1. The simple interest accrued on an amount of ₹ 45000/- after 2 years at a certain rate of interest is 13500/-. What will be the compound interest accrued on the same amount in the same number years at the same rate of interest?
(a) ₹ 14,512.50
(b) ₹ 14,521.80
(c) ₹ 14,518.30
(d) ₹ 14,515.90





2. The simple interest accrued on a sum of certain principal is ₹ 2000/- in five years at the rate of 4 p.c.p.a. what would be the compound interest accrued on same principal at same rate in two years?
(a) 705
(b) 726
(c) 895
(d) 816




3. The difference between the amount of compound interest and simple interest accrued on an amount of ₹ 26,000 at the end of 3 years is ₹ 2994.134. What is the rate of interest p.c.p.a.?
(a) 22
(b) 17
(c) 19
(d) 24





4. Shikhar borrowed some money at the rate of 4 p.c.p.a. for the first three years, at the rate of 8 p.c.p.a. for the next two years and at the rate of 9 p.c.p.a. for the period beyond 5 years. If he pays a total simple interest of ₹ 19550 at the end of 7 years, how much money did he borrow?
(a) ₹ 39,500
(b) ₹ 42,500
(c) ₹ 41,900
(d) ₹ 43,500





5. Rhea purchased a smartphone for ₹ 6200/- and sold it at loss of 25 percent. With that amount she purchased another smartphone and sold it at a gain of 30 percent. What was her overall gain/loss?
(a) Loss of ₹ 165/-
(b) Profit of ₹ 165/-
(c) Loss ₹ 155/-
(d) Profit of ₹ 155/-





6. Manpreet purchased a notebook for ₹ 9,600/- and sold it for loss of 5 percent. From that money he purchased another notebook and sold it for gain of 5 percent. What is her overall gain/loss?
(a) Loss of ₹ 36/-
(b) Profit of ₹ 24/-
(c) Loss of ₹ 24/-
(d) Profit of ₹ 36/-





7. Babu purchased 100 pieces of an article at the rate of ₹ 480/- per piece. He then listed the price so as to gain a profit of 25%. While selling the articles he offered a discount of 5%. What is the percentage of profit earned in the deal?
(a) 20.31
(b) 15.64
(c) 15.00
(d) 18.75




8. Profit earned by a bank is distributed among officers and clerks in the ratio of 5 : 3 respectively. If the number of officers is 45 and the number of clerks is 80 and the amount received by each officer is ₹ 25,000/- what was the total amount of profit earned?
(a) ₹ 22 lakhs
(b) ₹ 18.25 lakhs
(c) ₹ 18 lakhs
(d) ₹ 23.25 lakh





9. Flipkart labelled the price of apparels so as to earn a profit of 30% on the cost price. Then they sold the apparels by offering a discount of 10% on the labelled price. What is the actual percent profit earned in the deal?
(a) 17%
(b) 15%
(c) 20%
(d) 23%




10. Pritam purchased a bike for ₹ 54000/- and he sold it at a loss of 8 percent. With that money he again purchased another bike and sold it at a profit of 10 percent. What is his overall loss/profit?
(a) Loss of ₹ 657/-
(b) Profit of ₹ 567/-
(c) Loss of ₹ 648/-
(d) Profit of ₹ 648/-





This quiz only has profit & loss problems and it is clerical and chsl level.




Books For 2015 Banking/Insurance Exams