# Quantitative Quiz 34 - Competitive Exams - IBPS/SSC/BANKING EXAMS

1.What will be the difference in simple and compound interest at the rate of 14% per annum on the sum of Rs. 2,500 after four years?
(1)Rs. 153.86
(2) Rs. 286.2584
(3) Rs. 322.4004
(4) Rs. 418.388
(5) None of these

2.Raksha invested amount of Rs. 60,000 to start a software business. After six months, Kamal joined her with amount of Rs. 90,000. After one year from the commencement of the business, Raksha put in an additional amount of Rs. 20,000. At the end of three years, they earned a profit of Rs. 71,20,000. What is Raksha’s share in the profit?
(1)Rs, 35,20,000
(2) Rs, 26,40,000
(3) Rs. 27,00,000
(4) Rs. 38,40,000
(5) None of these

3.The difference between the amount of compound interest and simple interest accrued on an amount of Rs. 26,000 at the end of 3 years is Rs. 2994.134. What is the rate of interest p.c.p.a.?
(1)22
(2) 17
(3) 19
(4) Cannot be determined
(5) None of these

4.Ravi 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. 19,550 at the end of 7 years, how much money did he borrow?
(1)Rs. 39,500
(2) Rs. 42,500
(3) Rs. 41,900
(4) Rs. Rs, 43,000
(5) None of these

5.Sri Ganesh bought 40 kg of wheat at Rs. 12.50 per kg and 25 kg of it at Rs. Rs. 15.10 per kg. He mixed them together. At what rate should he sell the mixture to earn 10% profit?
(1)Rs. 13.50
(2) Rs. 13.25
(3) Rs. 14.75
(4) Rs. 14.85
(5) None of these

6.A team of 5 children is to be selected out of 4 girls and 5 boys such that it contains at least 2 girls. In how many different ways the selection can be made?
(1)105
(2) 60
(3) 100
(4) 120
(5) None of these

7.Suresh invested a sum of Rs. 15000 at 9 percent per annum dimple interest and Rs. 12000 at 8 per cent per annum compound interest for a period of 2 years. What amount of interest did Suresh earn in 2 years?
(1)Rs. 4096.60
(2) Rs. 4696.80
(3) Rs. 4896.60
(4) Rs. 4698.60
(5) None of these

8.A, B and C started a business with investment in the ration 5 : 6 : 8 respectively. After one year C withdrew 50% of his capital and A increased his capital by 60% of his investment. After two years in what ratio should the earned profit be distributed among A, B and C respectively?
(1)2 : 3 : 3
(2) 4 : 3 : 2
(3) 13 : 12 : 12
(4) Cannot be determined
(5) None of these

9.By how much is two-fifth of 200 greater than three-fifth of 125?
(1)15
(2) 3
(3) 5
(4) 30
(5) None of these

10.Deepa bought a calculator with 30% discount on the listed price. Had she not got the discount, she would have paid Rs. 82.50 extra. At what price did she buy the calculator?
(1)Rs. 192.50
(2) Rs. 275
(3) Rs. 117.85
(4) Cannot be determined
(5) None of these