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IBPS PO Simple & Compound Interest — practice questions — page 2

Explore 44 free Simple & Compound Interest questions in IBPS PO Quantitative Aptitude. Open each question or exercise to read its content, reference answers and available explanation.

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Simple & Compound Interest questions and exercises with answers

Showing questions 31–44 of 44.

Ratio, fraction, or percentage?Read the answer and worked solution →Complete the comparison chainRead the answer and worked solution →Percentage of a quantityRead the answer and worked solution →Order the steps: turn a part into a percentageRead the answer and worked solution →Assertion and reason: comparisonsRead 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

Ratio, fraction, or percentage?

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Items
  1. Item
    5 : 20
    Category
    Ratio
  2. Item
    1 : 4
    Category
    Ratio
  3. Item
    1/4
    Category
    Fraction
  4. Item
    5/20
    Category
    Fraction
  5. Item
    25%
    Category
    Percentage
  6. Item
    20 out of 100
    Category
    Percentage
Categories
  1. Item
    Ratio
  2. Item
    Fraction
  3. Item
    Percentage
Same comparison, three notations. Source: syllabus Maths, Ch 7 Comparing Quantities.

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Complete the comparison chain

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Missing parts
  1. Answer
    4
    Choices
    1. 4
    2. 5
    3. 20
  2. Answer
    4
    Choices
    1. 4
    2. 5
    3. 20
  3. Answer
    25%
    Choices
    1. 25%
    2. 20%
    3. 5%
Complete the statement
The ratio 5 : 20 simplifies to 1 : {0}, which as a fraction is 1/{1}, and as a percentage is {2}.
A ratio, a fraction and a percentage all say the same thing. Source: syllabus Maths, Ch 7 Comparing Quantities.

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Percentage of a quantity

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Questions
  1. Question
    20% of 220 is
    Choices
    1. 44
    2. 20
    3. 200
    Correct choice
    44
  2. Question
    15% of 840 is
    Choices
    1. 84
    2. 126
    3. 150
    Correct choice
    126
  3. Question
    5% of 450 is
    Choices
    1. 45
    2. 5
    3. 22.5
    Correct choice
    22.5
  4. Question
    126 as a percentage of 840 is
    Choices
    1. 15%
    2. 12.6%
    3. 84%
    Correct choice
    15%
Take the percentage of the stated base. Source: syllabus Maths, Ch 7 Comparing Quantities.

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More Quantitative Aptitude topics

InterestSimple InterestSquare RootsMensurationPercentagesShortcutsSquares And RootsMultiplication