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

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31.  In how many years does a sum of Rs. 5000 yield a simple interest of Rs. 16500 at 15% p.a.?

  • 22
  • 44
  • 11
  • 66
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32. A certain sum becomes Rs. 20720 in four years and 24080 in six years at simple interest. Find sum and rate of interest?

  • Rs. 14000; 12% p.a.
  • Rs. 15000; 12% p.a.
  • Rs. 13000; 12% p.a.
  • Rs. 12000; 12% p.a.
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33. A sum of money triples itself in twelve years at simple interest. Find the rate of interest?

  • 1200
  • 1400
  • 1600
  • None of these
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34. A certain sum is invested at simple interest at 18% p.a. for two years instead of investing at 12% p.a. for the same time period. Therefore the interest received is more by Rs. 840. Find the sum?

  • Rs. 7000
  • Rs. 3500
  • Rs. 14000
  • Rs. 7500
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35. An amount of Rs. 3000 becomes Rs. 3600 in four years at simple interest. If the rate of interest was 1% more, then what was be the total amount

  • Rs. 3720
  • Rs. 3700
  • Rs. 3740
  • Rs. 3780
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