Competitive Exam

Interest question bank (Quantitative Aptitude)

Practice 397 free Competitive Exam Quantitative Aptitude - Interest questions with answers and step-by-step solutions.

Q1.

If the ratio of $C.I.$ and $S.I.$ interest for the same principal and rate of interest for $2$ years is $1.2,$ find the rate of interest (in $\%$).

(A)
$300$
(B)
$15$
(C)
$140$
(D)
$40$
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Q2.

Aditya invests $Rs. 50,000$ in a fixed deposit at $10 \%$ $C.I.$ for $2$ years. At the end of $2$ years,she puts the money in another deposit at $12 \%$ $S.I.$ for $3$ years. What was the final value (in $Rs.$) of the initial investment?

(A)
$80000$
(B)
$81280$
(C)
$82280$
(D)
$83280$
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