CAT, CMAT, XAT, MAT, GMAT, IIFT, SNAP, NMAT By GMAC, ATMA, IBSAT, TS ICET, AP ICET, JEMAT, MAH MBA CET, B-MAT, NIPER JEE MBA, CUSAT CAT, TISSNET, MICAT, KIITEE Management, UPES MET, Karnataka PGCET, KMAT, TANCET, IRMASAT Solved Practice Questions (QA) - Part 1

CAT Solved Practice Questions | Quantitative Aptitude (QA) | Part 1

Chapter - Interest
Difficulty Level of Questions - 1 (Out of 3)

Q.1. Find the compound interest on ₹ 1000 at the rate of 20% per annum for 18 months when interest is compounded half-yearly.

A. ₹ 331

B. ₹ 1331

C. ₹ 320

D. ₹ 325

Solution:-

CAT, CMAT, XAT, MAT, GMAT, IIFT, SNAP, NMAT By GMAC, ATMA, IBSAT, TS ICET, AP ICET, JEMAT, MAH MBA CET, B-MAT, NIPER JEE MBA, CUSAT CAT, TISSNET, MICAT, KIITEE Management, UPES MET, Karnataka PGCET, KMAT, TANCET, IRMASAT Solved Practice Questions (QA) - Part 1

Q.2. Vinay deposited ₹ 8000 in ICICI Bank, which pays him 12% interest per annum compounded quarterly. What is the amount that he receives after 15 months?

A. ₹ 9228.8

B. ₹ 9314.3

C. ₹ 9274.2

D. ₹ 9338.8

Solution:-

Q.3. What will be the simple interest on ₹ 700 at 9% per annum for the period from February 5, 1994, to April 18, 1994?

A. ₹ 12.60

B. ₹ 11.30

C. ₹ 15

D. ₹ 13

Solution:-

Q.4. A sum was invested at simple interest for 2 years. It would have fetched ₹ 60 more had it been invested at a 2% higher rate. What was the sum?

A. ₹ 1000

B. ₹ 1300

C. ₹ 2500

D. ₹ 1500

Solution:-

Q.5. Shashikant derives an annual income of ₹ 668.25 from ₹ 10000 invested partly 8% p.a. and partly at 5% p.a. simple interest. How much of his money is invested at 5%?

A. ₹ 4225

B. ₹ 5000

C. ₹ 4800

D. ₹ 3725

Solution:-

Q.6. What is the rate of simple interest for the first 4 years if the sum of ₹ 360 becomes ₹ 540 in 9 years and the rate of interest for the last 5 years is 6%?

A. 4%

B. 5%

C. 3%

D. 6%

Solution:-

Q.7. Sanjay borrowed ₹ 900 at 4% p.a. and 1100 at 5% p.a. for the same duration. He had to pay ₹ 364 in all as interest. What is the time period in years?

A. 5 years

B. 3 years

C. 4 years

D. 2 years

Solution:-

Q.8. If the difference between the CI and SI on a certain sum of money is ₹ 72 at 12% per annum for 2 years, then find the amount.

A. ₹ 6000

B. ₹ 5000

C. ₹ 5500

D. ₹ 6500

Solution:-

Q.9. The population of Jhumri Talaiya increases by 10% in the first year, it increases by 20% in the second year and due to mass exodus, it decreases by 5% in the third year. What will be its population after 3 years, if today it is 10000?

A. 11540

B. 13860

C. 12860

D. 12540

Solution:-

Q. 10. If the difference between the simple interest and compound interest on some principal amount at 20% p.a. for 3 years is ₹ 48, then the principal amount must be

A. ₹ 550

B. ₹ 500

C. ₹ 375

D. ₹ 400

Civil Engineering With Akhand Dutta

Quantitative Aptitude (QA) Solved MCQ | CAT | Part 1

CAT, CMAT, XAT, MAT, GMAT, IIFT, SNAP, NMAT By GMAC, ATMA, IBSAT, TS ICET, AP ICET, JEMAT, MAH MBA CET, B-MAT, NIPER JEE MBA, CUSAT CAT, TISSNET, MICAT, KIITEE Management, UPES MET, Karnataka PGCET, KMAT, TANCET, IRMASAT Solved Practice Questions (QA) - Part 1

Chapter - Interest
Difficulty Level of Questions - 1 (Out of 3)

Q.1. Find the compound interest on ₹ 1000 at the rate of 20% per annum for 18 months when interest is compounded half-yearly.

Solution:-

Q.2. Vinay deposited ₹ 8000 in ICICI Bank, which pays him 12% interest per annum compounded quarterly. What is the amount that he receives after 15 months?

Solution:-

Q.3. What will be the simple interest on ₹ 700 at 9% per annum for the period from February 5, 1994, to April 18, 1994?

A. ₹ 12.60

B. ₹ 11.30

C. ₹ 15

D. ₹ 13

Solution:-

Q.4. A sum was invested at simple interest for 2 years. It would have fetched ₹ 60 more had it been invested at a 2% higher rate. What was the sum?

Solution:-

Q.5. Shashikant derives an annual income of ₹ 668.25 from ₹ 10000 invested partly 8% p.a. and partly at 5% p.a. simple interest. How much of his money is invested at 5%?

Solution:-

Q.6. What is the rate of simple interest for the first 4 years if the sum of ₹ 360 becomes ₹ 540 in 9 years and the rate of interest for the last 5 years is 6%?

Solution:-

Q.7. Sanjay borrowed ₹ 900 at 4% p.a. and 1100 at 5% p.a. for the same duration. He had to pay ₹ 364 in all as interest. What is the time period in years?

Solution:-

Q.8. If the difference between the CI and SI on a certain sum of money is ₹ 72 at 12% per annum for 2 years, then find the amount.

Solution:-

Q.9. The population of Jhumri Talaiya increases by 10% in the first year, it increases by 20% in the second year and due to mass exodus, it decreases by 5% in the third year. What will be its population after 3 years, if today it is 10000?

Solution:-

Q. 10. If the difference between the simple interest and compound interest on some principal amount at 20% p.a. for 3 years is ₹ 48, then the principal amount must be

Solution:-

Questions Courtesy: How to prepare for Quantitative Aptitude for CAT by Arun Sharma

Books I recommend for Quantitative Aptitude:

1. How to Prepare for Quantitative Aptitude for CAT by Arun Sharma

2. Ace Quantitative Aptitude For Banking and Insurance

3. Quantitative Aptitude Quantum CAT by Sarvesh K Verma

4. Quantitative Aptitude for Competitive Examinations by R.S. Aggarwal

5. Best 4000 Smart Practice Questions for Banking by S. Chand Experts

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A point P is 50 mm away from both the reference planes. Draw its all possible projections.

Determine the transition temperature and critical field at 4.2 K for a given specimen of a superconductor if the critical fields are 1.41 × 105 and 4.205 × 105 A/m at 14.1 K and 12.9 K, respectively.

Calculate the probability of an electron occupying an energy level 0.02 eV above the Fermi level at 200 K and 400 K in a material.

Find the temperature at which there is 1.0 % probability that a state with energy 0.5 eV above Fermi energy will be occupied.

Find the probability with which an energy level 0.02 eV below the Fermi level will be occupied at room temperature of 300 K and at 1000 K.

Quantitative Aptitude (QA) Solved MCQ | CAT | Part 1

CAT, CMAT, XAT, MAT, GMAT, IIFT, SNAP, NMAT By GMAC, ATMA, IBSAT, TS ICET, AP ICET, JEMAT, MAH MBA CET, B-MAT, NIPER JEE MBA, CUSAT CAT, TISSNET, MICAT, KIITEE Management, UPES MET, Karnataka PGCET, KMAT, TANCET, IRMASAT Solved Practice Questions (QA) - Part 1

Chapter - InterestDifficulty Level of Questions - 1 (Out of 3)

Q.1. Find the compound interest on ₹ 1000 at the rate of 20% per annum for 18 months when interest is compounded half-yearly.

Solution:-

Q.2. Vinay deposited ₹ 8000 in ICICI Bank, which pays him 12% interest per annum compounded quarterly. What is the amount that he receives after 15 months?

Solution:-

Q.3. What will be the simple interest on ₹ 700 at 9% per annum for the period from February 5, 1994, to April 18, 1994?

A. ₹ 12.60B. ₹ 11.30C. ₹ 15D. ₹ 13

Solution:-

Q.4. A sum was invested at simple interest for 2 years. It would have fetched ₹ 60 more had it been invested at a 2% higher rate. What was the sum?

Solution:-

Q.5. Shashikant derives an annual income of ₹ 668.25 from ₹ 10000 invested partly 8% p.a. and partly at 5% p.a. simple interest. How much of his money is invested at 5%?

Solution:-

Q.6. What is the rate of simple interest for the first 4 years if the sum of ₹ 360 becomes ₹ 540 in 9 years and the rate of interest for the last 5 years is 6%?

Solution:-

Q.7. Sanjay borrowed ₹ 900 at 4% p.a. and 1100 at 5% p.a. for the same duration. He had to pay ₹ 364 in all as interest. What is the time period in years?

Solution:-

Q.8. If the difference between the CI and SI on a certain sum of money is ₹ 72 at 12% per annum for 2 years, then find the amount.

Solution:-

Q.9. The population of Jhumri Talaiya increases by 10% in the first year, it increases by 20% in the second year and due to mass exodus, it decreases by 5% in the third year. What will be its population after 3 years, if today it is 10000?

Solution:-

Q. 10. If the difference between the simple interest and compound interest on some principal amount at 20% p.a. for 3 years is ₹ 48, then the principal amount must be

Solution:-

Questions Courtesy: How to prepare for Quantitative Aptitude for CAT by Arun Sharma

Books I recommend for Quantitative Aptitude:

About the Author

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Chapter - Interest
Difficulty Level of Questions - 1 (Out of 3)

A. ₹ 12.60

B. ₹ 11.30

C. ₹ 15

D. ₹ 13