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IBPS RRB Office Assistant Mains

IMPORTANT

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A bank lent $₹ 4000$ to person A at a certain rate of simple interest and $₹ 5000$ to B at $\frac{1}{2} %$ more than that of A. After $2$ years, the bank received $₹ 860$ as interest from both A and B. Find the rate of interest per annum at which the amount was lent to B.

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Important Questions on Simple Interest and Compound Interest

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IBPS RRB Office Assistant Mains

IMPORTANT

IBPS RRB Officers Scale-I, Preliminary & Main Online Exam>Chapter 8 - Simple Interest and Compound Interest>OBJECTIVE TYPE QUESTIONS>Q 31

If the difference between compound interest and simple interest on a certain sum of money for

3

years at

5 %

per annum is

R s . 122

, what will be the principal (in

R s .

EASY

IBPS RRB Office Assistant Mains

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IBPS RRB Officers Scale-I, Preliminary & Main Online Exam>Chapter 8 - Simple Interest and Compound Interest>OBJECTIVE TYPE QUESTIONS>Q 32

Rani bought a bike for

R s . 60000

. She paid

R s . 10000

cash down and the rest at the end of

2

years at

15 %

S . I

. How much more did she pay?

EASY

IBPS RRB Office Assistant Mains

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IBPS RRB Officers Scale-I, Preliminary & Main Online Exam>Chapter 8 - Simple Interest and Compound Interest>OBJECTIVE TYPE QUESTIONS>Q 33

The population of a town grows at the rate of $8 %$ p.a. What will the population be at the end of $3$ years if the present population is $10000$ ?

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IBPS RRB Officers Scale-I, Preliminary & Main Online Exam>Chapter 8 - Simple Interest and Compound Interest>OBJECTIVE TYPE QUESTIONS>Q 34

The

S I

for a certain sum at

10 %

p.a. is

R s . 400

for

2

years. What is the

C I

for the same period at same rate?

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IBPS RRB Office Assistant Mains

IMPORTANT

IBPS RRB Officers Scale-I, Preliminary & Main Online Exam>Chapter 8 - Simple Interest and Compound Interest>OBJECTIVE TYPE QUESTIONS>Q 35

Bharat borrowed

R s . 20000

partly from a friend at

12 %

SI and the remaining from a bank at

15 %

SI. At the end of

2

years, he paid back an amount of

R s . 25700

. What is the amount borrowed from the bank?

EASY

IBPS RRB Office Assistant Mains

IMPORTANT

IBPS RRB Officers Scale-I, Preliminary & Main Online Exam>Chapter 8 - Simple Interest and Compound Interest>OBJECTIVE TYPE QUESTIONS>Q 36

In approximately how many years will a certain sum of money triple itself at

22 %

simple interest?

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IBPS RRB Office Assistant Mains

IMPORTANT

IBPS RRB Officers Scale-I, Preliminary & Main Online Exam>Chapter 8 - Simple Interest and Compound Interest>OBJECTIVE TYPE QUESTIONS>Q 37

The difference between CI and SI for

2

years on a certain sum at a

10 %

interest rate is

₹ 450

. What is the principal?

EASY

IBPS RRB Office Assistant Mains

IMPORTANT

IBPS RRB Officers Scale-I, Preliminary & Main Online Exam>Chapter 8 - Simple Interest and Compound Interest>OBJECTIVE TYPE QUESTIONS>Q 38

The

C I

on a certain principal in second year is

R s . 420

and that in

3 r d

year is

R s . 462

. What is the rate of interest?

A bank lent ₹4000 to person A at a certain rate of simple interest and ₹5000 to B at 12% more than that of A. After 2 years, the bank received ₹860 as interest from both A and B. Find the rate of interest per annum at which the amount was lent to B.

Important Questions on Simple Interest and Compound Interest

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A bank lent $₹ 4000$ to person A at a certain rate of simple interest and $₹ 5000$ to B at $\frac{1}{2} %$ more than that of A. After $2$ years, the bank received $₹ 860$ as interest from both A and B. Find the rate of interest per annum at which the amount was lent to B.