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Quantitative Aptitude Practice #5
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Question 1
If 2 kinds of grapes costing Rs 16 a kg and Rs 21 a kg are mixed in the ratio of 2:3, then find the cost of mixture per kg.
Question 2
If 15 litres of 20% alcohol is mixed with 12 litres of 24 % alcohol, then find the concentration of the resulting solution.
Question 3
Nikita invests Rs. 10,000 in an account that pays an annual rate of 3.96% compounding semi-annually. Approximately how much does she have in her account after two years?
Question 4
Diana invested Rs.61,293 in an account with a fixed annual percent of interest, compounding quarterly. At the end of five full years, she had Rs. 76,662.25 in principal plus interest. Approximately what was the annual percent rate of interest for this account?
Question 5
Parmod invests Rs. 1,00,000 in an account that pays 12% annual interest: the interest is paid once, at the end of the year. Manya invests Rs.1,00,000 in an account that pays 12% annual interests, compounding monthly at the end of each month. At the end of one full year, compared to Parmod’s account, approximately how much more does Manya account have.
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Nov 28CAT & MBA
