BANKING Content

SBI PO 2017 Quant Test 8

Instructions

For the following questions answer them individually

Q 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?

Q 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?

Q 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?

Q 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?

Q 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
# Name Overall Score
1 Rahul 15
2 Anant Gaur 15
3 Sai Varun 15
4 LOHIT VARMA PENMATSA 15
5 Ananthakrishnan Ramanujan 15
6 Mohini Krishnan 15
7 Vikas Saini 15
8 Neha 15
9 Lakshmiharika Vishnuvajjula 15
10 tarun banthiya 15
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