BANKING Content

IBPS PO Interest Questions 1

Instructions

For the following questions answer them individually

Question 1

Find the compound interest on Rs. 9375 at 8% per annum for 2 yr.

Question 2

What is the interest that has to be paid on a sum of Rs 40000 borrowed for 2 years at 5% p.a. compounded annually?

Question 3

What amount of simple interest can be obtained on an amount of Rs. 30000 at the rate of 40% for 3 years?

Question 4

A sum of 10,000 is invested in a bank that calculates compound interest semiannually at 6% pa. What will be the interest obtained in 2 years?

Question 5

A money lender exploits innocent debtors with high interest rates. He lends an amount of 30,000 to Mr. Bholu and calculates compound interest semiannually at 10% pa. What will be the interest obtained in 2.5 years?

Leaderboard
#NameOverall Score
1Arshiya5
2suman mondal5
3anubha jajoo5
4Sai Varun5
5G.Saraswathi5
6Rentapalli Pradeep5
7Vijetha Competitions5
8RISHABH DIXIT5
9MARIS S5
10AMAN .5

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