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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
Find the simple interest on the sum of Rs 20000 for 3 years at the rate of 10% per year.

a) Rs 6000
b) Rs 4000
c) Rs 8000
d) Rs 2000



Answer
Correct Answer Is : Rs 6000
Solution Is :
Find the simple interest on the sum of Rs 16000 from 5 January years at the rate of 10% per year.

a) Rs 800
b) Rs 650
c) Rs 400
d) Rs 425



Answer
Correct Answer Is : Rs 400
Solution Is :
At what rate per annum the simple interest on a sum of money will be 9/16% of principle in 5 years?

a) 101/4%
b) 11 x 1/2%
c) 10 x 1/2%
d) 11 x 1/4%



Answer
Correct Answer Is : 11 x 1/4%
Solution Is :
A sum of Rs 1000 amounts to invested to give Rs 2160 on simple interest. If the numerical value of time in years is square of that rate of interest per annum,Find the value of time.

a) 48 years
b) 24 years
c) 30 years
d) 36 years



Answer
Correct Answer Is : 36 years
Solution Is :
A person invests Rs1000 at an annual rate of interest of 13% compounded annually. What is the amount he will get after 2 Years.

a) 1276.9
b) 1265.8
c) 1376.1
d) 1200



Answer
Correct Answer Is : 1276.9
Solution Is :
A person invests Rs1000 at an annual rate of interest of 13% compounded annually. What is the amount he will get after 4 Years.

a) 1699.3
b) 1630.4
c) 1348.2
d) 1877.2



Answer
Correct Answer Is : 1630.4
Solution Is :
Find the compound Interest on Rs 2000 at 8% per annum for 2 years, compounded semi-annually.

a) 339.72(approx)
b) 378.72(approx)
c) 739.02(approx)
d) 567.82(approx)



Answer
Correct Answer Is : 339.72(approx)
Solution Is :
Find the amount after 9 months on Rs 10000 at an annual rate 10%,compounded quarterly.

a) 10769(approx)
b) 13469.33(approx)
c) 1086.22(approx)
d) 98111.33(approx)



Answer
Correct Answer Is : 10769(approx)
Solution Is :
At what rate of interest per annum will a sum of Rs 8000 become Rs 8820 in 2 years?

a) 8%
b) 5%
c) 6%
d) 4%



Answer
Correct Answer Is : 5%
Solution Is :
Vickey deposited Rs 9000 at compound interest for 3 years at the rate of 5% per annum .How much amount will he get after 3 years?

a) Rs 10418.625
b) Rs 10528.625
c) 10218.625
d) 10818.625



Answer
Correct Answer Is : Rs 10418.625
Solution Is :

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