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Home Aptitude Compound Interest See What Others Are Saying!
  • Question
  • Akash borrows ? 65000 at 10% per annum simple interest for 3 yr and lends it at 10% per annum compound interest for 3 yr , Find his gain after three years.?


  • Options
  • A. ? 2015
  • B. ? 1330
  • C. ? 1300
  • D. None of these

  • Correct Answer
  • ? 2015 

    Explanation

    SI on ? 65000 at the rate of 10% for 3 yr
    = (65000 x 10 x 3)/100 = ? 19500

    CI on ? 65000 at the rate of 10% for 3 yr
    = 65000(1 + 10/100)2 - 65000
    = 65000(11 x 11 x 11 - 10 x 10 x 10)/1000 = ? 21515

    ? Required gain = 21515 - 19500 = ? 2015


  • More questions

    • 1. 
      2508 ÷ 15.02 +? x 11 = 200

    • Options
    • A. 13
    • B. 8
    • C. 3
    • D. 4
    • Discuss
    • 2. 
      When the speed of a boat in still water is 4 km/h and the rate of stream is 2 km/h, find upstream speed of the boat.?

    • Options
    • A. 6 km/h
    • B. 5 km/h
    • C. 2 km/h
    • D. 7 km/h
    • Discuss
    • 3. 
      The sum of three consecutive odd number is 57. The middle one is?

    • Options
    • A. 19
    • B. 21
    • C. 23
    • D. 17
    • Discuss
    • 4. 
      Without stoppages, the speed of a train is 150 km/h and with stoppages, it is 100 km/h. How many minutes does the train stop?

    • Options
    • A. 20
    • B. 15
    • C. 25
    • D. 45
    • Discuss
    • 5. 
      Raman's present age is three times his daughter's and nine-thirteenth of his mother's present age. The sum of the present ages of all three of them is 125 yr. What is the difference between the present ages of Raman's daughter and Raman's mother?

    • Options
    • A. 45 yr
    • B. 40 yr
    • C. 50 yr
    • D. Connot be determined
    • Discuss
    • 6. 
      A boat running upstream takes 528 min to cover a certain distance, while it takes 240 min to cover the same distance running downstream. What is the ratio between the speed of the water current, respectively?

    • Options
    • A. 2 : 1
    • B. 3 : 2
    • C. 8 : 3
    • D. Couldn't be determined
    • Discuss
    • 7. 
      Ten years ago A was half of B in age. If the ratio of their present ages is 3 : 4. What will be the total of their present ages?

    • Options
    • A. 8 years
    • B. 20 years
    • C. 35 years
    • D. 45 years
    • Discuss
    • 8. 
      In ten years, A will be twice as old as B was 10 years ago. If A is now 9 years older then B. Find the present age of B?

    • Options
    • A. 39 year
    • B. 40 year
    • C. 36 year
    • D. 49 year
    • Discuss
    • 9. 
      Mahatma Gandhi was born on October 2, 1869. The day of the week was:

    • Options
    • A. Sunday
    • B. Monday
    • C. Saturday
    • D. Friday
    • Discuss
    • 10. 
      Change 75/100 into decimal number.

    • Options
    • A. 0.075
    • B. 0.75
    • C. 0.0075
    • D. 7.5
    • Discuss


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