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Quant Quiz for SBI Clerk 2016 Exam

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Question 1

The compound interest of two years on a certain sum at a certain rate of interest is Rs. 104 and simple interest on the same sum and at the same rate of interest for the same time period is Rs. 100. Find the approximate difference between compound and simple interest on the same sum for three years at the same rate of interest.

Question 2

The simple interest accrued on a certain sum is Rs. 7200 in 6 years at the rate of 12% per annum. What would be the compound interest accrued on the same principal in 2 years at the rate of 8% per annum compounded annually?

Question 3

The compound interest accrued on an amount of Rs. 10000 at the end of two years is Rs. 2544. What would be the simple interest accrued on the same amount at the same rate at the end of four years?

Question 4

Praveen has taken a certain amount as loan at 3% per annum compounded annually and immediately lent it to his friend at 5% compounded half yearly. At the end of year he gets a profit of Rs 330. How much amount Praveen had taken as loan?

Question 5

Find the difference between the compound interest on Rs 5000 for 1 year at 4% per annum compounded yearly and half yearly.

Question 6

Veena obtained an amount of Rs. 8376 as simple interest on a certain amount at 8 p.c.p.a. after six years. What is the amount invested by Veena?

Question 7

Directions: Study the following graph and answer the questions.

Description: Description: Description: https://img2.gradestack.com/user_files/1/23237/images/Quantitative-Section-Test-3_files/image001.png
Number of candidates in Lacs
What is the ratio of number of candidates applying for bank B in 2006 and 2008 ?

Question 8

Prachi deposits an amount of Rs. 78,000 to obtain a simple interest at the rate of 13% p.a. for 3 years. What total amount will Prachi get at the end of 3 years?

Question 9

At what rate will a man get a simple interest of Rs 1,071 on a principal of Rs 2,550 in 3 years?

Question 10

The simple interest accrued in four years on a principal of ₹ 18,000 is one-fifteenth the principal. What is the rate of simple interest p.c.p.a? (Rounded off two digits after decimal)
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Mar 2PO, Clerk, SO, Insurance