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Simple & Compound Interest Questions for CAT with Answers PDF

This EduRev document offers 20 Multiple Choice Questions (MCQs) from the topic Simple & Compound Interest (Level - 1). These questions are of Level - 1 difficulty and will assist you in the preparation of CAT & other MBA exams. You can practice/attempt these CAT Multiple Choice Questions (MCQs) and check the explanations for a better understanding of the topic. 

Question for Practice Questions Level 1: Simple & Compound Interest - 2
Try yourself:What is the simple interest for 9 years on a sum of ₹ 800 if the rate of interest for the first 4 years is 8% per annum and for the last 4 years is 6% per annum?
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Question for Practice Questions Level 1: Simple & Compound Interest - 2
Try yourself:Find the compound interest on ₹ 1000 at the rate of 20% per annum for 18 months when interest is compounded half-yearly.
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Question for Practice Questions Level 1: Simple & Compound Interest - 2
Try yourself:Find the principal if compound interest is charged on the principal at the rate of Simple & Compound Interest Questions for CAT with Answers PDF% per annum for two years and the sum becomes 
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Question for Practice Questions Level 1: Simple & Compound Interest - 2
Try yourself:In what time will ₹ 3300 become ₹ 3399 at 6% per annum interest compounded half-yearly?
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Question for Practice Questions Level 1: Simple & Compound Interest - 2
Try yourself:At what percentage per annum, will ₹ 10,000 amount to 17,280 in three years? (Compound Interest being reckoned)
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Question for Practice Questions Level 1: Simple & Compound Interest - 2
Try yourself:What is the rate of simple interest for the first 4 years if the sum of ₹ 360 becomes ₹ 540 in 9 years and the rate of interest for the last 5 years is 6%?
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Question for Practice Questions Level 1: Simple & Compound Interest - 2
Try yourself:Ranjeet makes a deposit of Rs.50,000 in the Punjab National Bank for a period of 2 1/2 years. If the rate of interest is 12% per annum compounded half-yearly, find the maturity value of the money deposited by him.
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Question for Practice Questions Level 1: Simple & Compound Interest - 2
Try yourself:₹ 1200 is lent out at 5% per annum simple interest for 3 years. Find the amount after 3 years.
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Question for Practice Questions Level 1: Simple & Compound Interest - 2
Try yourself:₹ 2100 is lent at compound interest of 5% per annum for 2 years. Find the amount after two years.
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Question for Practice Questions Level 1: Simple & Compound Interest - 2
Try yourself:Find the difference between the simple and the compound interest at 5% per annum for 2 years on a principal of ₹ 2000.
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Question for Practice Questions Level 1: Simple & Compound Interest - 2
Try yourself:After how many years will a sum of ₹ 12,500 become ₹ 17,500 at the rate of 10% per annum?
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Question for Practice Questions Level 1: Simple & Compound Interest - 2
Try yourself:What is the simple interest on a sum of  ₹700 if the rate of interest for the first 3 years is 8% per annum and for the last 2 years is 7.5% per annum?
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Question for Practice Questions Level 1: Simple & Compound Interest - 2
Try yourself:What is the difference between compound interest and simple interest for the sum of ₹ 20,000 over a 2 year period if the compound interest is calculated at 20% and simple interest is calculated at 23%?
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Question for Practice Questions Level 1: Simple & Compound Interest - 2
Try yourself:Find the principal if the interest compounded at the rate of 10% per annum for two years is ₹ 420.
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Question for Practice Questions Level 1: Simple & Compound Interest - 2
Try yourself:The SBI lent ₹ 1331 to the Tata group at a compound interest and got ₹ 1728 after three years. What is the rate of interest charged if the interest is compounded annually?
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Question for Practice Questions Level 1: Simple & Compound Interest - 2
Try yourself:Ranjan purchased a Maruti van for ₹ 1,96,000 and the rate of depreciation is Simple & Compound Interest Questions for CAT with Answers PDFper annum. Find the value of the van after two years. 
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Question for Practice Questions Level 1: Simple & Compound Interest - 2
Try yourself:Vinay deposited ₹ 8000 in ICICI Bank, which pays him 12% interest per annum compounded quarterly. What is the amount that he receives after 15 months?
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Question for Practice Questions Level 1: Simple & Compound Interest - 2
Try yourself:Harsh makes a fixed deposit of ₹ 20,000 with the Bank of India for a period of 3 years. If the rate of interest be 13% SI per annum charged half-yearly, what amount will he get after 42 months?
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Question for Practice Questions Level 1: Simple & Compound Interest - 2
Try yourself:Vinod makes a deposit of ₹ 100,000 in Syndicate Bank for a period of 2 years. If the rate of interest be 12% per annum compounded half-yearly, what amount will he get after 2 years?
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Question for Practice Questions Level 1: Simple & Compound Interest - 2
Try yourself:Ajay borrows ₹ 1500 from two moneylenders. He pays interest at the rate of 12% per annum for one loan and at the rate of 14% per annum for the other. The total interest he pays for the entire year is ₹ 186. How much does he borrow at the rate of 12%?
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