logo

CuriousTab

CuriousTab

Discussion


Home Aptitude Simple Interest See What Others Are Saying!
  • Question
  • What percentage of simple interest per annum did Anand pay to Deepak? I. Anand borrowed Rs. 8000 from Deepak for four years. II. Anand returned Rs. 8800 to Deepak at the end of two years and settled the loan


  • Options
  • A. I alone sufficient while II alone not sufficient to answer
  • B. II alone sufficient while I alone not sufficient to answer
  • C. Either I or II alone sufficient to answer
  • D. Both I and II are necessary to answer

  • Correct Answer
  • Both I and II are necessary to answer 

    Explanation

    Let the rate be R% p.a.

    I  gives, P = Rs. 8000 and T = 4 years.

    II gives, S.I = Rs. (8800 - 8000) = Rs. 800.

    R = [100 x S.I] / [p x t ]= (100 x 800)/(8000 x 4) = 2 ½ % p.a

    Thus, I and II both are needed to get the answer.

  • Tags: Bank Exams, Bank PO

    More questions

    • 1. Two, trains, one from Howrah to Patna and the other from Patna to Howrah, start simultaneously. After they meet, the trains reach their destinations after 9 hours and 16 hours respectively. The ratio of their speeds is:

    • Options
    • A. 2 : 3
    • B. 4 : 3
    • C. 6 : 7
    • D. 9 : 16
    • Discuss
    • 2. A train 360 m long is running at a speed of 45 km/hr. In what time will it pass a bridge 140 m long?

    • Options
    • A. 40 sec
    • B. 42 sec
    • C. 45 sec
    • D. 48 sec
    • Discuss
    • 3. A train overtakes two persons who are walking in the same direction in which the train is going, at the rate of 2 kmph and 4 kmph and passes them completely in 9 and 10 seconds respectively. The length of the train is:

    • Options
    • A. 45 m
    • B. 50 m
    • C. 54 m
    • D. 72 m
    • Discuss
    • 4. If the number 91876 * 2 is completely divisible by 8, then the smallest whole number in place of * will be:

    • Options
    • A. 1
    • B. 2
    • C. 3
    • D. 4
    • E. None of these
    • Discuss
    • 5. A boy multiplied 987 by a certain number and obtained 559981 as his answer. If in the answer both 9 are wrong and the other digits are correct, then the correct answer would be:

    • Options
    • A. 553681
    • B. 555181
    • C. 555681
    • D. 556581
    • Discuss
    • 6. The least number which should be added to 2497 so that the sum is exactly divisible by 5, 6, 4 and 3 is:

    • Options
    • A. 3
    • B. 13
    • C. 23
    • D. 33
    • Discuss
    • 7. (17)3.5 x (17)? = 178

    • Options
    • A. 2.29
    • B. 2.75
    • C. 4.25
    • D. 4.5
    • Discuss
    • 8. 
      The number of odd days in a leap year is?

    • Options
    • A. 1
    • B. 2
    • C. 3
    • D. 4
    • Discuss
    • 9. 
      16, 4, 2, 1.5, 1.75, 1.875

    • Options
    • A. 1.875
    • B. 1.75
    • C. 1.5
    • D. 2
    • Discuss
    • 10. 
      In a circus there was a leopard and a tiger walking in the two different rings of same radii. There I observed that when leopard moved 3 steps, tiger moved 5 steps in the same time,but the distance traversed by leopard in 5 step is equal to the distance traversed by tiger in 4 steps. what is the number of rounds that a leopard made when tiger completed 100 rounds?

    • Options
    • A. 120
    • B. 48
    • C. 75
    • D. none of these
    • Discuss


    Comments

    There are no comments.

Enter a new Comment