RPH Editorial Board Solutions for Exercise 1: MULTIPLE CHOICE QUESTIONS

Author:RPH Editorial Board

RPH Editorial Board English, Quantitative Aptitude, Reasoning Solutions for Exercise - RPH Editorial Board Solutions for Exercise 1: MULTIPLE CHOICE QUESTIONS

Attempt the practice questions from Exercise 1: MULTIPLE CHOICE QUESTIONS with hints and solutions to strengthen your understanding. LIC Assistant Preliminary Examination Phase-1 solutions are prepared by Experienced Embibe Experts.

Questions from RPH Editorial Board Solutions for Exercise 1: MULTIPLE CHOICE QUESTIONS with Hints & Solutions

EASY
Insurance
IMPORTANT

If 7500 are borrowed at CI at the rate of 4% per annum, then after 2 years the amount to be paid is _____.

EASY
Insurance
IMPORTANT

Simple interest on a sum at 4% per annum is Rs.80 in 2 years. The compound interest on the same sum for the same period is:

MEDIUM
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IMPORTANT

Rs.800 at 5% per annum compound interest will amount to Rs.882 in how many years?

HARD
Insurance
IMPORTANT

What is the principal amount which earns Rs.132 as compound interest for the second year at 10% per annum?

MEDIUM
Insurance
IMPORTANT

The difference between the compound interest and the simple interest on a certain sum at 5% per annum for 2 years is Rs.1.50. The sum is?

HARD
Insurance
IMPORTANT

The compound interest on a certain sum of money for 2 years at 10% per annum is Rs.420. The simple interest on the same sum at the same rate and for the same time will be:

MEDIUM
Insurance
IMPORTANT

A sum amounts to 2916 in 2 years and to 3149.28 in 3 years at compound interest. The sum is:

HARD
Insurance
IMPORTANT

A sum of money on compound interest amounts to 10648 in 3 years and 9680 in 2 years. What is the rate of interest per annum?