Percentage Question Set 10

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Percentage Question Set 10

Hello Readers,

Percentage questions are asked in almost all competitive exams. They are followed by simple tricks and calculations, and cover about 2% of the paper marks. They also include questions from Compound Interest and Simple Interest. Here is a sample paper sheet of the missing number puzzle for your practice. Do give us a review.

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Q1. Two customers borrowed the same amount of money, one at C.I. and the other at S.I. If after 2 years, the interest payable by one was Rs 220 and by the other Rs 200, then what was the principal money lent to each one of them?
(a) Rs 450
(b) Rs 500
(c) Rs 550
(d) Rs 650
(e) Rs 600

Q2. Uday has deposited certain amount in the bank to earn C.I. at 10% per annum. The difference of the interest on the amount between 3rd and 2nd years is Rs 1,100. What amount has Uday deposited?
(a) Rs 100000
(b) Rs 110000
(c) Data inadequate
(d) Rs 105000
(e) Rs 115000

Q3. The difference between CI and SI on a sum for 2 years at 10% per annum when the interest is compound annually is Rs 16. If the interest were compounded half yearly the difference in the interest will be
(a) Rs 24.81
(b) Rs 31.61
(c) Rs 32.40
(d) Rs 26.90
(e) Rs 28.41

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Q4. The simple interest accrued on an amount of Rs. 14,800 at the end of three years is Rs. 6,216. What would be the compound interest accrued on the same amount at the same rate in the same period?
(a) Rs. 6986.1142
(b) Rs. 7042.2014
(c) Rs. 7126.8512
(d) Rs. 8321.4166
(e) Rs. 7216.8515

Q5. Uday invested Rs 20,000 with rate of interest 20% per annum. The interest was compounded half yearly for first one year and in the next year it was compounded yearly. What will be the total interest earned at the end of two years?
(a) Rs 8800
(b) Rs 9040
(c) Rs 8040
(d) Rs 8200
(e) Rs 8400

Also Read:

Answers:

1. (B)           2. (A)        03. (A)        4. (C)        5. (B)

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