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2006 I Questions and Answers

2006 I QUESTIONS AND ANSWERS :: part9 : 6 to 10

Following Multiple choice objective type questions and answers will help you as a free online coaching for your TRB SSC CGL written exam preparation for 2017. These are useful study materials collected from previous year question papers. :

6.A sum of money at compound interest doubles itself in 4 years.In how many years will it amount to eight times itself ?

7.A man invested Rs 30,000 in a bank and received Rs 39,930 after 1 1/2 years.The rate of compound interest per annum,compounded half-yearly is

15%

16%

18%

20%

8.A sum of money becomes two times of itself in 10 years.In how many years,will it be three times of itself at the same rate of simple interest

9.A man borrowed Rs 5,000 at 10% per annum compound interest.At the end of each year he has repaid Rs 1,500.The amount of money,he still owes after the third year,is

Rs 1,600

Rs 1,690

Rs 1,700

Rs 1,790

10.A man has Rs 10,000 to invest.He invests Rs 4,000 at 5% per annum and Rs 3500 at 4% per annum simple interest.In order to have a yearly income of Rs 500,he must invest the remaining amount of money at

6% per annum

6.1% per annum

6.4% per annum

6.3% per annum

More SSC CGL 2006 I QUESTIONS AND ANSWERS available in next pages

Health is the greatest gift, contentment is the greatest wealth -Buddha

The only place where success comes before work is in the dictionary.- Vidal Sassoon

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2006 I Questions & Answers: part9

2006 I Questions and Answers

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