HARD
CAT
IMPORTANT
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What annual payment will discharge a debt of ₹808 due in 2 years at 2% per annum?

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Important Questions on Interest

MEDIUM
CAT
IMPORTANT
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?
MEDIUM
CAT
IMPORTANT
How to prepare for Quantitative Aptitude for the CAT>Chapter 10 - Interest>Level of Difficulty>Q 38
A sum of money doubles itself in 5 years. In how many years will it become four-fold, if the interest is compounded annually?
EASY
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?
HARD
CAT
IMPORTANT
How to prepare for Quantitative Aptitude for the CAT>Chapter 10 - Interest>Level of Difficulty>Q 40
A sum of money placed at compound interest doubles itself in 3 years. In how many years will it amount to 8 times itself?
MEDIUM
CAT
IMPORTANT
How to prepare for Quantitative Aptitude for the CAT>Chapter 10 - Interest>Level of Difficulty>Q 41
If the compound interest on a certain sum for 2 years is ₹21, what could be the simple interest?
MEDIUM
CAT
IMPORTANT
How to prepare for Quantitative Aptitude for the CAT>Chapter 10 - Interest>Level of Difficulty>Q 42
Divide ₹6000 into two parts so that simple interest on the first part for 2 years at 6% per annum may be equal to the simple interest on the second part for 3 years at 8% per annum.
HARD
CAT
IMPORTANT
How to prepare for Quantitative Aptitude for the CAT>Chapter 10 - Interest>Level of Difficulty>Q 43
Divide ₹3903 between Amar and Akbar such that Amar's share at the end of 7 years is equal to Akbar's share at the end of 9 years at 4% per annum rate of compound interest.
MEDIUM
CAT
IMPORTANT
How to prepare for Quantitative Aptitude for the CAT>Chapter 10 - Interest>Level of Difficulty>Q 44
A sum of money becomes 74 of itself in 6 years at a certain rate of simple interest. Find the rate of interest.