Wednesday 31 August 2016

Compound Interest related Aptitude Questions for Punjab National Bank

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Compound Interest related aptitude questions for Punjab National Bank. Punjab National Bank previous year question papers with solved answers. Solved question papers for punjab national bank Po clerk exams.

1. What will be the compound in terest accrued on a principal of Rs. 32,500 at   the rate of 5 p.c.p.a.
after a period of 2 years ?
(1) Rs. 3332.78   (2) Rs. 3335.35    (3)Rs. 3333.27   (4)Rs. 3331.25    (5) None of these

2. What would be the compound interest obtained on an amount  Rs. 4.000 at the rate of 12 p.c.p.after 2 years ?
(1) Rs.1,019.5   (2) Rs. 1,017.6     (3)Rs. 1,013.4     (4) Rs. 1,016.8      (5) None of these

3. What will be the compound interest accrued on a principal amount of  Rs. 12000 at the rate
of 4 p.c.p.a. after a period of 2 years ?
(1) Rs. 971.5   (2) Rs. 973.4    (3) Rs. 979.2    (4) Rs. 975.9      (5) Rs. 61

4. The simple interest accrued on a sum of certain principal is Rs.2,000 in five years at the rate of 4 p.c.p.a. What would be the compound interest accrued on same principal at same rate in two years ?
(1) Rs. 716        (2)Rs. 724          (3) Rs. 824           (4) Rs. 816              (5) None of these

5. The simple interest accrued on a sum of certain principal is 6500 in eight years at the rate of 13 per cent per year What would be the compound interest  accured on that principal at the rate  of 8 per cent per year in 2 years?
(1)Rs. 1040          (2) Rs. 1020       (3) Rs. 1060          (4) Rs. 1200           (5) None of these

6. The simple interest accrued on a sum of certain principal is % 7,200 in six years at the rate of 12 p.c.p.a. What would be the compound interest accrued on that principal at the rate of 5 p.c.p.a. in.2 years?
(1) Rs. 1,020           (2) Rs. 1,055            (3)Rs. 1,050             (4) Rs. 1,025           (5) None of these

7. Mr Mehra invests an amount of Rs 18,000 to obtain a simple interest at the rate of 15 p.c.p.a. for 6 years. What total amount will Mr Mehra get at the end of 6 years?
1) Rs 33,500        2) Rs 35,000       3) Rs 34,000     4) Rs 34,200       5) None of these

8. What will be the simple interest earned on an amount of Rs 988 @ 18 p.c.p.a. at the end of 5 years?
1) Rs 711.36        2) Rs 898.2        3 )Rs 799.25       4) Rs 805.40        5) None of these

9. Manish borrowed a sum of Rs 1,150 from Anil at the simple rate of 6 p.c.p.a. for 3 years. He then added some more money to the borrowed sum and lent it to Sunil for the same time at 9 p.c.p.a. at simple interest. If Manish gains Rs 274.95 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 Sunil?
l)Rs 1,290        2)Rs 1,785       3)Rs 1,285      4)Rs 1,200      5) None of these

10. The simple interest accrued on an amount of Rs 84,000 at the end of three years is Rs 30,240. What would be the compound interest accrued on the same amount at the same rate in the same period?
1)Rs 30,013.95        2)Rs 31,013.95       3)Rs 32,013.95      4)Rs 33,013.95        5) Rs 34,013.95
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