Question: The average of 11 numbers is 10.9. If the average of first six is 10.5 and that of the last six is 11.4 the sixth number is_____________?
- 1. 11.0
- 2. 11.3
- 3. 11.4
- 4. 11.5
Question: The average of first 10 even numbers is___________?
- 1. 18
- 2. 22
- 3. 9
- 4. 11
Question: The difference between C.I. and S.I. on an amount of Rs. 15,000 for 2 years is Rs. 96. What is the rate of interest per annum?
- 1. 8
- 2. 10
- 3. 12
- 4. Cannot be determined
Question: A sum of money is borrowed and paid back in two annual installments of Rs. 882 each allowing 5% C.I. The sum borrowed was?
- 1. Rs. 1620
- 2. Rs. 1640
- 3. Rs. 1680
- 4. Rs. 1700
Question: What annual payment will discharge a debt of Rs. 1025 due in 2 years at the rate of 5% compound interest?
- 1. Rs. 550
- 2. Rs. 551.25
- 3. Rs. 560
- 4. Rs. 560.75
Question: The least number of complete years in which a sum of money put out at 20% C.I. will be more than doubled is_________?
- 1. 3
- 2. 4
- 3. 5
- 4. 6
Question: A sum of money placed at C.I. interest doubles itself in 5 years. It will amount to eight times itself at the same rate of interest in?
- 1. 7 years
- 2. 10 years
- 3. 15 years
- 4. 20 years
Question: A sum of money invested at C.I. amounts to Rs. 800 in 3 years to Rs. 840 in 4 years. The rate of interest per annum is______?
- 1. 2 1/2 %
- 2. 4%
- 3. 5%
- 4. 6 2/3 %
Question: The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half-yearly is________?
- 1. 6.06%
- 2. 6.07%
- 3. 6.08%
- 4. 6.09%
Question: On a sum of money, the S.I. for 2 years is Rs. 660, while the C.I. is Rs. 696.30, the rate of interest being the same in both the cases. The rate of interest is________?
- 1. 10%
- 2. 10.5%
- 3. 12%
- 4. None of these