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  • 1.
    Kanhaiyalal is a local moneylender and he, in the presence of 5 villagers as witnesses, gives a personal loan of Rs. 18000 to Nargis at 10% p.a. compound interest. What is the ratio of the amount of 3rd year to that of 4th year?
    A. 8 : 9 B. 8 : 11
    C. 10 : 11 D. Can't be determined
    E. None of these
    Ans
    A
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  • 2.
    If a sum of money compounded annually becomes 1.44 times of itself in 2 years, then the rate of interest per annum is
    A. 25% B. 22%
    C. 21% D. 20%
    Ans
    D
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    mainly asked in :
    CGL Tier 2 2013

  • 3.
    A sum of money at compound interest amounts to thrice itself in 3 years. In how many years will it be 9 times itself ?
    A. 9 years B. 27 years
    C. 6 years D. 3 years
    Ans
    C
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    Moderate

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    mainly asked in :
    CGL Tier 2 2012

  • 4.
    If the compound interest on a sum for 2 years at 12 1 % p.a. is ₹ 510, the simple interest on the same sum at the same rate
    2
    for the same period of time is 
    A. ₹ 400 B. ₹ 450
    C. ₹ 460 D. ₹ 480
    Ans
    D
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    mainly asked in :
    CGL Tier 2 2014

  • 5.
    The compound interest on a certain sum of money for 2 years at 5% is ₹ 328, then the sum is
    A. ₹ 3000 B. ₹ 3600
    C. ₹ 3200 D. ₹ 3400
    Ans
    C
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