Practice Question and Answer

Q:

If a sum of Rs. 12500 is invested for 1 year at 12% per annum interest being compounded semi-annually, then interest earned is

1387 0

  • 1
    1545
    Correct
    Wrong
  • 2
    1550
    Correct
    Wrong
  • 3
    1505
    Correct
    Wrong
  • 4
    1505
    Correct
    Wrong
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Answer : 1. "1545"

Q:

The compound interest on Rs. 1000 at 10% per annum for 3 years in (Rs.) is

1226 0

  • 1
    Rs. 1331
    Correct
    Wrong
  • 2
    Rs. 331
    Correct
    Wrong
  • 3
    Rs. 300
    Correct
    Wrong
  • 4
    Rs. 1300
    Correct
    Wrong
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Answer : 2. "Rs. 331"

Q:

Rs. 10,000 is being compounded at 20% per annum. Calculate the amount after 2 years if the rate of interest is charged half yearly.

1255 0

  • 1
    14600
    Correct
    Wrong
  • 2
    12500
    Correct
    Wrong
  • 3
    14642
    Correct
    Wrong
  • 4
    14641
    Correct
    Wrong
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Answer : 4. "14641"

Q:

The simple interest on a sum for 5 years is one fourth of the sum. The rate of interest per annum is

1323 0

  • 1
    5%
    Correct
    Wrong
  • 2
    6%
    Correct
    Wrong
  • 3
    4%
    Correct
    Wrong
  • 4
    8%
    Correct
    Wrong
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Answer : 2. "6%"

Q:

Wheat costing Rs. 30/kg, Rs. 35/kg and a third variety of wheat are mixed in the ratio of 3 ∶ 4 ∶ 2. If the mixture costs Rs. 34/kg, then what will be the cost (in Rs./kg) of the third variety of wheat?

1364 0

  • 1
    46
    Correct
    Wrong
  • 2
    42
    Correct
    Wrong
  • 3
    32
    Correct
    Wrong
  • 4
    38
    Correct
    Wrong
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Answer : 4. "38"

Q:

An alloy has Iron, Silver and Bronze in the ratio 7 : 2 : 3. Another alloy has Silver and Bronze in ratio 1 : 2. In what ratio should the two mixtures be mixed so that the ratio of Iron and Silver in resultant mixture is 5 : 3?

1657 0

  • 1
    2 : 1
    Correct
    Wrong
  • 2
    19 : 9
    Correct
    Wrong
  • 3
    20 : 11
    Correct
    Wrong
  • 4
    21 : 10
    Correct
    Wrong
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Answer : 3. "20 : 11 "

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Answer : 2. "1/5th part"

Q:

6 kg sugar costing Rs. 10/kg is mixed with 4 kg sugar costing Rs. 15/kg. What is the average cost of the mixture per kilogram?

1425 0

  • 1
    Rs. 10
    Correct
    Wrong
  • 2
    Rs. 13
    Correct
    Wrong
  • 3
    Rs. 12
    Correct
    Wrong
  • 4
    Rs. 15
    Correct
    Wrong
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Answer : 3. "Rs. 12"

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