Quantitative Aptitude Quiz 1

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Question 1

A man gave 50% of his savings of ₹ 84,100 to his wife and divided the remaining sum among his two sons A and B of 15 and 13 years of age respectively. He divided it in such a way that each of his sons, when they attain the age of 18 years, would receive the same amount at 5% compound interest per annum. The share of B was

• A₹ 20,000
• B₹ 20,050
• C₹ 22,000
• D₹ 22,050

Question 2

Sum of Rs. 13,360 was borrowed at per annum compound interest and paid back in two years in two equal annual installments. What was the amount of each instalment?

• ARs. 5,769
• BRs. 7,569
• CRs. 7,009
• DRs. 7,500

Question 3

Sum of Rs. 13,360 was borrowed at per annum compound interest and paid back in two years in two equal annual installments. What was the amount of each instalment?

• ARs. 5,769
• BRs. 7,569
• CRs. 7,009
• DRs. 7,500

Question 4

A certain amount of money at r%, compounded annually after two and three years becomes Rs. 1440 and Rs. 1728 respectively, r is

• A5
• B10
• C15
• D20

Question 5

The compound interest on ₹ 8, 000 at the rate of 10% per annum, compounded half yearly for years is

• A₹ 1,000
• B₹ 1,100
• C₹ 1,200
• D₹ 1,261

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