Online GK Test

GK Test
 

Question: A bank offers 5% compound interest calculated on half-yearly basis. A customer deposits Rs. 1600

1

Rs. 120

2

Rs. 121

3

Rs. 122

4

Rs. 123

View Answer

Correct Answer: 2

Question: What is the difference between the compound interests on Rs. 5000 for 1 years at 4% per annum compou

1

Rs. 2.04

2

Rs. 3.06

3

Rs. 4.80

4

Rs. 8.30

View Answer

Correct Answer: 1

Question: Albert invested an amount of Rs. 8000 in a fixed deposit scheme for 2 years at compound interest rat

1

Rs. 8600

2

Rs. 8620

3

Rs. 8820

4

None of these

View Answer

Correct Answer: 3

Question: If the simple interest on a sum of money for 2 years at 5% per annum is Rs. 50, what is the compound

1

Rs. 51.25

2

Rs. 52

3

Rs. 54.25

4

Rs. 60

View Answer

Correct Answer: 1

Question: The difference between simple interest and compound on Rs. 1200 for one year at 10% per annum reckon

1

Rs. 2.50

2

Rs. 3

3

Rs. 3.75

4

Rs. 4

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Correct Answer: 2

Question: The difference between compound interest and simple interest on an amount of Rs. 15,000 for 2 years

1

8

2

10

3

12

4

Cannot be determined

View Answer

Correct Answer: 1

Question: The compound interest on a certain sum for 2 years at 10% per annum is Rs. 525. The simple interest

1

Rs. 400

2

Rs. 500

3

Rs. 600

4

Rs. 800

View Answer

Correct Answer: 2

Question: There is 60% increase in an amount in 6 years at simple interest. What will be the compound interest

1

Rs. 2160

2

Rs. 3120

3

Rs. 3972

4

Rs. 6240

View Answer

Correct Answer: 3

Question: The compound interest on Rs. 30,000 at 7% per annum is Rs. 4347. The period (in years) is:

1

2

2

2 1/2

3

3

4

4

View Answer

Correct Answer: 1

Question: The least number of complete years in which a sum of money put out at 20% compound interest will be

1

3

2

4

3

5

4

6

View Answer

Correct Answer: 2

Question: What will be the compound interest on a sum of Rs. 25,000 after 3 years at the rate of 12 p.c.p.a.?

1

Rs. 9000.30

2

Rs. 9720

3

Rs. 10123.20

4

Rs. 10483.20

View Answer

Correct Answer: 3

Question: At what rate of compound interest per annum will a sum of Rs. 1200 become Rs. 1348.32 in 2 years?

1

6%

2

6.5%

3

7%

4

7.5%

View Answer

Correct Answer: 1

Question: The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half-y

1

6.06%

2

6.07%

3

6.08%

4

6.09%

View Answer

Correct Answer: 4

Question: Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest

1

Rs. 1550

2

Rs. 1650

3

Rs. 1750

4

Rs. 2000

View Answer

Correct Answer: 3

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