Compound Interest in Aptitude MCQ Quiz (Multiple Choice Questions And Answers)
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36. A certain sum becomes four times itself at simple interest in eight years. In how many years does it become ten times itself?
- Rs. 120
- Rs. 580
- Rs. 145
- None of these
- 0.414
- 0.4
- 0.42
- 0.45
38. Vijay lent out an amount Rs. 10000 into two parts, one at 8% p.a. and the remaining at 10% p.a. both on simple interest. At the end of the year he received Rs. 890 as total interest. What was the amount he lent out at 8% pa.a?
- Rs. 5500
- Rs. 5000
- Rs. 4500
- Rs. 4000
39. Anil invested a sum of money at a certain rate of simple interest for a period of five years. Had he invested the sum for a period of eight years for the same rate, the total intrest earned by him would have been sixty percent more than the earlier interest amount. Find the rate of interest p.a.
- 120
- 150
- data inadequate
- Cannot be determined
40. Manoj borrowed Rs.3450 from Anwar at 6% p.a. simple interest for three years. He then added some more money to the borrowed sum and lent it to Ramu for the same time at 9% p.a. simple interest. If Manoj gains Rs.824.85 by way of interest on the borrowed sum as well as his own amount from the whole transaction, then what is the sum lent by him to Ramu?
- Rs.5,355
- Rs. 5000
- Rs. 1500
- Rs. 5300
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