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Vinay deposited ₹8000 in ICICI bank, which pays him 12% interest per annum compounded quarterly. What is the amount that he receives after 15 months?

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Important Questions on Interest

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CAT
IMPORTANT
How to prepare for Quantitative Aptitude for the CAT>Chapter 10 - Interest>Level of Difficulty>Q 20
What is the rate of simple interest for the first four years, if the sum of ₹360 becomes ₹540 in 9 years and the rate of interest for the last 5 years is 6%?
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CAT
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How to prepare for Quantitative Aptitude for the CAT>Chapter 10 - Interest>Level of Difficulty>Q 21
Harsh makes a fixed deposit of ₹20000 with the Bank of India for a period of 3 years. If the rate of interest be 13% SI per annum charged half-yearly, what amount will he get after 42 months?
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CAT
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How to prepare for Quantitative Aptitude for the CAT>Chapter 10 - Interest>Level of Difficulty>Q 22
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.
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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%?
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CAT
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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?
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CAT
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How to prepare for Quantitative Aptitude for the CAT>Chapter 10 - Interest>Level of Difficulty>Q 34
Raj lent ₹400 to Ajay for 2 years and ₹100 to Manoj for 4 years and together received ₹60 as simple interest from both of them. Find the rate of interest.
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CAT
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How to prepare for Quantitative Aptitude for the CAT>Chapter 10 - Interest>Level of Difficulty>Q 37
A sum of money becomes 4 times at simple interest in 10 years. What is the rate of interest?
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CAT
IMPORTANT
How to prepare for Quantitative Aptitude for the CAT>Chapter 10 - Interest>Level of Difficulty>Q 39
The difference between the simple interest received from two different banks on ₹400 after 2 years is ₹4. What is the difference between their rate of interest?