Competitive Exam

Interest question bank (Quantitative Aptitude)

Practice 397 free Competitive Exam Quantitative Aptitude - Interest questions with answers and step-by-step solutions.

Q1.

What would be the $C.I.$ obtained on an amount of $Rs. 4800$ at the rate of $5$ $p.c.p.a$ for $3$ years (in $Rs.$)?

(A)
$448.7$
(B)
$817.8$
(C)
$623.5$
(D)
$756.6$
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Q2.

Find the compound interest on $Rs. 12500$ at $8 \%$ per annum for $9$ months compounded quarterly (in $Rs.$).

(A)
$1020$
(B)
$1428$
(C)
$510$
(D)
$765$
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