Practice Compound Interest Online Test 5 | Englishfreetest.com By englishfreetest.com 20 Minutes 10 Question Aptitude Quiz, Aptitude Tests, Compound Interest, Practice Compound Interest Online Test 5 Here's the exercise 'Practice Compound Interest Online Test 5 | Englishfreetest.com' about Aptitude Quiz - Aptitude Tests. Career aptitude test. What career best fits your personality? This free career aptitude test can give you insight into your job personality. Aptitude tests are short tests employers use to assess whether a candidate has the level of competency necessary for a particular type of job. In general these tests will measure critical thinking skills, attention to detail and problem-solving skills. Aptitude tests are often used as part of an interview process, particularly for graduate jobs, entry level jobs and jobs in Finance. You can find more to the lesson and more exercises. Aptitude Quiz - Aptitude Tests in here.Finally, click here to "Test" for start practice exercise . Content test: Question 1: The compound and the simple interests on a certain sum at the same rate of interest for two years are Rs.11730 and Rs.10200 respectively. Find the sum. A.Rs.18000 B.Rs.17000 C.Rs.17500 D.None of these Question 2: What is the difference between the compound interest on Rs.12000 at 20% p.a. for one year when compounded yearly and half yearly? A.Rs.130 B.Rs.140 C.Rs.120 D.Rs.110 Question 3: The simple interest on Rs.12000 at a certain rate of interest in five years is Rs.7200. Find the compound interest on the same amount for five years at the same rate of interest. A.Rs.3502.80 B.Rs.3052.40 C.Rs.3054.8 D.Rs.3052.80 Question 4: Ravi invested certain amount for two rates of simple interests at 6% p.a. and 7% p.a. What is the ratio of Ravi's investments if the interests from those investments are equal? A.4 : 3 B.2 : 3 C.7 : 6 D.None of these Question 5: Siddharth wants to borrow Rs.6000 at rate of interest 6% p.a. at S.I and lend the same amount at C.I at same rate of interest for two years. What would be his income in the above transaction? A.Rs.21.60 B.Rs.24.00 C.Rs.27.80 D.Rs.25.20 Question 6: Albert invested Rs. 8000 in a scheme for 2 years at compound interest rate 5% p.a. How much amount will Albert get on maturity of the fixed deposit? A.Rs. 8600 B.Rs. 8820 C.Rs. 8200 D.None of these Question 7: What will be the compound interest on a sum of Rs. 25,000 after 3 years at the rate of 12% p.a.? A.Rs. 9000.30 B.Rs. 9720 C.Rs. 10123.20 D.Rs. 10483.20 Question 8: A man saves Rs. 200 at the end of each year and lends the money at 5% compound interest.How much will it become at the end of 3 years? A.Rs. 565.25 B.Rs. 635 C.Rs. 662.02 D.Rs. 666.50 Question 9: Sam invested Rs. 15000 @ 10% per annum for one year. If the interest is compounded half-yearly, then the amount received by Sam at the end of the year will be? A.Rs. 16,500 B.Rs. 16,525.50 C.Rs. 16,537.50 D.Rs. 18,150 Question 10: A bank offers 5% C.I. calculated on half-yearly basis . A customer deposits Rs. 1600 each on 1st January and 1st July of a year. At the end of the year, the amount he would have gained by way of interest is? A.Rs. 120 B.Rs. 122 C.Rs. 121 D.Rs. 123 Test Share this post Author englishfreetest.com Education is the most powerful weapon we use to change the world.