Aptitude Practice Question and Answer

Q:

If the simple interest on ₹ 1 for 1 month is 1 paisa, then the rate percent per annum will be 

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  • 1
    12%
    Correct
    Wrong
  • 2
    6 %
    Correct
    Wrong
  • 3
    10 %
    Correct
    Wrong
  • 4
    8 %
    Correct
    Wrong
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Answer : 1. "12% "

Q:

The simple interest on a sum of money for 3 years is ₹240 and the compound interest on the same sum, at the same rate  for 2 years is ₹170. The rate of interest is 

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  • 1
    $$7{9\over 17}\%$$
    Correct
    Wrong
  • 2
    $$29{1\over 6}\%$$
    Correct
    Wrong
  • 3
    $$12{1\over 2}\%$$
    Correct
    Wrong
  • 4
    $$5{5\over 17}\%$$
    Correct
    Wrong
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Answer : 3. "$$12{1\over 2}\%$$"

Q:

Mr. Dutta desired to deposit his retirement benefit of ₹3 lacs partly to a post office and partly to a bank at 10 % and 6 %  simple interests respectively. If his monthly interest income was ₹ 2000, then the difference of his deposits in the post office and in the bank was -

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  • 1
    ₹ 40,000
    Correct
    Wrong
  • 2
    ₹ 50,000
    Correct
    Wrong
  • 3
    ₹ 1,00,000
    Correct
    Wrong
  • 4
    ₹ Nil
    Correct
    Wrong
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Answer : 4. "₹ Nil "

Q:

A sum of money lent out at simple interest amounts to ₹720 after 2 years and 1020 after a further period of 5 years. Find the principal. 

920 0

  • 1
    ₹ 1740
    Correct
    Wrong
  • 2
    ₹ 120
    Correct
    Wrong
  • 3
    ₹ 6000
    Correct
    Wrong
  • 4
    ₹ 600
    Correct
    Wrong
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Answer : 4. "₹ 600 "

Q:

Ratio of the principal and the amount after 5 year is 10:12. Then the rate of interest per annum is 

2829 0

  • 1
    8%
    Correct
    Wrong
  • 2
    20%
    Correct
    Wrong
  • 3
    12%
    Correct
    Wrong
  • 4
    16%
    Correct
    Wrong
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Answer : 2. "20% "

Q:

2 years, a sum was put at SI at a certain rate. If the rate was 3 % higher, it would have fetched 300 more. What will be the sum? 

815 0

  • 1
    2500
    Correct
    Wrong
  • 2
    4484
    Correct
    Wrong
  • 3
    5000
    Correct
    Wrong
  • 4
    4800
    Correct
    Wrong
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Answer : 3. "5000 "

Q:

In a certain time, the ratio of a certain principle and interest obtained from it are in the ratio 10 : 3 at 10 % interest per annum. The number of years for which the money was invested is? 

800 0

  • 1
    5 years
    Correct
    Wrong
  • 2
    7 years
    Correct
    Wrong
  • 3
    1 years
    Correct
    Wrong
  • 4
    3 years
    Correct
    Wrong
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Answer : 4. "3 years "

Q:

A sum of ₹ 10,000 is lent partly at 8 % and remaining at 10% per annum. If the yearly interest on the average is 9.2 %, the two parts are 

746 0

  • 1
    ₹ 5000, ₹ 5000
    Correct
    Wrong
  • 2
    ₹ 5500 , ₹ 4500
    Correct
    Wrong
  • 3
    ₹ 4000 , ₹ 6000
    Correct
    Wrong
  • 4
    ₹ 4500, ₹ 5500
    Correct
    Wrong
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Answer : 3. "₹ 4000 , ₹ 6000 "

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