Percentage Question Set 11

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.

Q1. A man wants to invest Rs. 3900 in account of his two sons who are 14 years and 16 years old in such a way that they will get equal amount at the time of attaining the age 18 years. If rate of interest per annum is 10% then find the amount he deposit in account of his younger son?
(a) 1500
(b) 1200
(c) 1900
(d) 1800

Q2. A certain sum of money amounts of 5000 in five years at 10% per annum. In how many years will it amount to 6000 at the same rate?
(a) 8 years
(b) 6 years
(c) 10years
(d) 9 years

Q3. A man had 2000, part of which he lent at 5% and the rest at 4% the whole annual interest was 92. How much did he lent at 5%
(a) 1200
(b) 800
(c) 700
(d) 1300

Q4. A sum of money becomes five times at the simple interest rate of 8% per annum. At what % will it become seven fold at same time.
(a) 6%
(b) 10%
(c) 12%
(d) 14%

Q5. If Rahim deposited the same amount of Rs. x in a bank at the beginning of successive 3 years and the bank pays compound interest at 5% per annum, then the amount at his credit at the end of 3rd year will be?
(a) 861x/400
(b) 1261x/400
(c) 21x/20
(d) 26481x/8000

Answers:

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