BANKING Content

RBI Grade B Quant Test 70

Instructions

For the following questions answer them individually

Q 1

The compound interest on Rs.10240 at 6 1/4% per annum for 2 yr 73 days is

Q 2

The price of washing machine increases by 20% every year. If it's price is Rs 2000 today, how much will it approximately be in 5 years?

Q 3

What will be simple interest on an amount of Rs. 1200 with 20% annual rate for 3 years?

Q 4

What is the compound interest accrued on an amount of Rs 8,500 in two years @ interest 10p.c.p.a ?

Q 5

Simple interest accrued on an amount in 8 years @ 12 p.c.p.a is Rs 5,520. What is the principal amount ?

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