**Percentage Question Set 12**

**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. The effective annual rate of interest, corresponding to a nominal rate of 6% per annum payable half yearly at compound interest.

(a) 6.06%

(b) 6.07%

(c) 6.08%

(d) 6.09%

Q2. If x, y, z are three sum of money such that y is the simple interest on x and z is the simple interest on y for the same time and at the same rate of interest, then we have:

(a) x^2=xy

(b) xyz = 1

(c) x^2=y^2

(d) y^2=zx

Q3. At certain rate of simple interest Rs. 1600 amounted to Rs. 1840 in 5 years. If the rate of interest be decreased by 3%, what will be the amount after 5 years?

(a) 1720

(b) 1680

(c) 1600

(d) Not possible

Q4. The difference between the interest received from two different banks on 450 for 4 years is Rs. 18. Find the difference between their rates?

(a) 2%

(b) 1%

(c) 1.5%

(d) 3%

Q5. A sum of money lent out at simple interest amounts to Rs. 460 in 3 years while in 5 years it amount to Rs. 500. Find the rate of interest?

(a) 6%

(b) 5%

(c) 4%

(d) 3%

**Answers:**