## IBPS CWE For PO’s Quantitative Aptitude Questions With Answers

**Simple Interest**

1. A sum of Rs.5984 becomes rs.8976 in 6 years at simple interest, what is the rate of interest?

1) 12%

2)7%

3) 8 1/3 %

4) 6%

5) None of these

2.What sum of money will amount to Rs. 8850 in three years at the ate of interest being 5%, 6% and 7% during 1st, 2nd and 3rd years respectively?

1) Rs.8500

2) Rs.8000

3) Rs.7800

4) Rs.8300

5) None of these

3.At what rate of interest per annum will a sum of money be 60% more in 5 Years?

1) 6%

2) 5%

3) 9%

4) 12%

5) None of these

4. Out of certain sum of money, 1/3rd is invested at 3%, 1/6th is invested 6% and the rest at 8%. if the simple interest for 2 years from all these investments is Rs.1020 what is the original sum?

1) Rs.9500

2) Rs.7000

3) Rs.8500

4) Rs.8000

5) None of these

5.A sum of Rs.6800 in lent out in two parts in such at way that the interest on one part at 8% p.a for 5 years is same as on the other part at 7.5% p.a for 6 years. find the first part.

1) Rs.3200

2) Rs.3600

3) Rs.3300

4) Rs.1800

5) None of these

6.A sum of Rs. 1400 becomes Rs.1652 in three years at certain rate of simple interest. what will be the amount if the rate of interest is increased by 3%?

1)Rs.378

2) Rs.1748

3)Rs.1586

4)Rs.1778

5) None of these

7.The rate of simple interest on a certain amount of money is 6% p.a for the first two years 9% p.a. for next five years 13% p.a. for the period beyond seven years. if the total interest on a sum at the end of ten years is Rs.1920, what is the sum?

1) Rs.9500

2) Rs.10500

3) Rs.12500

4) Rs.11750

5) None of these

8.A sum was invested at simple interest at a certain rate for two years. It would have fetched rs.180 more had it been invested at 2% higher rate. what was the sum?

1) Rs.8500

2) Rs.4500

3) Rs.5600

4) Rs.9000

5) None of these

9.A certain sum of money lent out at a certain rate of interest per annum doubles itself in 8years. in how many years will it treble itself?

1) 12

2) 18

3)24

4)16

5) None of these

10. A Certain sum of money amount to Rs.2016 in two years and Rs.2340 in five years at a certain rate of simple interest. find rate.

1)8%

2)5%

3)3%

4)4%

5)None of these

**Compound Interest**

11.A sum of money invested at compound interest will become Rs.6560 at the end of first year and 676 at the end of second year. what is the sum?

1)Rs.600

2)Rs.625

3)Rs.700

4)Rs.675

5) None of these

12.what will be the amount on Rs.25000 in 2 years at compound interest, if the rates for the successive years be 4% and 5% per year?

1)Rs.26800 2)Rs.26725

3)Rs.27300

4)Rs.27675

5)None of these

13.what sum will become Rs.6690 in 3 years and Rs.10035 in six years on compound interest?

1)Rs.4600

2)Rs.4640

3)Rs.4700

4)Rs.4460

5)None of these

14.On what sum does the difference between simple and compound interest for two years at 5% per anum be Rs.153.60?

1)Rs.24000

2)Rs.26250

3)Rs.25000

4)Can’t be determined

5)None of these

15.Population of town in 2004 was 12000.what will be the population in 2007, if it increases annually at 10%?

1)Rs.15600

2)Rs.14400

3)Rs.14500

4)Rs.16500

5)None of these

16.What is the difference between simple and compound interest for three years Rs.16000 at 10% p.a?

1)Rs.348

2)Rs.122

3) Rs.496

4)Can’t be determined

5)None of these

17.A sum of money will become double in 3years at compound interest.in what time will it become four times itself?

1)9yrs

2)6yrs

3)12yrs

4)Can’t be determined

5)None of these

18.priya borrowed Rs.4000 at 5% p.a compound interest. after 2 years she repaid Rs.2210 and after 2 more years she paid the balance with interest.what was the total amount that she paid as interest?

1)Rs.625

2)Rs.625.50

3)Rs.696

4)Rs.635.50

5)None of these

19.what is the compound interest on Rs.25000 for 1 1/2 year at 8% per anum, interest being calculated half yearly?

1)Rs.3225

2)Rs.3050.50

3)Rs.3121.60

4)Rs.2995.50

5) None of these

20.The Compound interest on certain sum of money for the 5th year at 6% per anum is rs.583 what was the compound interest for the fourth year on same sum?

1)Rs.550

2)Rs.500

3)Rs.625

4)Rs.525

5)None of these

**Key:**

1)3 2)1 3)4 4)3 5)2 6)4 7)1 8)2 9)4 10)5 11)2 12)3 13)4 14)1 15)5 16)3 17)2 18)4 19)3 20)1.

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