MEDIUM
UGC NET Paper 1
IMPORTANT
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Two identical sums of money are invested in different banks offering the same rate of interest albeit one at simple interest and the other at compound interest compounded annually. If the difference in the interests earned in the second and third year are Rs.20 and Rs.24 respectively, find the principal amount and the rate of interest?

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Important Questions on Numerical Ability

EASY
UGC NET Paper 1
IMPORTANT
General Aptitude (Theory and Practice)>Chapter 1 - Numerical Ability>Practice set>Q 5
Preeti invested a sum of Rs.15000 at 9% per annum simple interest and Rs.12000 at 8% per annum compound interest for a period of 2years. What amount of interest did Preeti earn in 2years?
EASY
UGC NET Paper 1
IMPORTANT
General Aptitude (Theory and Practice)>Chapter 1 - Numerical Ability>Practice set>Q 6
A necklace is appraised at Rs. 6300. If the value of the necklace has increased at an annual rate of 7%, how much was it worth 15 years ago?
EASY
UGC NET Paper 1
IMPORTANT
General Aptitude (Theory and Practice)>Chapter 1 - Numerical Ability>Practice set>Q 7
What is the effective annual rate of interest payable half-yearly corresponding to a nominal rate of 6% per annum?
EASY
UGC NET Paper 1
IMPORTANT
General Aptitude (Theory and Practice)>Chapter 1 - Numerical Ability>Practice set>Q 8
If the interest is payable annually, then the principal amount on which the compound interest for 3years at 10% per annum is Rs.331, is given by:
EASY
UGC NET Paper 1
IMPORTANT
General Aptitude (Theory and Practice)>Chapter 1 - Numerical Ability>Practice set>Q 9
If the rate of interest be 4% per annum for the first year, 5% per annum for the second year and 6% per annum for a third year, then what will be the compound interest of Rs.10000 for 3years?
MEDIUM
UGC NET Paper 1
IMPORTANT
General Aptitude (Theory and Practice)>Chapter 1 - Numerical Ability>Practice set>Q 10
A sum of money placed at compound interest doubles itself in 5 years. In how many years, it would amount to 8 times of itself at the same rate of interest?
MEDIUM
UGC NET Paper 1
IMPORTANT
General Aptitude (Theory and Practice)>Chapter 1 - Numerical Ability>Practice set>Q 1
Rs. 530 is divided among Amit, Bijendra and Chandu such that Amit gets Rs. 70 more than Bijendra and Bijendra gets Rs. 80 more than Chandu. What is the ratio of Amit and Chandu?
MEDIUM
UGC NET Paper 1
IMPORTANT
General Aptitude (Theory and Practice)>Chapter 1 - Numerical Ability>Practice set>Q 2
In a mixture of 80 litres, milk and water are in the ratio 5:3. If 16 litre of this mixture is replaced by 16 litres of milk, what is the ratio of milk and water now?