## Profit and Loss for IBPS Clerk 1

Instructions

For the following questions answer them individually

Question 1

A sum of Rs16800 is divided into two parts. One part is lent at the simple interest of 6% per annum and the other at 8% per annum. After 2 years total sum received is Rs19000. The sum lent at 6% of simple interest is

Question 2

Mr. Mukeshâ€™s monthly Income is 35000. In an entire year, he spends 30% on groceries, 10% on servants, 15% on repairs and half of the remaining amount in fixed deposits. What is the amount invested by him in deposits every month.

Question 3

What would be the simple interest accrued in 4 yr on a principle of Rs 16500 at the rate of 16% per annum ?

Question 4

On a sum of Rs 10000, a simple interest of 15% is charged for a period of 4 years. Each year, the borrower pays off an equal installment so as to clear the loan in 4 years. Find the amount paid every year.

Question 5

The least number of complete years in which a sum of money put out at 20% compound interest will be more than doubled is