Crack IBPS PO : Percentages day 54

Q.1) Raman Publishers buys a machine for Rs.50000. The rate of depreciation is 10%. Find the depreciated value of the machine after 4 years. What is the average rate of depreciation?

a) 6.6%

b) 7.6%

c) 8.6%

d) 9.6%

e) None of these

Q.2) A bank offers 10% interest rate compounded annually. A person deposits Rs.20,000 every year in his account. If he does not withdraw any amount, then how much balance will his account show after four years?

a) 102102

b) 103103

c) 104104

d) 105105

e) None of these

Q.3) David invests Rs.7956 in the bank X and Y, so that X’s amount at the end of 5 years is equal to Y’s amount at the end of 7 years at 10 percent compounded annually. Find the amount invested by David in bank Y.

a) 3500

b) 3600

c) 3700

d) 3800

e) None of these

Q.4) Messy borrows a certain sum from David at a certain rate of SI for 3 years. She lends this sum to Malar at the same rate of interest but compounded annually for the same period, that is 3 years. At the end of 3 years, she receives Rs.3300 as compound interest, but paid Rs.3000 as simple interest. What is the rate of interest? (Approximately)

a) 30%

b) 25%

c) 20%

d) 35%

e) None of these

Q.5) The simple interest on a certain sum of money for 4 years at 10% per annum is half the compound interest on Rs.24000 for 2 years at 25% per annum. The sum placed on simple interest is

a) 28894

b) 28794

c) 18694

d) 16875

e) None of these

Q.6) If compound interest on a sum for 4 years at 12% per annum is Rs.448062, then simple interest on the same sum at the same rate of interest and for the same period of time is?

a) 374549

b) 350045

c) 324560

d) 373459

e) None of these

Q.7) What is the difference between compound interests on Rs.20,000 for 1.5 years at 10% per annum compounded yearly and half-yearly?

a) 48.5

b) 50.5

c) 52.5

d) 54.5

e) None of these

Q.8) What annual payment will discharge a debt of Rs.7308 due in 3 years at the rate of 40% compound interest?

a) 1145

b) 4135

c) 4600

d) 4515

e) None of these

Q.9) A man borrowed Rs.30000 at 15% per annum simple interest and immediately lent the whole sum at 15% per annum compound interest. What does he gain at the end of 3 years?

a) 2129.25

b) 2126.25

c) 2122.25

d) 2222.25

e) None of these

Q.10) The principal amounts to Rs.27000 in 4 years at 20% per annum in compound interest. Then find the principle?

a) 13040.53

b) 13020.83

c) 14020.83

d) 14040.53

e) None of these