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

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11. A sum of money deposited at C.I. amounts to Rs.2420 in 2 years and to Rs.2662 in 3 years. Find the rate percent?

  • 0.1
  • 0.2
  • 0.05
  • 0.15
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12. Find the sum lend at C.I. at 5 p.c per annum will amount to Rs.441 in 2 years?

  • Rs.400
  • Rs. 200
  • Rs. 100
  • Rs. 800
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13. A property decreases in value every year at the rate of 6 1/4% of its value at the beginning of the year its value at the end of 3 years was Rs.21093. Find its value at the beginning of the first year?

  • Rs.25600.24
  • Rs. 25000
  • Rs. 50000
  • Rs. 6000
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14.  Find the least number of complete years in which a sum of money put out at 25% compound interest will be more than double of itself?

  • 4 years
  • 2 years
  • 8 years
  • 12 years
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15. The difference between simple interest and C.I. at the same rate for Rs.5000 for 2 years in Rs.72. The rate of interest is?

  • 0.12
  • 0.24
  • 0.06
  • 0.03
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