logo

CuriousTab

CuriousTab

Discussion


Home Aptitude Compound Interest See What Others Are Saying!
  • Question
  • A person invested a certain amount at simple interest at the rate of 6 percent annum earning Rs. 900 as an interest at the end of three years. Had the interest been compounded every year. How much more interest would he have earned on the same amount with the same interest after three years?


  • Options
  • A. Rs. 38.13
  • B. Rs. 25.33
  • C. Rs. 55.08
  • D. Rs. 35.30

  • Correct Answer
  • Rs. 55.08 

    Explanation

    Certain sum for the person = (900 x 100)/(6 x 3) =Rs. 5000
    ? Interest on Rs. 5000 by C.I. = 5000(1 +6/100)3 - 5000 = Rs. 955.08
    ? More interest =Rs. (955.08 - 900) = Rs. 55.08


  • More questions

    • 1. 
      In a race of 600 m, A can beat B by 60 m and in a race of 500 m, B can beat C by 50 m. By how many meter will A beat C in a race of 400 m?

    • Options
    • A. 78 m
    • B. 56 m
    • C. 76 m
    • D. 86 m
    • Discuss
    • 2. 
      0.15 / (0.5 / 15) =?

    • Options
    • A. 4.5
    • B. 45
    • C. 0.03
    • D. 0.45
    • Discuss
    • 3. 
      For any integers a and b with HCF (a, b) = 1, what is HCF (a + b, a - b) equal to?

    • Options
    • A. It is always 1
    • B. It is always 2
    • C. Either 1 or 2
    • D. None of the above
    • Discuss
    • 4. 5358 x 51 =?

    • Options
    • A. 273258
    • B. 273268
    • C. 273348
    • D. 273358
    • Discuss
    • 5. Which of the following numbers is divisible by each one of 3, 7, 9 and 11?

    • Options
    • A. 639
    • B. 2079
    • C. 3791
    • D. 37911
    • E. None of these
    • Discuss
    • 6. 
      If the total sales for a business in a certain year were ? 132000. What were the sales in june, if june sales were half the monthly average?

    • Options
    • A. ? 8400
    • B. ? 7200
    • C. ? 5500
    • D. ? 6300
    • Discuss
    • 7. 
      If 0.8 x A = 0.09 x B, then find A : B.

    • Options
    • A. 9 : 80
    • B. 3 : 80
    • C. 80 : 9
    • D. 7 : 80
    • Discuss
    • 8. 
      A 4% stock yield 5%. The market value of the stock is?

    • Options
    • A. Rs. 125
    • B. Rs. 80
    • C. Rs. 99
    • D. Rs. 109
    • Discuss
    • 9. 
      The product of 3.5413 x 2.1 is

    • Options
    • A. 7.44673
    • B. 7.43673
    • C. 7.53673
    • D. None of these
    • Discuss
    • 10. 
      Maganlal, a worker, makes an article in every 2/3h. If he works for 7 1/ 2h, then how many articles will he make?

    • Options
    • A. 111/4
    • B. 111/3
    • C. 112/6
    • D. 112/5
    • Discuss


    Comments

    There are no comments.

Enter a new Comment