Simple and compound interest
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- In the exam pattern: Computer Based Test (CBT), Arithmetic: 35 questions, 35 marks (RRB notice, 15 Apr 2024).
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Take a full mock →Q1 · Simple and compound interest · EASY
A sum of Rs 10,000 is invested at a simple interest rate of 8% per annum for 3 years. What is the total amount received at the end of the term?
Q2 · Simple and compound interest · MEDIUM
If the simple interest on a sum at 10% per annum for 2 years is Rs 4,000, what is the compound interest on the same sum for 2 years at the same rate, compounded annually?
Q3 · Simple and compound interest · MEDIUM
A certain sum amounts to Rs 12,100 in 2 years and Rs 13,310 in 3 years at a certain rate of compound interest compounded annually. What is the principal sum?
Q4 · Simple and compound interest · HARD
The difference between the compound interest (compounded annually) and the simple interest on a certain sum for 3 years at 10% per annum is Rs 155. What is the sum?
Q5 · Simple and compound interest · MEDIUM
A sum of money at simple interest amounts to Rs 9,800 in 5 years and to Rs 12,005 in 8 years. What is the rate of interest per annum?