.a. for  years, interest compounded yearly, is:
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Jan 6MPSC