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Problems on Compound Interest- Quantitative Aptitude Questions: In this section you can learn and practice Quantitative Aptitude Questions based on "Compound Interest" and improve your skills in order to face the competitive examination and various entrance test (CAT, GATE, GRE, MAT, Bank Exam, Railway Exam etc.) with full confidence. You can easily solve all kind of Aptitude Questions based on Compound Interest by practicing the objective type exercises given below, also get shortcut methods to solve Questions on Compound Interest.
1- The Simple interest on a certain sum for 2 years at 10% per annum is Rs. 90. The corresponding compound interest is:
2- Manish earns an interest of Rs 1656 for the third year and Rs 1440 for the second year on the same sum. Find the rate of interest if it is lent at compound interest:
3- If the difference between the simple interest and compound interests on some principal amount at 20% for 3 years is Rs. 48, then the principal amount is
4- What sum invested for 2 years at 12% compounded annually will grow to Rs. 4390.40.....
5- A sum of money is borrowed and paid back in two annual instalments of Rs. 882 each allowing 5% compound interest. The sum borrowed was:
6- Divide Rs. 3903 between A and B, so that A's Share at the end of 7 years may equal to B's share at the end of 9 years, compound interest being at 4 percent.
7- Some money was lent on 4% C.I. If the difference in interest of second and the first year is Rs. 88, find out the sum
8- Vibhor borrows Rs 65,000 at 10% per annum simple interest for 3 years and lends it at 10% per annum compound interest for 3 years. Find his gain after three year.
9- A sum of money becomes Rs. 6690 after three years and Rs. 10035 after six years on compound interest. The sum is -
10- A sum of money at compound interest amounts to Rs. 578.40 in 2 years and to Rs. 614.55 in 3 years. The rate of interest per annum is