GENERAL INSTRUCTIONS (Please read the following instructions very carefully)
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.
3. Do not refresh or back page.
4. Do not click the button Submit Test before completing the paper on Answer Sheet.
5. This is a ONE TIME attempt test. Once started, it cannot be reversed or attempted again.
6. Take photo of all the Sheets and make single pdf file.
1
Ramesh deposited Rs. 7500 in a bank which pays him 12% interest per annum compounded quarterly. What is the amount which he receives after 9 months?
8195.22
8995.45
8195.40
8195.45
2
If certain sum of money was deposited for 5 years at 10% simple interest and amounted to Rs.6000, then the value of amount deposited was _________________
Rs 4000
Rs 2500
Rs 1000
Rs 680
3
A sum of money triples itself 15 years 6 months. In how many years would it double itself?
6 years 3 month
7 years 9 month
8 years 3 months
9 years 6 months
4
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
5
A factory increased its production of three wheelers from 80000 in 1999 to 92610 in 2002. Find the annual rate of growth of production of three wheelers.
15%
25%
10%
5%
6
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
7
Rahim buys a house and pays Rs.8000 cash and Rs. 9600 at 5 years credit at 4% per annum simple interest. Then the cash price of the house __________ :
Rs.10,000
Rs.9,600
Rs.17,000
Rs.16,000
8
In what time will Rs.72 become Rs.81 at p.a SI?
2years
none of these
9
Find the rate percent per annum if Rs 2000 amount to Rs 2662 in years, interest being compounded half-yearly?
10
The difference between the compound interest and simple interest on a certain sum of money at 5% per annum for 2 years is Rs 700. Find the sum when the interest is compounded annually.
2,80,000
28000
2800
28080