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Digitization help student to explore and study their academic courses online, as this gives them flexibility and scheduling their learning at their convenience. Kidsfront has prepared unique course material of Arithmetic Aptitude Simple Compound Interest & Installments for Quantitative Aptitude Practice student. This free online Arithmetic Aptitude study material for Quantitative Aptitude Practice will help students in learning and doing practice on Simple Compound Interest & Installments topic of Quantitative Aptitude Practice Arithmetic Aptitude. The study material on Simple Compound Interest & Installments , help Quantitative Aptitude Practice Arithmetic Aptitude students to learn every aspect of Simple Compound Interest & Installments and prepare themselves for exams by doing online test exercise for Simple Compound Interest & Installments , as their study progresses in class. Kidsfront provide unique pattern of learning Arithmetic Aptitude with free online comprehensive study material and loads of Quantitative Aptitude Practice Arithmetic Aptitude Simple Compound Interest & Installments exercise prepared by the highly professionals team. Students can understand Simple Compound Interest & Installments concept easily and consolidate their learning by doing practice test on Simple Compound Interest & Installments regularly till they excel in Arithmetic Aptitude Simple Compound Interest & Installments .


Simple Compound Interest & Installments
Neha deposited Rs 8000 at compound interest for 4 years at the rate of 10% per annum.How much interest will he get after 4 years?

a) Rs 3512.8
b) Rs 3812.8
c) Rs 3832.8
d) Rs 3712.8



Answer
Correct Answer Is : Rs 3712.8
Solution Is :
If a certain sum amounts to Rs37044 in 3 years and to Rs 40841.01 in 5 years at compound interest then Find the sum.

a) Rs30000
b) Rs36000
c) Rs32000
d) Rs29000



Answer
Correct Answer Is : Rs32000
Solution Is :
If a certain sum amounts to Rs 70560 in 2 years and to Rs 81682.02 in 5 years at compound interest then Find the rate of interest per annum.

a) 10%
b) 8%
c) 5%
d) 12%



Answer
Correct Answer Is : 5%
Solution Is :
A man had Rs 16000 part of which he lent at 8% per annum and the rest at 9% per annum simple interest. If the total simple interest be Rs 1340,the money lent at 8% is:

a) Rs 6000
b) Rs 8000
c) Rs 10000
d) Rs 12000



Answer
Correct Answer Is : Rs 10000
Solution Is :
What annual instalment will discharge a debt of Rs 4600 due in 4 years at 10% per annum simple interest?

a) 1200
b) 8900
c) 800
d) 1000



Answer
Correct Answer Is : 1000
Solution Is :
The difference between the compound interest and simple interest on a sum of Rs 7000 for 2 years is 25.2.Find the rate of interest per annum.

a) 10%
b) 5%
c) 8%
d) 6%



Answer
Correct Answer Is : 6%
Solution Is :
The difference between the compound interest and simple interest on a certain sum of the rate of 12% per annum for 2 years is 28.8.Find the sum.

a) Rs 2000
b) Rs 3000
c) Rs 3500
d) Rs 4500



Answer
Correct Answer Is : Rs 2000
Solution Is :
What annual payment will discharge debt at Rs 9930 due in 3years at 10% rate of compound interest per annum?

a) Rs 3993
b) Rs 2993
c) Rs 4993
d) Rs 4500



Answer
Correct Answer Is : Rs 3993
Solution Is :
Rahul borrowed a sum of Rs 6000 at 10% p.a., interest compounded annually. If the money is to be repaid in three equal annual instalment, each payable at the end of the year, then what is the value of each instalment?

a) 3651
b) 2314
c) 2498
d) 3554



Answer
Correct Answer Is : 2314
Solution Is :
Gaurav borrows a certain sum of money and pays it back in 2 years in two equal instalments. If Compound interest. is calculated at 5% per annum and he pays back annually Rs. 441, what sum did he borrow?

a) Rs 421
b) Rs 820
c) Rs 712
d) Rs 891



Answer
Correct Answer Is : Rs 820
Solution Is :
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