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1. Question marks are mentioned with each Question.
2. Please write neat and clean hand-writing on Answer Sheet. Use Margin on right side and left side of Answer Sheet.
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5. This is a ONE TIME attempt test. Once started, it cannot be reversed or attempted again.
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1
Roger bought a refrigerator for $ 4000 on credit. The rate of interest for the first year is 5% and of the second year is 15%. How much will it cost him if he pays the amount after two years ?
2344
4830
6609
4450
2
The value of a residential flat constructed at a cost of Rs 100000 is depreciating at the rate of 10% per annum. What will be its value 3 years after construction?
Rs 7290
Rs 70900
Rs 72900
Rs 729
3
Ram deposited Rs. 8000 in a bank which pays him 12% interest per annum compounded quarterly. What is the amount which he receives after 3 months.
8240
8860
8122
8244
4
Find the amount of $12,500 for 2 years compounded annually, the rate if interest being 15 % for the 1st year and 16 % for the second year.
16,675
16,674
19,675
46,675
5
The value of a property increases every year at the rate of 5%. If its value at the end of 3 years of be Rs 411540, what was its original value at the beginning of these years?
35550.72
35050.72
35505.72
6
Rahul took Rs 1,000 loan for 12 months and it says "5% per annum", how much did Rahul pay back if the interest is compounded annually?
1050
1,126
1,126.33
1,176
7
The population of a town 2 years ago was 62500. Due to migration of cities, it declares every year at the rate of 4% per annum. Find its present population.
5760
56700
57600
507600
8
Find the compound interest on an amount of Rs 7000 at rate of interest 10 % when time period is 1 year 6 months. The amount is compounded annually
1085
8085
1185
1285
9
At what rate percent compound interest per annum will Rs 640 amount to Rs 774.40 in 2 years?
15%
5%
10%
20%
10
What sum will become Rs 9826 in 18 months if the rate of interest is per annum and the interest is compounded half-yearly.
9688.19
9608.19
9808.19
9600.19
11
In how many years will a sum of Rs. 800 at 10% per annum compounded semi - annually become Rs. 926.10 ?
12
Find the amount after two years compounded annually when rate of interest for first year is 5 % and 10 % for the next year when the principal is Rs 3000.
Rs 3645
Rs 3465
Rs 3065
none of these
13
Find the compound interest on Rs. 12000 for 3 years at 10% p.a. compounded annually.
3972
3565
6586
4587
14
The cost of a T.V set was quoted Rs 17000 at the beginning of 1999. In the beginning of 2000 the price was hiked by 5%. Because of decrease in demand the cost was reduced by 4% in the beginning of 2001. What is the cost of the T.V. set in 2001?
17136
17316
17116
15
24000 blood donors were registered with a charitable hospital. The number of donors increased at the rate of 5% every six months. Find the time period at the end of which the total number of blood donors becomes 27783.