**Quantitative Aptitude **Practice Question and Answer

8 4## Answer : 4. "Rs. 28000"

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## Q: Mr. Shankar spends 25% of his monthly salary on household expenditure, 20% of the remaining on children’s education, and the remaining is equally invested in three different schemes. If the amount invested in each scheme is Rs.5600, what is the monthly salary of Shankar ? 525 05b5cc74fe4d2b4197774fb30

5b5cc74fe4d2b4197774fb30- 1Rs. 34000false
- 2Rs. 31245false
- 3Rs. 24315false
- 4Rs. 28000true

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## Answer : 4. "Rs. 28000"

Explanation :

Answer: D) Rs. 28000 Explanation: Let the monthly salary of Shankar be = Rs.xAmount invested on expenditure = 25% = x/4;Remaning amount = 3x/4;Amount invested on children education = 20% i.e = 3x/20;Remaining amount = 3x/4 - 3x/20 = 3x/5;Remaining amount invested in three different schemes i.e is 1/3(3x/5) => x/5 = 5600Therefore x = 28000Hence, Monthly salary of Shankar is Rs. 28,000.

## Q: What would be the compound interest obtained on an amount of Rs.1250 at the rate of 8 percent per annum after 2 years? 298 05d11ebe84702d75f768831e9

5d11ebe84702d75f768831e9- 1Rs.200false
- 2Rs.208true
- 3Rs.212false
- 4Rs.220false
- 5None of thesefalse

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## Answer : 2. "Rs.208"

## Q: What amount of compound interest can be obtained on the principal amount of Rs. 15800 at the rate of 6 percent per annum at the end of 2 years? 123 05d11edcb557b295f691f651c

5d11edcb557b295f691f651c- 1Rs 1,896false
- 2Rs.2012.48false
- 3Rs. 1952.88true
- 4Rs.1,956false
- 5None of thesefalse

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## Answer : 3. "Rs. 1952.88"

## Q: Find the compound interest on Rs.6250 at 12% per annum rate for one year if interest is calculated on half yearly basis. 98 05d11f65d4702d75f768831f9

5d11f65d4702d75f768831f9- 1Rs 772.50true
- 2Rs 772false
- 3Rs 662false
- 4Rs 663false
- 5None of thesefalse

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## Answer : 1. "Rs 772.50"

## Q: What will be Compound interest on Rs 2000 at 20% per annum rate for 1 year and 6 months, if interest is compounded on half-yearly basis. 76 05d11f269557b295f691f6529

5d11f269557b295f691f6529- 1Rs 665false
- 2Rs 656false
- 3Rs 662true
- 4Rs 663false
- 5None of thesefalse

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## Answer : 3. "Rs 662"

## Q: The simple interest accrued on an amount of Rs 15,000 at the end of three year is Rs 2,250. What would be the compound interest accrued on the same amount at the same rate in the same period? 107 05d11f893557b295f691f656a

5d11f893557b295f691f656a- 1Rs 8934.6784false
- 2Rs 8017.5744false
- 3Rs 7861.8754false
- 4Cannot be determinedfalse
- 5None of thesetrue

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## Answer : 5. "None of these"

## Q: A sum of money at compound interest amounts to thrice itself in three years. In how many years will it be 81 times itself? 91 05d11faf8557b295f691f6571

5d11faf8557b295f691f6571- 127false
- 29false
- 312true
- 415false
- 5None of thesefalse

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## Answer : 3. "12"

## Q: Sudhanshu invested Rs.15,000 at interest 10 percent at per annum for one year. If the interest is compounded every six months what amount will Sudhanshu get at the end of the year? 89 05d11fbd04702d75f76883236

5d11fbd04702d75f76883236- 1Rs. 16,537.50true
- 2Rs.16,500false
- 3Rs. 16,525.50false
- 4Rs.18,150false
- 5None of thesefalse

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## Answer : 1. "Rs. 16,537.50 "

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