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Accenture Hiring Simple & Compound Interest: related Quantitative Aptitude practice

The practice bank below covers broader Quantitative Aptitude topics; a dedicated Simple & Compound Interest lesson is not available yet.

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Quantitative Aptitude questions and exercises with answers

Showing questions 1–14 of 14.

Match the percent to its fraction (SSC CGL)Read the answer and worked solution →Pop the values that equal 50% (SSC CGL)Read the answer and worked solution →True or false: percent rules (SSC CGL)Read the answer and worked solution →A sum of ₹6000 is invested at 20% per annum. If interest is compounded half-yearly, the amount received after 18 months will be:Read the answer and worked solution →The compound interest on Rupees 1,60,000 for 2 years at 10% per annum, compounded semi-annually, is:Read the answer and worked solution →Interest, in the banking sense, is best described as:Read the answer and worked solution →A sum of 10,000 is borrowed at 15% per annum simple interest for 2 years. The amount repayable is:Read the answer and worked solution →Find the simple interest on 15,000 at 5% per annum for 2 years.Read the answer and worked solution →Compound interest differs from simple interest because compound interest is calculated on:Read the answer and worked solution →20,000 is borrowed for 2 years at 8% compounded annually. The compound interest is:Read the answer and worked solution →For 10,000 at 10% per annum for 2 years, compound interest exceeds simple interest by:Read the answer and worked solution →Find the simple interest on 5,000 at 8% per annum for 3 years.Read the answer and worked solution →At simple interest, a sum doubles itself in 8 years. The annual rate is:Read the answer and worked solution →For the same principal, rate and a period of one year, compound interest compounded annually is:Read the answer and worked solution →

Worked practice questions

Match the percent to its fraction (SSC CGL)

Read exercise and reference answers
Matching pairs
  1. Left
    25%
    Right
    1/4
  2. Left
    20%
    Right
    1/5
  3. Left
    50%
    Right
    1/2

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Pop the values that equal 50% (SSC CGL)

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Other terms
  1. 0.05
  2. 1/4
  3. 0.55
  4. 60/100
  5. 0.5%
Matching terms
  1. 0.5
  2. 1/2
  3. 50/100
  4. 25/50
  5. 6/12

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True or false: percent rules (SSC CGL)

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Questions
  1. Statement is true
    No
    Statement
    A 10% rise followed by a 10% fall returns to the original value.
  2. Statement is true
    No
    Statement
    Successive discounts of 10% then 20% equal a single 30% discount.
  3. Statement is true
    Yes
    Statement
    If A is 25% more than B, then B is 20% less than A.
  4. Statement is true
    Yes
    Statement
    Doubling a quantity is the same as a 100% increase.

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