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
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
2
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
3
Jack invested a sum of Rs 1000 at 10% per annum compound interest. She received an amount of Rs 1210 after n years. Find the value of n.
4
5
1000 workers were employed to construct a river bridge in four years. At the end of first year, 10% workers were retrenched. At the end of second year, 5% of the workers at that time were retrenched . However to complete the project in time the number of workers was increased by 10% at the end of third year. How many workers were working during the fourth year?
9520
9450
9405
9045
Find the rate per annum if Rs 2000 amount to Rs 2662 in years, interest being compounded half-yearly?
15%
20%
10%
25%
6
In what time will Rs 64000 amount to Rs 68921 at 5% per annum, interest being compounded half-yearly?
None of these
7
SHYAM deposited Rs. 75000 in a bank which pays him 16% interest per annum compounded quarterly. What is the amount which he receives after 3 months.
78000
76000
75000
70000
8
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
9
A sum of Rs.2000 is divided into two parts such that one part is invested at 10% p.a. simple interest and the second part at 15% p.a. simple interest . After 2years, if Rs.460 are received as interest.then the ratio of investment of first and second part is _________________
7:4
4:3
7:3
6:4
10
A lends a sum of money for 10 years at 5% simple interest, B lends double that amount for 5 years at the same rate of interest. Which of the following statement is true in this regard?
A will get twice the amount of interest that B would get
B will get twice the amount of interest that A would get
A and B will get the same amount as interest
B will get four times the aamount of interest that A would get
11
The bacteria in a culture grows by 10% in the first hour, decreases by 10% in the second hour and increases by 10% in the third hour.If the original count of the bacteria in a sample is 10000, find the bacteria count at the end of three hours.
10980
10890
1980
18090
12
Mr.Mittal finds that an increase in the rate of interest from per annum increases his yearly income by Rs.250 His investment is
Rs.1,00,000
Rs.1,20,000
Rs.1,50,000
Rs.2,00,000
13
If the simple interest on a certain sum for a period of three years at 4% per annum is Rs.48,then principal is:
Rs.550
Rs.500
Rs.450
Rs.400
14
What sum will become Rs 9826 in 18 months if the rate of interest is per annum and the interest is compounded half-yearly?
9646.54
9446.54
9466.54
966.54
15
A man borrows Rs.12500 from a bank at 20% compound interest. At the end of every year he pays Rs.2000 as part of repayment. How much does he still owe to the bank after three such instalments?
Rs.15600
Rs.12864
Rs.12000
Rs.14320
16
The difference between the compound interest and simple interest on a certain sum of money at 5% per annum for 2 years is Rs 50. Find the sum when the interest is compounded annually.
2000
20000
200
200000
17
Find the rate at which a sum of money will double itself in 3 years, if the interest is compounded annually.
25.88%
25.99%
52.99%
24.99%
18
If the rate of compound interest for the first, second and third year be 8%, 10% and 15% respectively, find the amount and the compound interest on $ 12,000 in 3 years.
$ 4,394.43
$ 4,394.46
$ 4,394.49
$ 4,394.40
19
In what time will Rs 800 become Rs 848 at 12% per annum interest compounded half-yearly?
12 months
6 months
18 months
16 months
20
An amount of 16000 is deposited in a bank at 20% p.a for 2 years and 3 months compounded per annum. Find the value of the relation
41756
44576
40576
41576