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Compound Interest in Aptitude MCQ Quiz (Multiple Choice Questions And Answers)

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56. A sum of money lent out at S.I. amounts to Rs. 720 after 2 years and to Rs. 1020 after a further period of 5 years. The sum is?

  • Rs. 600
  • Rs. 1200
  • Rs. 300
  • Rs. 250
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57. A sum of money amounts to Rs. 9800 after 5 years and Rs. 12005 after 8 years at the same rate of simple interest. The rate of interest per annum is?

  • 0.12
  • 0.18
  • 0.16
  • 0.1
View Answer

58. At what rate percent of simple interest will a sum of money double itself in 12 years?

  • 0.0833333333333333
  • 0.08
  • 0.06
  • 0.12
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59. At what rate percent per annum will the simple interest on a sum of money be 2/5 of the amount in 10 years?

  • 0.04
  • 0.02
  • 0.08
  • 0.06
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60. In how much time would the simple interest on a certain sum be 0.125 times the principal at 10% per annum?

  • 1 1/4 years
  • 1 years
  • 2 years
  • 3 years
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