BANKING Content

SBI PO 2017 Quant Test 8

Instructions

For the following questions answer them individually

Question 1

The compound interest accured on an amount of Rs.22, 000 at the end of two years is Rs.5, 596.8. What would be the simple interest accrued on the same amount at the same rate in the same period?

Question 2

If Rs. 64 accounts to Rs. 83.20 in 2 years, what will Rs. 86 amount to in 4 years at the same rate of S.I?

Question 3

A man borrowed Rs. 5000 at 6 1/4% per annum simple interest for 6 yr. Instead of clearing the loan at the end of 6 yr, if he returns the loan with interest at the end of 4 yr, .how much does the man save?

Question 4

The value of a machine depreciates at rate of 20% per annum. If its value is Rs. 3200, what was the value of the machine 2 years ago?

Question 5

Shyam invests Rupees 1000 in a provident fund that pays compound interest at the end of 3 years
calculated annually at 12%. How much interest will he receive at the end of the term?

Leaderboard
#NameOverall Score
1Rahul15
2Anant Gaur15
3Sai Varun15
4LOHIT VARMA PENMATSA15
5Ananthakrishnan Ramanujan15
6Mohini Krishnan15
7Vikas Saini15
8Neha15
9Lakshmiharika Vishnuvajjula15
10tarun banthiya15

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