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# Test: Compound Interest- 1

## 10 Questions MCQ Test IBPS PO Mains - Study Material, Online Tests, Previous Year | Test: Compound Interest- 1

Description
This mock test of Test: Compound Interest- 1 for Quant helps you for every Quant entrance exam. This contains 10 Multiple Choice Questions for Quant Test: Compound Interest- 1 (mcq) to study with solutions a complete question bank. The solved questions answers in this Test: Compound Interest- 1 quiz give you a good mix of easy questions and tough questions. Quant students definitely take this Test: Compound Interest- 1 exercise for a better result in the exam. You can find other Test: Compound Interest- 1 extra questions, long questions & short questions for Quant on EduRev as well by searching above.
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QUESTION: 2

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QUESTION: 3

### What will be the compound interest on a sum of Rs. 40,000 after 3 years at the rate of 11 p.c.p.a.?

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QUESTION: 4
If the simple interest on a sum of money for 2 years at 5% per annum is Rs. 60, what is the compound interest on the same at the same rate and for the same time?
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QUESTION: 5
There is 80% increase in an amount in 8 years at simple interest. What will be the compound interest of Rs. 14,000 after 3 years at the same rate?
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QUESTION: 6
The difference between compound interest and simple interest on an amount of Rs. 15,000 for 2 years is Rs. 96. What is the rate of interest per annum?
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QUESTION: 7
At what rate of compound interest per annum will a sum of Rs. 1400 become Rs. 1573.04 in 2 years?
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QUESTION: 8
The compound interest on Rs. 30,000 at 7% per annum is Rs. 4347. The period (in years) is:
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QUESTION: 9
The difference between simple interest and compound on Rs. 900 for one year at 10% per annum reckoned half-yearly is:
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QUESTION: 10

The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 4% per annum is Re. 1. The sum is:

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