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

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26. A person lent a certain sum of money at 4% per annum at simple interest and in 8 years the interest amounted to Rs.340 less than the sum lent. What was the sum lent?

  • Rs.500
  • Rs. 1000
  • Rs. 1500
  • Rs. 2000
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27. If Rs.450 amount to Rs.540 in 4 years, what will it amount to in 6 years at the same rate % per annum?

  • Rs.585
  • Rs. 580
  • Rs. 600
  • Rs. 590
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28. Rs.800 amounts to Rs.920 in 3 years at simple interest. If the interest is increased by 3%, it would amount to how much?

  • Rs.992
  • Rs. 998
  • Rs. 1000
  • Rs.
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29. What amount does Kiran get if he invests Rs. 18000 at 15% p.a. simple interest for four years?

  • Rs. 28800
  • Rs. 28000
  • Rs. 28700
  • Rs. 30000
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30. How much interest can a person get on Rs. 8200 at 17.5% p.a. simple interest for a period of two years and six months?

  • Rs. 3587.50
  • Rs. 3500
  • Rs. 3580
  • Rs. 8507
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