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ITBP Simple & Compound Interest — practice questions

Explore 33 free Simple & Compound Interest questions in ITBP 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 1–30 of 33.

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 →Complete the idea of a percentageRead the answer and worked solution →Ratios into percentagesRead the answer and worked solution →Order the steps of the unitary methodRead the answer and worked solution →What is the percentage taken OF?Read the answer and worked solution →True or false: percentages and their baseRead the answer and worked solution →Match each comparison to its formRead the answer and worked solution →Common percentage conversionsRead the answer and worked solution →Assertion and reasonRead the answer and worked solution →Two are true, one is notRead the answer and worked solution →Three of these are wrong. Find the one that holds.Read the answer and worked solution →Tap every correct way to express one quarterRead the answer and worked solution →Flip and pair: fraction with percentageRead the answer and worked solution →Spot the one that does not belongRead the answer and worked solution →True or false: the unitary methodRead the answer and worked solution →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 →

Worked practice questions

Match the percent to its fraction (SSC CGL)

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Matching pairs
  1. Left
    25%
    Right
    1/4
  2. Left
    20%
    Right
    1/5
  3. Left
    50%
    Right
    1/2
  4. Left
    75%
    Right
    3/4
  5. Left
    12.5%
    Right
    1/8

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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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More Quantitative Aptitude topics

MensurationMultiplicationNumber PropertiesSimple InterestSquares And RootsPercentagesNumber SystemRatio and Proportion