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Find the compound interest on Rs. 24,0000 for 2 years at 25%, interest being compounded annually.
is the principal invested? (1) Rs. 20,000 (2) Rs. 2,0000 (3) Rs. 22,000 (4) Rs. 2,400
(1) Rs. 37,500 (3) Rs. 13,500
When will Rs. 5000 amount of Rs. 7320.5 at 10% p.a. compound interest? (1) 18 months (2) 24 months (3) 30 months (4) 48 months
(2) Rs. 38,440 (4) Rs. 39,000
What will Rs. 40,000 amount to in 2 years at 20% p.a. interest, interest being compound half yearly? (1) Rs. 48,620 (2) Rs. 58,564 (3) Rs. 57,600 (4) Rs. 17,600
Rs. 9000 was borrowed at 20% p.a. compound interest to be repaid in two equal annual installments. What is the value of each installment? (1) Rs. 1980 (2) Rs. 5980 (3) Rs. 6472 (4) Rs. 5890
How much will Rs. 80,000 amount to in 2 years, at compound interest, if he rates for the successive years are 12% p.a. and 15% p.a.? (1) Rs. 97,600 (2) Rs. 104,440 (3) Rs. 103,040 (4) Rs. 24,440
Sheela borrowed a sum of money from Pramila and agreed to pay Rs. 3200 at the end of first year and Rs. 3740 at the end of second year at the rate of 10% p.a., interest being compounded annually. How much money did Sheela borrow? (1) Rs. 5000 (2) Rs. 4500 (3) Rs. 6000 (4) Rs. 3000
What sum of money will amount to Rs. 21,296 in 3 years at 10% p.a. compound interest? (1) Rs. 17,500 (2) Rs. 15,000 (3) Rs. 18,000 (4) Rs. 16,000 On what sum will the compound interest for 2 years at 15% p.a. be 6450? (1) Rs. 20,000 (2) Rs. 24,000 (3) Rs. 15,000 (4) Rs. 18,000
How long will it take a sum of money to double if it is invested at 6.67% p.a. S.I.? (1) 16 years (2) 14 years (3) 15 years (4) 12 years
At what rate percent per annum compound interest will Rs. 13,000 amount to Rs. 20,312.5 in two years? (1) 20% (2) 25% (3) 18% (4) 30%
Deleted Rs. 3000 invested in the year 2001 becomes Rs. 192,000 in the year 2025. If the amount earns compound interest during this period, what was the rate of interest in which it was invested? (1) 19% (2) 3% (3) 14% (4) 24%
The compound interest on a sum of money for 2 years s Rs. 880 and the simple interest on the same sum for the same period & at the same rate of interest is Rs. 800. What is the sum? (1) Rs. 4000 (2) Rs.1000 (3) Rs. 2000 (4) Rs. 2400
If a simple interest of Rs. 180 earned on an investment grows the money to Rs. 1080 at 5% p.a., how long was the amount invested? (1) 2 years (2) 4 years (3) 5 years (4) cannot be determined
Ram invests a certain sum of money at compound interest which becomes Rs. 4320 at he end of two years and further growth to s. 5184 at the end of three years. What is the principal invested (1) Rs. 3000 (2) Rs.4000 (3) Rs. 3600 (4) None of these
On what sum of money rate for 6 years does amount to Rs. 1188? (1) Rs. 792 (3) Rs. 10,800
The compound interest, compounded annually, on an investment for the second year is Rs. 2420 and for the third year is Rs. 2662. What
lent out at 11% p.a. the simple interest (2) Rs. 1782 (4) Rs. 1800
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For more visit: www.thinkinc.in/sscpapers.html If the rate % and the time for which an amount is invested are the same and the simple interest amounts to one-ninth of the principal, what is the time for which the sum was invested? (1) 5 years (2) 4 years (3) 3 yrs & 3 months (4) None of these
them each the age of 18 years. The father instructed that the original amount of Rs. 71 lakhs be invested at 10% p.a. simple interest. How much did the elder daughter get at the time of the will? (1) Rs. 31 lakhs (2) Rs. 49 lakhs (3) Rs. 39 lakhs (4) Rs. 35.5 lakhs
When a certain sum of money is invested for a certain time at 8% p.a. simple interest, it amounts to Rs. 200. If he same principal is invested for the same duration at 10% p.a. simple interest, it amounts to Rs. 212.50. What is the duration for which it was invested? (1) 5 years 4 months (2) 3 years 9 months (3) 4 years 2 months (4) cannot be determined
The difference between the simple interest and compo9und interest on a certain sum of money invested at 10% p.a. for 2 years amounts to Rs. 5.5. What was the original, sum of money invested? (1) Rs. 1100 (2) Rs. 605 (3) Rs. 500 (4) Rs. 550 The simple interest on a certain sum of money invested at a certain rate of 2 years amounts to Rs. 1200. The compound interest on the same sum of money invested at the same rate of interest p.a. for 2 years amount to Rs. 1290. What was the principal invested? (1) Rs. 16,000 (2) Rs. 18000 (3) Rs. 4000 (4) Rs. 6000
A sum of money invested at simple interest amounts to Rs. 1740 at the end of three years and to Rs. 2820 at the end of another 6 years. What is the rate of interest? (1) 54.54% (2) 36.36% (3) 12.5% (4) 15% A merchant borrowed a total of Rs. 6000 from two lenders. He paid interest at the rate of 6% p.a. to one of them and 8% p.a. to the other. If the total interest he paid for two year was Rs . 900, how much did he borrow at 8% rate? (1) Rs. 2400 (2) Rs. 4500 (3) Rs. 1800 (4) Rs. 5400
A certain sum of money invested at compound interest earns an interest of Rs. 630 at the end of two years and Rs. 993 at he end of three years. What is the rate of interest? (1) 10% (2) 20% (3) 15% (4) cannot be determined
A certain sum of money was invested at a certain rate of simple interest for 6 year. Had it been invested at 3% higher rate, it would have yielded Rs. 810 more. What was the principal that was invested? (1) Rs. 27000 (2) Rs. 18000 (3) Rs. 1080 (4) Rs. 4500
A certain sum of money invested in compound interest grows to 1.5625 times in two years. If the sum were invested in simple interest, then how long will it take for the sum of money to treble? (1) 4 years (2) 8 years (3) 12 years (4) 16 years
One-fourth of a sum of money was invested at 5%, one-sixth of it was invested at 6%, oneninth of it at 7% and the balance at 10% p.a. simple interest. If the simple interest for 2 years from all these four investments amounts to Rs. 2790, what was the principal invested? (1) 9000 (2) 36000 (3) 18000 (4) 24000
Two friends Ram and Sita invest equal sums of money at a certain rate of invest. While Ram’s
investment is in a simple interest instrument, Sita invests in a compound interest instrument. At the end of year 2 the interest earned by Sita is Rs. 25 more than that of Ram and at end of year 3, the gap widens to Rs. 77.5. What was the principal that each of them invested? (1) Rs. 5000 (2) Rs. 500 (3) Rs. 2500 (4) Rs. 1250
If Rs. 120 invested at a certain rate of simple interest amount to Rs. 144 at the end of 3 years. How much will Rs. 15 amount to at the same rate of interest in 5 years? (1) Rs. 20 (2) Rs. 15.50 (3) Rs. 65 (4) None of these
Deleted The compound interest, compounded annually, on an investment for the second year is Rs. 330 and for the third year is Rs. 363. What is the rate of interest?
A father left a will of Rs. 71 lakhs between his two daughters aged 8.5 and 12 year such that they may get equal amounts when each of
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For more visit: www.thinkinc.in/sscpapers.html (1) 15% (3) 20%
(2) 10% (4) 18%
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What sum of money lent at 18.18% p.a. simple interest for 6 years amounts to Rs. 16,100? (1) Rs. 5735 (2) Rs. 7700 (3) Rs. 8400 (4) Rs. 6600
.
When a certain sum of money is invested for a certain time at 25% p.a., simple interest it amounts to Rs. 21,000. If the same principal is invested for the same duration at 15% p.a. simple interest, it amounts to Rs. 17,400. What was the principal invested. (1) Rs. 9000 (2) Rs. 14,000 (3) Rs. 12,000 (4) None of these
.
.
(2)
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At what rate % p.a. interest will Rs. 14,000 earn a cumulative interest of Rs. 9,600 in 12 months, interest being compounded halfyearly? (1) 15% p.a. (2) 30% p.a. (3) 60% p.a. (4) 25% p.a.
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Which one of the following statements is false ? (1)
The compound interest on a sum of money for a period exceeding 1 year (if it is compounded annually) will always be higher than the simple interest at the same rate for the same period.
The compound interest on a sum for a period 2 years at a rate of interest less than 1%, but greater than 0% p.a. will be less than the simple interest on the sum for 2 years at the same rate of interest. (3) Greater the frequency of compounding, higher is he interest earned for a given sum at a given rate for a given period of time. (4) The amount of interest earned on the interest component of an investment will exceed the amount of interest earned on the principal eventually if invested in compound interest. A sum of money placed at compound interest doubles itself in 5 years. In how many years will it become 256 times the original value? (1) 15 years (2) 40 years (3) 21 years (4) 20 years Sriram bought a car in the year 1996 for Rs. 300,000. The rate of depreciation per year 25%. What will be the value of the car in the year 1999, of the depreciation method followed is that of written down value (i.e. each depreciation is computed on the balance value of the car). (1) Rs. 1,26,562.5 (2) Rs. 1,73,437.5 (3) Rs. 1,68,750 (4) Rs. 1,44,675
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: Most of the publishing companies like Arihant, Kiran , Upkar, Paramount etc are just busy in making money only. Candidate who is working hard and dedicatedly for SSC- CGL can easily analyse that the Maths Mock Practice Set provided by this publishers are not up to the level of SSC-CGL. Ultimately it happens that student get cheated when they appear for exam as the level of paper is higher than they had expected. I have personally analyzed that none of the practice set available in the market is up to the level of CGL-2012 paper. As per my talk with one of Ex SSC officials, In SSC major focus is given to put up different type questions in the examination, especially when it comes to CGL .While making paper their main is to make a question paper which consist 25% of the repeated questions from any of the previous Exams or similar exams and rest new questions (of any difficulty)., they want to test the ability of the aspirant to tackle new question. If you look at the Tier -2 Maths paper of SSC CGL-12, you will find that most of the questions are new to you though they are easy yet time taking. Extra time spent on this question is just because of the lack of practice of similar questions or may be because of lack of aptitude to solve new question. What it comes to my notice that most of the time students lack in proper study material as they are overtaken by archaic publisher ; Books claiming to be of SSC level in the market are really not as per the level of CGL. If you look at the SSC books provided by Arihant , Rs aggarwal , Kiran and Upkar you will find that this book is for the beginners not for the strong contestant of CGL, these books contain questions of old times which are outdated now. Some of these books also have errors, which sometimes are frustrating to candidate. Thus I personally recommend solving different types of questions regularly and noting it down in your note book, this is the only approach which few toppers of SSC CGL- 2012 applied to get success. You may find different type of questions from previous year of cat papers and books. -Rahul K. Gupta
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