Recent questions tagged simple-compound-interest / Aptitude Overflow

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CAT 2021 Set-3 | Quantitative Aptitude | Question: 5
Bank $\text{A}$ offers $6 \%$ interest rate per annum compounded half yearly. Bank $\text{B}$ and Bank $\text{C}$ offer simple interest but the annual interest rate offered by Bank $\text{C}$ is twice that of Bank $\text{B}.$ Raju invests a ... $\text{A}$ for one year. The interest accrued, in $\text{INR},$ to Rupa is $3436$ $2436$ $2346$ $1436$

Bank $\text{A}$ offers $6 \%$ interest rate per annum compounded half yearly. Bank $\text{B}$ and Bank $\text{C}$ offer simple interest but the annual interest rate offer...

soujanyareddy13

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soujanyareddy13 asked Jan 20, 2022

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CAT 2021 Set-1 | Quantitative Aptitude | Question: 19
Anil invests some money at a fixed rate of interest, compounded annually. If the interests accrued during the second and third year are ₹ $806.25$ and ₹ $866.72,$ respectively, the interest accrued, in $\text{INR},$ during the fourth year is nearest to $934.65$ $929.48$ $926.84$ $931.72$

Anil invests some money at a fixed rate of interest, compounded annually. If the interests accrued during the second and third year are ₹ $806.25$ and ₹ $866.72,$ res...

soujanyareddy13

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soujanyareddy13 asked Jan 19, 2022

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CAT 2020 Set-3 | Question: 62
A person invested a certain amount of money at $10\%$ annual interest, compounded half-yearly. After one and a half years, the interest and principal together became $\text{Rs} \; 18522.$ The amount, in rupees, that the person had invested is

A person invested a certain amount of money at $10\%$ annual interest, compounded half-yearly. After one and a half years, the interest and principal together became $\te...

soujanyareddy13

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soujanyareddy13 asked Sep 17, 2021

1 votes

1 answer

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CAT 2020 Set-2 | Question: 75
For the same principal amount, the compound interest for two years at $5\%$ per annum exceeds the simple interest for three years at $3\%$ per annum by $\text{Rs } 1125.$ Then the principal amount in rupees is

For the same principal amount, the compound interest for two years at $5\%$ per annum exceeds the simple interest for three years at $3\%$ per annum by $\text{Rs } 1125.$...

soujanyareddy13

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708 views

soujanyareddy13 asked Sep 17, 2021

1 votes

1 answer

5

CAT 2020 Set-1 | Question: 52
Veeru invested Rs $10000$ at $5\%$ simple annual interest, and exactly after two years, Joy invested Rs $8000$ at $10\%$ simple annual interest. How many years after Veeru’s investment, will their balances, i.e., principal plus accumulated interest, be equal?

Veeru invested Rs $10000$ at $5\%$ simple annual interest, and exactly after two years, Joy invested Rs $8000$ at $10\%$ simple annual interest. How many years after Veer...

soujanyareddy13

2.7k points

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soujanyareddy13 asked Sep 16, 2021

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CAT 2019 Set-2 | Question: 100
Amal invests Rs $12000$ at $8\%$ interest, compounded annually, and Rs $10000$ at $6\%$ interest, compounded semi-annually, both investments being for one year. Bimal invests his money at $7.5\%$ simple interest for one year. If Amal and Bimal get the same amount of interest, then the amount, in Rupees, invested by Bimal is ______

Amal invests Rs $12000$ at $8\%$ interest, compounded annually, and Rs $10000$ at $6\%$ interest, compounded semi-annually, both investments being for one year. Bimal inv...

go_editor

13.8k points

650 views

go_editor asked Mar 20, 2020

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0 answers

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CAT 2018 Set-2 | Question: 70
Gopal borrows Rs. $\text{X}$ from Ankit at $8\%$ annual interest. He then adds Rs. $\text{Y}$ of his own money and lends Rs. $\text{X+Y}$ to Ishan at $10\%$ annual interest. At the end of the year, after returning Ankit's dues ... retained by him would have increased by Rs. $150$. If all interests are compounded annually, then find the value of $\text{X+Y}$.

Gopal borrows Rs. $\text{X}$ from Ankit at $8\%$ annual interest. He then adds Rs. $\text{Y}$ of his own money and lends Rs. $\text{X+Y}$ to Ishan at $10\%$ annual intere...

go_editor

13.8k points

674 views

go_editor asked Mar 20, 2020

2 votes

1 answer

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CAT 2018 Set-1 | Question: 96
John borrowed Rs.$2,10,000$ from a bank at an interest rate of $10\%$ per annum, compounded annually. The loan was repaid in two equal installments, the first after one year and the second after another year. The first installment was ... , while the second was the rest of the principal amount plus due interest thereon. Then each installment, in Rs., is ________

John borrowed Rs.$2,10,000$ from a bank at an interest rate of $10\%$ per annum, compounded annually. The loan was repaid in two equal installments, the first after one y...

go_editor

13.8k points

794 views

go_editor asked Mar 19, 2020

1 votes

1 answer

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CAT 2019 Set-1 | Question: 96
A person invested a total amount of Rs $15$ lakh. A part of it was invested in a fixed deposit earning $6\%$ annual interest, and the remaining amount was invested in two other deposits in the ratio $2:1$, earning annual interest at the ... . If the total annual interest income is Rs $76000$ then the amount (in Rs lakh) invested in the fixed deposit was _______

A person invested a total amount of Rs $15$ lakh. A part of it was invested in a fixed deposit earning $6\%$ annual interest, and the remaining amount was invested in two...

go_editor

13.8k points

637 views

go_editor asked Mar 8, 2020

2 votes

1 answer

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CAT 2019 Set-1 | Question: 95
If the population of a town is $p$ in the beginning of any year then it becomes $3+2p$ in the beginning of the next year. If the population in the beginning of $2019$ is $1000$, then the population in the beginning of $2034$ will be $(997)2^{14}+3$ $(1003)^{15}+6$ $(1003)2^{15}-3$ $(997)^{15}-3$

If the population of a town is $p$ in the beginning of any year then it becomes $3+2p$ in the beginning of the next year. If the population in the beginning of $2019$ is ...

go_editor

13.8k points

942 views

go_editor asked Mar 8, 2020

0 votes

1 answer

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CAT 2009 | Question: 11
A person closes his account in an investment scheme by withdrawing $\text{Rs.}\; 10,000$. One year ago he had withdrawn $\text{Rs.}\; 6000$. Two years ago he had withdrawn $\text{Rs.}\; 5000$. Three years ago he had not withdrawn any money. How much money had he ... simple interest is $10\%?$ $\text{Rs.}\; 15600$ $\text{Rs.}\; 16500$ $\text{Rs.}\; 17280$ None of these.

A person closes his account in an investment scheme by withdrawing $\text{Rs.}\; 10,000$. One year ago he had withdrawn $\text{Rs.}\; 6000$. Two years ago he had withdraw...

makhdoom ghaya

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makhdoom ghaya asked Dec 31, 2015

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