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?
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.?
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?
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?
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 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?
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?
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?
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 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
