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Q:

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

A) Rs. 50.50	B) Rs. 51.25
C) Rs. 51.50	D) Rs. 50.05

Answer & Explanation Answer: B) Rs. 51.25

Explanation:

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Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams

Q:

A sum of Rs 8000 is divided into two parts. The simple interest on first part at the rate of 21% per annum is equal to the simple interest on second part at the rate of 35% per annum. What is the interest (in Rs) of each part?

A) 1050	B) 840
C) 1400	D) 1220

Answer & Explanation Answer: A) 1050

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Filed Under: Simple Interest
Exam Prep: Bank Exams

Q:

From the given alternatives, select the word which CANNOT be formed using the letters of the given word. GOVERNMENT

A) Got	B) Over
C) Need	D) Norm

Answer & Explanation Answer: C) Need

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Filed Under: Verbal Reasoning - Mental Ability

Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it byselecting the appropriate option.

Meera cannot ______ the exam's results.

A) depict	B) await
C) envision	D) observe

Answer & Explanation Answer: B) await

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Filed Under: English
Exam Prep: Bank Exams

Q:

Each question contains Quantity I and Quantity II. Read the contents clearly and answer your questions accordingly.

Quantity I: The Sl on a certain sum of money for 3 years at 5% per annum is Rs 4800. Then the principle is?

Quantity II: The Cl on a certain sum of money for 2 years at 6% per annum is Rs. 3708. Then the principle is?

A) Quantity I > Quantity II	B) Quantity I ≥ Quantity II
C) Quantity I < Quantity II	D) Quantity I < Quantity II

Answer & Explanation Answer: A) Quantity I > Quantity II

Explanation:

Quantity I=15% of Principle=4800

Principle=Rs.32000

Quantity II=12.36% of Principle =3708

Principle=Rs.30000

Hence Quantity I > Quantity II

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Filed Under: Simple Interest

Q:

From the given alternative words, select the word which cannot be formed using the letters of the given word :

ORGANISATION

A) GRANT	B) NATION
C) GIANTS	D) ORANGE

Answer & Explanation Answer: D) ORANGE

Explanation:

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Filed Under: Verbal Reasoning - Mental Ability

Q:

Simple interest on a certain sum of money for 3 years at 10% per annum is half the compound interest on Rs 6000 for 2 years at 10% per annum. The sum placed on simple interest is

A) Rs 4200	B) Rs 2100
C) Rs 1680	D) Rs 1050

Answer & Explanation Answer: B) Rs 2100

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Filed Under: Simple Interest
Exam Prep: Bank Exams

Q:

The amount of Rs. 10,000 after 2 years, compounded annually with the rate of interest being 10% per annum during the first year and 12% per annum during the second year, would be (in rupees)

A) 11,320	B) 12,000
C) 12,320	D) 12,500

Answer & Explanation Answer: C) 12,320

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Filed Under: Quantitative Aptitude - Arithmetic Ability
Exam Prep: Bank Exams

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