{"id":8065,"date":"2017-08-28T10:30:13","date_gmt":"2017-08-28T05:00:13","guid":{"rendered":"http:\/\/race4job.com\/blog\/?p=8065"},"modified":"2017-08-28T10:30:13","modified_gmt":"2017-08-28T05:00:13","slug":"quantitative-aptitude-compound-interest-questions-answers","status":"publish","type":"post","link":"https:\/\/www.race4job.com\/blog\/quantitative-aptitude-compound-interest-questions-answers\/","title":{"rendered":"Quantitative Aptitude: Compound Interest Questions Answers"},"content":{"rendered":"<p><span style=\"color: #ff0000;\">1. Find the compound interest on Rs. 7500 at 4% per annum for 2 years, compounded annually.<\/span>\u00a0 \u00a0 \u00a0 \u00a0<span style=\"color: #0000ff;\"> \u00a0 \u00a0 \u00a0 \u00a0 (b)<\/span><br \/>\n<span style=\"color: #000000;\">(a) Rs. 610<\/span><br \/>\n<span style=\"color: #000000;\">(b) Rs. 612<\/span><br \/>\n<span style=\"color: #000000;\">(c) Rs. 614<\/span><br \/>\n<span style=\"color: #000000;\">(d) Rs. 616<\/span><\/p>\n<p><span style=\"color: #ff0000;\">2. At what rate of compound interest per annum will a sum of Rs. 1200 become Rs. 1348.32 in 2 years<\/span>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 <span style=\"color: #0000ff;\">\u00a0(d)<\/span><br \/>\n<span style=\"color: #000000;\">(a) 3%<\/span><br \/>\n<span style=\"color: #000000;\">(b) 4%<\/span><br \/>\n<span style=\"color: #000000;\">(c) 5%<\/span><br \/>\n<span style=\"color: #000000;\">(d) 6%<\/span><\/p>\n<p><span style=\"color: #ff0000;\">3. In what time will Rs.1000 become Rs.1331 at 10% per annum compounded annually \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 <span style=\"color: #0000ff;\">\u00a0 \u00a0 \u00a0 \u00a0<\/span><\/span><span style=\"color: #0000ff;\"> (b)<\/span><br \/>\n<span style=\"color: #000000;\">(a) 2 Years<\/span><br \/>\n<span style=\"color: #000000;\">(b) 3 Years<\/span><br \/>\n<span style=\"color: #000000;\">(c) 4 Years<\/span><br \/>\n<span style=\"color: #000000;\">(d) 5 Years<\/span><\/p>\n<p><span style=\"color: #ff0000;\">4. Effective annual rate of interest corresponding to nominal rate of 6% per annum compounded half yearly will be<\/span> <span style=\"color: #0000ff;\">(a)<\/span><br \/>\n<span style=\"color: #000000;\">(a) 6.09%<\/span><br \/>\n<span style=\"color: #000000;\">(b) 6.10%<\/span><br \/>\n<span style=\"color: #000000;\">(c) 6.12%<\/span><br \/>\n<span style=\"color: #000000;\">(d) 6.14%<\/span><\/p>\n<p><span style=\"color: #ff0000;\">5. The present worth of Rs.169 due in 2 years at 4% per annum compound interest is<\/span>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0<span style=\"color: #0000ff;\"> \u00a0 (b)<\/span><br \/>\n<span style=\"color: #000000;\">(a) Rs 155.25<\/span><br \/>\n<span style=\"color: #000000;\">(b) Rs 156.25<\/span><br \/>\n<span style=\"color: #000000;\">(c) Rs 157.25<\/span><br \/>\n<span style=\"color: #000000;\">(d) Rs 158.25<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>1. Find the compound interest on Rs. 7500 at 4% per annum for 2 years, compounded annually.\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 (b) (a) Rs. 610 (b) Rs. 612 (c) Rs. 614 (d) Rs. 616 2. At what rate of compound interest per annum will a sum of Rs. 1200 become Rs. 1348.32 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-8065","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.10 - aioseo.com -->\n\t<meta name=\"description\" content=\"1. Find the compound interest on Rs. 7500 at 4% per annum for 2 years, compounded annually. (b) (a) Rs. 610 (b) Rs. 612 (c) Rs. 614 (d) Rs. 616 2. 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