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Compound Interest in Aptitude MCQ Quiz (Multiple Choice Questions And Answers)

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71. David invested certain amount in three different schemes. A, B and C with the rate of interest 10% p.a., 12% p.a. and 15% p.a. respectively. If the total interest accrued in one year was Rs. 3200 and the amount invested in scheme C was 150% of the amount invested in scheme A and 240% of the amount invested in scheme B, what was the amount invested in scheme B?

  • Rs. 5000
  • Rs. 10000
  • Rs. 2000
  • Rs. 5500

72. A person invested in all Rs. 2600 at 4%, 6% and 8% per annum simple interest. At the end of the year, he got the same interest in all the three cases. The money invested at 4% is?

  • Rs. 1200
  • Rs. 2400
  • Rs. 1400
  • Rs. 600

73. Divide Rs. 2379 into 3 parts so that their amounts after 2, 3 and 4 years respectively may be equal, the rate of interest being 5% per annum at simple interest. The first part is?

  • Rs. 828
  • Rs. 820
  • Rs. 800
  • Rs. 412

74.  A sum of money will double it set in 16 years at simple interest with a yearly rate of:

  • 0.0625
  • 0.06
  • 0.05
  • 0.03

75. Rs. 800 amounts to Rs. 920 in 3 years at simple interest if the interest rate is increased by 3 %, it would amount to how much?

  • Rs. 992
  • Rs. 1000
  • Rs. 500
  • Rs. 1051