GJ Police PC · Quantitative Aptitude
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Simple and Compound Interest
SI, CI and applied interest calculations.
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5 practice questions for GJ Police PC with instant answers — no signup, ~3 minutes.
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Take a full mock →Q1 · Simple and Compound Interest · EASY
A person borrows Rs. 8,000 at 10% simple interest per annum. What amount will he have to pay after 3 years to clear the debt?
Q2 · Simple and Compound Interest · MEDIUM
A sum of Rs. 12,000 is invested at 8% per annum compound interest compounded annually. What will be the amount after 2 years?
Q3 · Simple and Compound Interest · MEDIUM
The difference between compound interest and simple interest on a sum of money at 10% per annum for 2 years is Rs. 50. What is the principal amount?
Q4 · Simple and Compound Interest · HARD
A certain sum amounts to Rs. 7,350 in 2 years and Rs. 8,575 in 3 years at compound interest compounded annually. What is the rate of interest per annum?
Q5 · Simple and Compound Interest · HARD
A sum of money becomes ₹8,820 in 2 years and ₹9,261 in 3 years at compound interest compounded annually. What is the rate of interest?