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- Question
The difference between the compound interest and the simple interest on a certain sum at 12% p.a. for two years is Rs.90. What will be the value of the amount at the end of 3 years?
Options- A. 8560
- B. 8673
- C. 8746
- D. 8780.80
- Correct Answer
- 8780.80
Explanationwhen interest is reckoned using compound interest, interest being compounded annually. The difference in the simple interest and compound interest for two years is on account of the interest paid on the first year's interest Hence 12% of simple interest = 90 => simple interest =90/0.12 =750.
As the simple interest for a year = 750 @ 12% p.a., the principal =750/0.12 = Rs.6250.
If the principal is 6250, then the amount outstanding at the end of 3 years = 6250 + 3(simple interest on 6250) + 3 (interest on simple interest) + 1 (interest on interest on interest) = 6250 +3(750) + 3(90) + 1(10.80) = 8780.80.
- 1. Aarti can do a piece of work in 6 days. In how many days will she complete three time of work of same type?
Options- A. 18 days
- B. 21 days
- C. 3 days
- D. 6 days Discuss
- 2. 750.0003 ÷ 19.999 =?
Options- A. 49
- B. 18
- C. 22
- D. 38 Discuss
- 3. 105, 85, 60, 30, 0, - 45, - 90?
Options- A. 0
- B. 85
- C. -45
- D. 60 Discuss
- 4. Let A = {1, 2, {3, 4}, 5}. Which of the following statements is true?
Options- A. {3, 4} ? A
- B. {3, 4} ? A
- C. 1 ? A
- D. {1, 2, 5} ? A Discuss
- 5. Two vessels A and B contains milk and water mixed in the ratio 5 : 3 and 2 : 3. When these mixtures are mixed to form a new mixture containing half milk and half water, they must be taken in the ratio ?
Options- A. 2 : 5
- B. 3 : 5
- C. 4 : 5
- D. 7 : 3 Discuss
- 6. 1, 2, 4, 8, 16, 32, 64, (...), 256?
Options- A. 148
- B. 128
- C. 154
- D. 164 Discuss
- 7. A tree is 12 m tall and casts an an 8 m long shadow. At the same time, a flag pole caste a 100 m long shadow. How long is the flag pole?
Options- A. 150 m
- B. 200 m
- C. 125 m
- D. 115 m Discuss
- 8. 8% of 96 =? of 1/25
Options- A. 19.2
- B. 7.68
- C. 1.92
- D. None of these Discuss
- 9. A certain amount earns simple interest of Rs. 1750 after 7 years. Had the interest been 2% more, how much more interest would it have earned?
Options- A. Rs. 35
- B. Rs. 245
- C. Rs. 350
- D. Cannot be determined
- E. None of these Discuss
- 10. If the hands of a clock coincide in every 65 minutes (true time), in 24 hours the clock will gain:
Options- A. 10 10 minutes. 143
- B. 9 12 minutes. 143
- C. 11 12 minutes. 143
- D. 12 10 minutes. 143 Discuss
More questions
Correct Answer: 18 days
Explanation:
We have the important relation, More work, More time (days)
? A piece of work can be done in 6 days.
? Three times of work of same type can be done in 6 x 3
= 18 days
Correct Answer: 38
Explanation:
? = 750.0003 ÷ 19.999
? ? ? 750 ÷ 20
? ? ? 375 ? 38
Correct Answer: 0
Explanation:
Subtract 20, 25, 30, 35, 40, 45 from successive numbers. So 0 is wrong.
Correct Answer: {3, 4} ? A
Explanation:
NA
Correct Answer: 4 : 5
Explanation:
Correct Answer: 128
Explanation:
Each previous number is multiplied by 2.
Correct Answer: 150 m
Explanation:
? 8 m shadow means original height = 12 m
? 1 m shadow means original height = 12/8 m
? 100 m shadow means original height = (12/8) x 100 m
= (6/4) x 100 = 6 x 25 = 150 m
Correct Answer: None of these
Explanation:
Let 8% of 96 = y of 1/25
? (8 x 96)/100 = y/25
? y = (8 x 96 x 25)/100 = 192
Correct Answer: Cannot be determined
Explanation:
We need to know the S.I., principal and time to find the rate.
Since the principal is not given, so data is inadequate.
Correct Answer: 10 10 minutes. 143
Explanation:
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