problems on simple interest and compound interest for bank exams

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Ramakant wants to earn Rs. 1500 interest on his deposits. He plans to buy a sack of grains with the interest. He puts Rs. 5,000 into his account that earns 2.5% interest. How long will he need to leave his money in the account to earn this interest that would help him buy the sack of grains ?

August 18, 2021

1 Min Read

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August 18, 2021

1 Min Read

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Answer : C . 12 years

Simple Interest

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Alok deposits Rs.5000 in his bank account for 5 years to earn an interest of 12%. What amount will he get after 5 years ?

August 18, 2021

1 Min Read

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August 18, 2021

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Answer : D . 8000

Simple Interest

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The simple interest earned on a certain amount is double the amount when invested for 10 years. What is the interest rate being offered ?

August 18, 2021

1 Min Read

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August 18, 2021

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Answer : B. 20%

Simple Interest

Editor

If the simple interest on a certain sum of money is 4/25 of the sum and the rate percent equals the number years, then the rate of interest per annum is ?

August 18, 2021

1 Min Read

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August 18, 2021

1 Min Read

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Answer : A. 4 %…

Simple Interest

Editor

Vijay invested Rs.50,000 partly at 10% and partly at 15%. His total income after a year was Rs.7000. How much did he invest at the rate of 10% ?

August 17, 2021

1 Min Read

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August 17, 2021

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Answer : A. 40,000…

Compound Interest

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A certain sum amounts to Rs. 7000 in 2 years and to Rs. 8000 in 3 years. Find the sum ?

August 17, 2021

1 Min Read

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August 17, 2021

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Answer : C. Rs 5359.37…

Compound Interest

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The ratio of the amount for two years under compound interest annually and for one year under simple interest is 6:5. When the rate of interest is same, then the value of rate of interest is ?

August 17, 2021

1 Min Read

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August 17, 2021

1 Min Read

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Answer : A. 20 %…

Compound Interest

Editor

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problems on simple interest and compound interest for bank exams

Ramakant wants to earn Rs. 1500 interest on his deposits. He plans to buy a sack of grains with the interest. He puts Rs. 5,000 into his account that earns 2.5% interest. How long will he need to leave his money in the account to earn this interest that would help him buy the sack of grains ?

Alok deposits Rs.5000 in his bank account for 5 years to earn an interest of 12%. What amount will he get after 5 years ?

The simple interest earned on a certain amount is double the amount when invested for 10 years. What is the interest rate being offered ?

If the simple interest on a certain sum of money is 4/25 of the sum and the rate percent equals the number years, then the rate of interest per annum is ?

Vijay invested Rs.50,000 partly at 10% and partly at 15%. His total income after a year was Rs.7000. How much did he invest at the rate of 10% ?

A certain sum amounts to Rs. 7000 in 2 years and to Rs. 8000 in 3 years. Find the sum ?

The ratio of the amount for two years under compound interest annually and for one year under simple interest is 6:5. When the rate of interest is same, then the value of rate of interest is ?

Which of the following graph indicates the graph of {(sin t, cos t):- π/2 ≤ t ≤ 0} in xy-plane ?

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problems on simple interest and compound interest for bank exams

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