Aptitude Questions and Answers for PLACEMENTS

Ques. Consider the following statements : If a sum of money is lent at simple interest, then the
1. Money gets doubled in 5 years if the rate of interest is 50/3 %.
2. Money gets doubled in 5 years if the rate of interest is 20%.
3. Money becomes
Op 1: 1 and 3 are correct
Op 2: 2 alone is correct
Op 3: 3 alone is correct
Op 4: 2 and 3 are correct
Op 5:
Correct Op : 2


Ques. A sum of money lent at compound interest for 2 years at 20% per annum would fetch Rs. 482 more, if the interest was payable half-yearly than if it was payable annually. The sum is:
Op 1: Rs. 10,000
Op 2: Rs. 20,000
Op 3: Rs. 40,000
Op 4: Rs. 50,000
Op 5:
Correct Op : 2



Ques. The simple interest on Rs. 10 for 4 months at the rate of 3 paise per rupee per month is:
Op 1: Rs. 1.20
Op 2: Rs. 1.60
Op 3: Rs. 2.40
Op 4: Rs. 3.60
Op 5:
Correct Op : 1