Quantitative Aptitude · Commerce Accountancy
Interest and annuities represent a critical quantitative aptitude section focusing on the mathematical calculation of simple interest, compound interest, and future values of investments. Questions challenge candidates to determine maturity values, compute recurring deposit returns, and calculate prevailing interest rates. Mastery of this topic is essential for scoring high in banking and SSC examinations.
A man deposits $Rs.\ 1200$ in a bank on the $1st$ day of each year. If the bank pays $5\%$ per annum compound interest on deposited sum of money, what will be the amount to his credit on the $10th$ day of the second year?
The sum on which the compound interest for second year at $10 \% \,p.a.$ is $Rs. \,132$ is given by
A certain sum becomes $3$ times itself in $4$ years at compound interest. In how many years does it become $27$ times itself?
The compound interest on Rs. $2000$ in $2$ years, if the rate of interest is $4 \%$ per annum for the first year and $3\%$ per annum for the second year will be
How much will Rs. $9,000$ amount to in $3$ years, at compound interest, if the rates for successive years are $12 \%$, $15 \%$ and $20 \%$ per year respectively?
Find the amount on Rs. $ 12,500$ for $2$ years compounded annually, the rate of interest being $15\%$ for the first year and $16\%$ for the second year.
A sum of money double itself in 4 years at compound interest.! n how many years it will become eight times at same rate of interest
Sam invested Rs. $15000$ at the rate of $10 \%$ 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:
There is a question followed by three statements. While answering the question, you may or may not require the data provided in all the statements. You have to read, the question and the three statements and then decide whether the question can be answered with any one or two of the statements or all the three statements are required to answer the question. Mr. Gupta borrowed a sum of money on compound interest. What will be the amount to be repaid if he is repaying the entire amount at the end of $2$ years?
$I$. The rate of interest is $5$ p.c.p.a.
$II$. Simple interest fetched on the same amount in one year is $Rs. 600$.
$III$. The amount borrowed is $10$ times the simple interest in $2$ years.
A sum of money invested at compound interest amount in $3$ years to Rs. $2400$ and in $4$ years to Rs. $2520$. The interest rate per annum is
Sanju puts equal amount of money one at $10\%$ per annum compound interest payable half yearly and the second at a certain rate percent annum compound interest payable yearly. If he gets equal amounts after $3$ years what is the value of the second rate percent?
Calculate the amount and the compound interest on Rs. $12,000$ in $3$ years when the rates of interest for successive years are $8\%$, $10\%$ and $15\%$ respectively.
What sum will amount to Rs. $6,593.40$ in $2$ years C.I., if the rates are $10$ per cent and $11$ per cent for the successive years?
A man lends Rs. $12,500$ at $12$% for the first year, at $15$% for the second year and at $18$% for the third year. If the rates of interest are compounded yearly; find the difference between the C.I. for the first year and the compound interest for the third year.
Mohit invests Rs. 8,000 for 3 years at a certain rate of interest, compounded annually. At the end of one year it amounts to Rs. 9,440. Calculate: the amount at the end of the second year.