Friday, January 26, 2018

Quant Quiz

Q1)-A sum of Rs 725 is lent in the beginning of a year at a certain rate of interest. After 8 months, a sum of Rs 362.50 more is lent but at the rate twice the former. At the end of the year, Rs 33.50 is earned as interest from both the loans. What was the original rate of interest ?
3.46 %
4.5 %
5 %
6 %


Q2)-The difference between the simple interest received from two different sources on Rs 1500 for 3 years is Rs 13.50. The difference between their rates of interest is
0.1 %
0.2 %
0.3 %
0.4 %


Q3)-Peter invested an amount of Rs 12000 at the rate of 10 p.c.p.a simple interest and another amount at the rate of 20 p.c.p.a simple interest. The total interest earned at the end of one year on the total amount invested became 14 p.c.p.a. Find the total amount invested.
Rs 20,000
Rs 22,000
Rs 24,000
Rs 25,000


Q4)-What should be the least number of years in which the simple interest on Rs 2800 at 6(2/3)% will be an exact number of rupees ?
2
3
4
5


Q5)-The rates of simple interest in two banks A and B are in the ratio 5 : 4. A person wants to deposit his total savings in two banks in such a way that he received equal half-yearly interest from both. He should deposit the savings in banks A and B in the ratio
2 : 5
4 : 5
5 : 2
5 : 4


Q6)-A sum was put at simple interest at a certain rate for 2 years. Had it been put at 3 % higher rate, it would have fetched Ra 72 more. The sum is
Rs 1200
Rs 1500
Rs 1600
Rs 1800


Q7)-If the annual rate of simple interest increases from 10 % to 12.5 %, a man's yearly income increases by Rs 1250. His principal (in rs) is
45,000
50,000
60,000
65,000


Q8)-A moneylender finds that due to a fall in the annual rate of interest from 8 % to 7(3/4) %, his yearly income diminishes by Rs 61.50. His capital is
Rs 22,400
Rs 23,800
Rs 24,600
Rs 26,000


Q9)-What annual payment will discharge a debt of Rs 6450 due in 4 years at 5 % simple interest being simple. The rate of interest is
9(1/11) %
10 %
11 %
21(9/11) %


Q10)-A person takes a loan of Rs 200 at 5 % simple interest. He returns Rs 100 at the end of 1 year. In order to clear his dues at the end of 2 years, he would pay :
Rs 105
Rs 110
Rs 115
Rs 115.50





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