MEDIUM
CAT
IMPORTANT
Earn 100

Ranjeet makes a deposit of ₹50000 in the Punjab National Bank for a period of 212 years. If the rate of interest is 12% per annum compounded half-yearly, find the maturity value of the money deposited by him.

50% studentsanswered this correctly

Important Questions on Interest

MEDIUM
CAT
IMPORTANT
How to prepare for Quantitative Aptitude for the CAT>Chapter 10 - Interest>Level of Difficulty>Q 23
Vinod makes a deposit of ₹100000 in Syndicate Bank for a period of 2 years. If the rate of interest be 12% per annum compounded half-yearly, what amount will he get after 2 years?
MEDIUM
CAT
IMPORTANT
How to prepare for Quantitative Aptitude for the CAT>Chapter 10 - Interest>Level of Difficulty>Q 24
What will be the simple interest on ₹700 at 9% per annum for the period from February 5, 1994 to April 18, 1994?
MEDIUM
CAT
IMPORTANT
How to prepare for Quantitative Aptitude for the CAT>Chapter 10 - Interest>Level of Difficulty>Q 25
Ajay borrows ₹1500 from two moneylenders. He pays interest at the rate of 12% per annum for one loan and at the rate of 14% per annum for the other. The total interest he pays for the entire year is ₹186. How much does he borrow at the rate of 12%?
MEDIUM
CAT
IMPORTANT
How to prepare for Quantitative Aptitude for the CAT>Chapter 10 - Interest>Level of Difficulty>Q 26
A sum was invested at simple interest for 2 years at a certain rate of interest. It would have fetched ₹60 more, if it was invested at 2% higher rate. What was the sum?
EASY
CAT
IMPORTANT
How to prepare for Quantitative Aptitude for the CAT>Chapter 10 - Interest>Level of Difficulty>Q 27
The difference between simple and compound interest on a sum of money at 5% per annum is ₹25. What is the sum?
HARD
CAT
IMPORTANT
How to prepare for Quantitative Aptitude for the CAT>Chapter 10 - Interest>Level of Difficulty>Q 28
A sum of money is borrowed and paid back in two equal annual instalments of ₹882, at 5% compound interest. Find the sum borrowed.
MEDIUM
CAT
IMPORTANT
How to prepare for Quantitative Aptitude for the CAT>Chapter 10 - Interest>Level of Difficulty>Q 29
Two equal sums were borrowed at 8% simple interest per annum for 2 years and 3 years respectively. The difference in the interest was ₹56. Find the sum borrowed.
MEDIUM
CAT
IMPORTANT
How to prepare for Quantitative Aptitude for the CAT>Chapter 10 - Interest>Level of Difficulty>Q 30
In what time will the simple interest on ₹1750 at 9% per annum, be same as that on ₹2500 at 10.5% per annum in 4 years?