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Aptitude for SBI AND RBI Mains

We bring you the complete and important daily  Quant Quiz to achieve more marks in Banking, Insurance, UPSC, SSC, CLAT, Railways and all other competitive Exams. We prepare it based on our daily current affairs.Hope you like it.

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Q1. Veer invested a sum of Rs. 50000 into two schemes A & B both offering at 10% per annum. The difference between C.I for 1.5 years on schemes A but interest calculated on half yearly basis and S.I for same time on schemes B is Rs. 117.If Rs 2400 more invested than scheme A in another scheme C at same rate of interest, then find out the simple interest 3 years after? (given that simple interest on scheme B is greater than compound interest on scheme A)
(a) Rs. 7920
(b) Rs. 8940
(c) Rs. 9860
(d) Rs. 11220
(e) Rs. 8440

Q2. A man invested an amount of Rs. 35910 in a scheme offering compound interest at rate of 14 2/7% for first year, 22 2/9% for second year and 6 1/4% for remaining years. Find the C.I. offered to him at the end of 2 year and 8 months?
(a) Rs. 14322
(b) Rs. 19272
(c) Rs. 18723
(d) Rs. 15423
(e) Rs. 16340

Q3. Rs. 6000 is invested at 16 2/3% per annum simple interest. If the interest is added to the principal after every 3 years. Then after what time amount will become Rs. 15000?
(a) 5 1/3 years
(b) 5 2/3 years
(c) 7 years
(d) 6 1/3 years
(e) 6 2/3 years

Q4. John borrowed some money at the rate of 4 p.c.p.a for the first three years, at the rate of 8 p.c.p.a for the next two years and at the rate of 9 p.c.p.a for the period beyond 5 years. If he pays a total simple interest of Rs 19550 at the end of 7 years, how much money did he borrow?
(a) Rs 39500
(b) Rs 42500
(c) Rs 41900
(d) Rs 43000
(e) Rs 45500

Q5. A sum of Rs 18,750 is left in a will by a father to be divided between two sons, whose present age is 12 and 14 years respectively, such that when they attain maturity at 18, the amount (Principal + interest) received by each at 5% S.I. will be the same. Find the sum allotted at present to each son.
(a) Rs 9500, Rs 9250
(b) Rs 8000, Rs 1750
(c) Rs 9000, Rs 9750
(d) Rs 8500, Rs 10250
(e) None of these
Q9. If 12 kg of Jowar is spoiled then by what percent he should increase his initial List price per kg so that there is no profit and no loss.
(a) 12.5%
(b) 22.5%
(c) 8.5%
(d) 16.5%
(e) 13.75%
Q10. If shopkeeper uses faulty weight of 800 gm instead of 1 kg while selling than what will be the total profit in selling Jowar.
(a) 850
(b) 625
(c) 1250
(d) 1050
(e) 900


S1. Ans. (a)
S2. Ans. (e)

S3. Ans. (e)

S4. Ans.(b)

S5. Ans.(c)


S6. Ans.(c)
S7. Ans.(d)
S8. Ans.(b)
S9. Ans.(a)
S10. Ans.(d)