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  • Question
  • What is the rate of interest percentage per annum?
    I. An amount doubles itself at simple interest in 10 yr.
    II. Difference between the compound interest and simple interest on an amount of ? 15000 in 2 yr is ? 150.
    III. The compound interest calculated after 8 yr is more than the amount principle.


  • Options
  • A. Only I
  • B. Only II
  • C. Ii and III
  • D. I and III

  • Correct Answer
  •  

    Explanation

    From Statement I,
    SI = PRT/100
    ? P = (P x R x 10)/100
    ? R = 10%


    From Statement II,
    Difference (D) = PR2/(100)2
    ? 150 = (15000 x R2)/10000
    ? R = 10%

    Thus, either Statement I or II is sufficient.


  • More questions

    • 1. 
      During which of the following successive weeks number of persons killed came down to a minimum level?

    • Options
    • A. 28 July - 4 August
    • B. 7 July - 14 July
    • C. 30 June - 7 July
    • D. 21 July - 28 July
    • Discuss
    • 2. 
      If the income of Company A in 2002 was $ 600 billion, what was its expenditure?

    • Options
    • A. $ 360billion
    • B. $ 480 billion
    • C. $ 375 billion
    • D. Cannot be determined
    • Discuss
    • 3. 
      Graph shows that the maximum amount was spent on:

    • Options
    • A. Food
    • B. Housing
    • C. Clothing
    • D. Others
    • Discuss
    • 4. 
      The production of which type of cars was 25% of the total production of all types of cars during 1993?

    • Options
    • A. S
    • B. R
    • C. Q
    • D. P
    • Discuss
    • 5. 
      What is the percent increase in the number of Executives recruited by organisation R in 2005 from the previous year? (Rounded off to two digits after decimal)

    • Options
    • A. 18.67
    • B. 12.92
    • C. 16.48
    • D. 13.21
    • Discuss
    • 6. 
      What was the percentage drop in the production of food-grains from 1991 to 1992?

    • Options
    • A. 15
    • B. 20
    • C. 25
    • D. 30
    • Discuss
    • 7. 
      In the art faculty number of students who have opted the course of stenography is how much percent of the total student in the faculty?

    • Options
    • A. 27%
    • B. 10%
    • C. 18%
    • D. 15%
    • Discuss
    • 8. 
      If the miscellaneous charges are Rs. 6000, the advertisement charges are:

    • Options
    • A. Rs. 10,000
    • B. Rs. 12,000
    • C. Rs. 25,000
    • D. Rs. 27,000
    • Discuss
    • 9. 
      The number of students playing Badminton from School E is p % of the students playing Badminton from School B. Then p equals :

    • Options
    • A. 40
    • B. 50
    • C. 42
    • D. 41
    • Discuss
    • 10. 
      What is the average distance traveled by all the trucks together?

    • Options
    • A. 510 Km
    • B. 515 Km
    • C. 425 Km
    • D. 475 Km
    • Discuss


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