Top 100 Aptitude Questions and Answers for Competitive Exams
Rajesh borrowed a sum of money from Jayant at the rate of 8% per annum simple interest for the first four years, 10% per annum for the next six years and 12% per annum for the period beyond 10 years. If he pays a total of Rs. 12,160 as interest only at the end of 15 years, how much way did he borrow?
(A) 8000
(B) 10,000
(C) 12,000
(D) 9,000
Correct Answer : A
A certain sum amounts to ₹15,500 in 2 years at 12% p.a. simple interest. The same sum will amount to what in$$1{1\over 2}$$ years at 10% p.a., if the interest is compounded half yearly (nearest to ₹1)?
(A) ₹ 14,470
(B) ₹ 15,125
(C) ₹ 14,360
(D) ₹ 13,460
Correct Answer : A
A sum triple itself in 9 years at simple interest. Find the rate of interest per annum is.
(A) $$38{2\over 9} \% $$
(B) $$33{1\over 3} \% $$
(C) $$27{1\over 9} \% $$
(D) $$22{2\over 9} \% $$
Correct Answer : D
What is the ratio of the simple interest earned on a certain amount at the rate of 21% per annum for 8 years to that earned on the same sum at the same rate for 21 years?
(A) 8:21
(B) 21:5
(C) 5:21
(D) 21:8
Correct Answer : A
In 5 years, the simple interest on an amount of Rs. X is $$2\over 5$$ of the principal. The rate of interest per annum is:
(A) 12%
(B) 8%
(C) 10%
(D) 5%
Correct Answer : B
A dealer sold an article at a loss of 2%. Had he sold it for ₹44 more, he would have gained 20%. Find the cost price of the article.
(A) ₹250
(B) ₹300
(C) ₹400
(D) ₹200
Correct Answer : D
An umbrella is marked for ₹150 and sold for ₹138. The rate of discount is:
(A) 5%
(B) 8%
(C) 6%
(D) 9%
Correct Answer : B
Anil bought two articles A and B at a total cost of ₹ 10,000. He sold the article A at 15% profit and the actacle B at 10% loss. In the whole deal, be made no profit or no loss. Find the selling price of the article A.
(A) ₹4,500
(B) ₹5,400
(C) ₹4,600
(D) ₹4,200
Correct Answer : C
A dealer marks his goods at 40% above the cost price. He sells 60% of the goods at the marked price giving 10% discount and the rest by giving 50% discount on the marked price. What is his overall profit/loss per cent?
(A) Loss 2.8%
(B) Profit 2.8%
(C) Profit 3.6%
(D) Loss 3.6%
Correct Answer : C
Shashi sells two articles for ₹5,000 each with no loss and no profit in the overall transaction. If one article is sold at $$16{2\over 3}\%$$loss, then the other is sold at a profit of:
(A) 25%
(B) 24%
(C) 16%
(D) 18%
Correct Answer : A