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Q:

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) I only B) III only
C) I or II only D) .II and Either I or III only

Answer:   D) .II and Either I or III only



Explanation:

 

 

I. gives, Rate = 5% p.a.

 

II. gives, S.I. for 1 year = Rs. 600.

 

III. gives, sum = 10 x (S.I. for 2 years).

 

Now I, and II give the sum.

 

For this sum, C.I. and hence amount can be obtained.

 

Thus, III is redundant.

 

Again, II gives S.I. for 2 years = Rs. (600 x 2) = Rs. 1200.

 

Now, from III, Sum = Rs. (10 x 1200) = Rs . 12000.

 

Thus, Rate =

 

100 x 1200

 

= 5% p.a.

 

2 x 12000

 

Thus, C.I. for 2 years and therefore, amount can be obtained.

 

Thus, I is redundant.

 

Hence, I or III redundant.

Q:

The Simple interest accrued on an amount of Rs. 2,500 at the end of six years is Rs.1875. What would be the simple interest accrued on an amount of Rs. 6875 at the same rate and Same period? 

A) Rs. 4,556.5 B) Rs. 5,025.25
C) Rs.5,245.5 D) None of these
 
Answer & Explanation Answer: D) None of these

Explanation:
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16 1333
Q:

Excluding the stoppages, the speed of a bus is 64 km/hr and including the stoppages the speed o the bus is 48km/hr. For how many minutes does the bus stop per hour?

A) 12.5 minutes B) 15 minutes
C) 10 minutes D) 18 minutes
 
Answer & Explanation Answer: B) 15 minutes

Explanation:
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29 2403
Q:

If 25a + 25b = 115, then what is the average of a and b?

A) 4.6 B) 3.4
C) 2.5 D) None of these
 
Answer & Explanation Answer: D) None of these

Explanation:
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34 2347
Q:

There are two numbers such that the sum of twice the first number and thrice the second number is 300 and the sum of thrice the first number and twice the second number is 265. Which is the largest number ?

A) 24 B) 39
C) 85 D) 74
 
Answer & Explanation Answer: D) 74

Explanation:
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8 1435
Q:

Prithvi spent Rs.89,745 on his college fees, Rs 51,291 on Personality Development Classes, and the remaining 27% of the total amount he had as cash with him. What was the total amount?

A) Rs.1,85,400 B) Rs.1,89,600
C) Rs.1,91,800 D) Rs.1,93,200
 
Answer & Explanation Answer: D) Rs.1,93,200

Explanation:
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10 1624