Table 23

Refer to the table and answer the given questions

Person Type of Interest Principal(P) Amount (A) Years Rate of Interest(%)
A Compound 2 2
B Simple 4
C Compund 20000 2 4
D Simple 29500 3
E Compound 10000 4

Q1. If the ratio of interest rate of E to that of D is 2:3 then what is the Principal(P) of D?
1. 15000                  2. 20000                  3. 35000                  4. 25000                  5. 30000

Q2. If the interest is compounded yearly for three years then what is the amount to be earned by C?
1. 23497.28                  2. 20497.28                  3. 22597.28                  4. 22697.28                  5. 22497.28

Q3. What is the Simple Interest(SI) of B ? If the ratio of Principal of C to that of B is 4:5 and the rate of interest is 10% more than that of C.
1. 3300                  2. 4400                  3. 2200                  4. 1100                  5. 5500

Q4. If the Principal(P) of A is 20% more than that of E, then What is the amount of A?
1. 12694.60                  2. 16584.60                  3. 12584.80                  4. 12484.80                  5. 15684.60

Q5. If amount of D equals to five times that of his Principal then what is the Rate of Interest(%)?
1. 122.22%                  2. 144.44%                  3. 133.33%                  4. 155.55%                  5. None of the Above

Answers

1. 4

2. 5

3. 2

4. 4

5. 3

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