7 views

Uploaded by Mayank

ho

- milan metro porject.docx
- Topic 2.pdf
- Mid-Term2006
- Assignment 4
- 4 Eng
- Maths
- Untitled
- Savings
- Aptitude Test
- Harlaw Hydro Presentation
- Jan Newsletter
- CP_Objetivo_Financeiro.xlsx
- CP Objetivo Financeiro
- cpg
- quant sbi.docx
- CCP402
- Sample Practice Paper for IBPS Clerk Maths
- ME 175A Midterm Solutions
- Lesson 2
- RetirementPlanSched

You are on page 1of 5

Home

Interest

IBPS: At a glance

RBI Grade B Ocer

Simple Interest

Written Examination

Formulae

IBPS PO - 3: Candidates

speak

Todays Challenge

Today's Challenge

http://www.bankexamsguru.com/Quantitative-Apt...

1.

SI = PNR / 100

Where P = Principal amount N = Number of years R =Rate of interest

2.

R = 100/T

Bank Exams

May 2013

April 2013

March 2013

Also, T = 100/R

3.

R = 200/ T

also, T = 200/R

Similarly, the rate at which the sum of money becomes 5 Times in T years

R = 400/T

Quantitative Aptitude

Percentage

Simple and compound

interest

4.

SBI PO

SBI PO Exam Pattern

Banking Awareness

Questions

Data Analysis and

Interpretation

SBI PO Previous

Question paper: General

Awareness

SBI PO 2013 Candidates

Speak

Illustrations

Q. At what rate per annum will a sum of Rs 3600 becomes Rs 4500 in 10 years at Simple Interest?

Ans: SI= 4500 3600 = 900

Since SI = PNR / 100

900 = 3600 * R * 10 / 100

Ie R = 2.5 %

Q. At what rate will a sum of money becomes double in 16 years at simple interest?

Ans: R= 100 / T

IBPS Clerk

IBPS Clerk Interview

Preparation

IBPS Clerk Interview 5

Days to Success

IBPS Clerk Interview

Preparation: My

Interview

= 100/16

= 6.25 %

Q. At what rate will a sum of money become 6 times in 20 years at simple interest?

Ans: R = 500/T

= 500/20

= 25%

IBPS Specialist Ocer

Marketing Solved Paper

Q. If a certain sum at simple interest amounts to Rs 1260 in 2 years and Rs 1350 in 5 years, find the

rate and principle?

Ans: SI for 3 years = 1350 1260 = 90

Ie SI for one year = 30

1 of 5

06/11/2016 11:53 AM

http://www.bankexamsguru.com/Quantitative-Apt...

Amount = P + SI

1260 = P + 60

P = 1260 60 = Rs. 1200

Ie, the principle amount = Rs. 1200

SI = PNR

R = SI / (P* N)

= 30 / (1200 *1)

= 2.5 %

Q. What is the capital required to earn a monthly interest of Rs 600 at 6% per annum?

Ans:

SI = 600 per month

R = 6%

SI = PNR /100

600 * 12 = P * 1 * 6 /100

P = 600 * 12 * 100 / 6 = 1,20,000

Q. A sum of money was put at SI at a certain rate for 2 years. Had it been ut at 1% higher rate, it would

have fetched Rs 24 more. Find the sum.

Ie 2 years , Rs 24 more

1 years , 24/ 2, ie 12 more

1 % of P = 12 (since the rate increased by 1%)

Ie p * 1/100 = 12

P = 1200

Compound Interest

Illustrations:

We are leaving examples of compound interest for you folks. Go ahead; find out examples and comment

using Facebook.

2 of 5

06/11/2016 11:53 AM

http://www.bankexamsguru.com/Quantitative-Apt...

Like

Share

617

New! Comments

3 of 5

06/11/2016 11:53 AM

http://www.bankexamsguru.com/Quantitative-Apt...

10 Comments

Sort by Newest

Add a comment...

Naveen Nani

M.G University,Nalgonda

Like Reply Dec 8, 2015 9:57am

Shivani Shukla

DAV Public School, New Delhi

Like Reply

Vishakha Singh

Dr B R Ambedkar Institute of Technology

Like Reply

Jigyasu Gupta

Raj Kumar Goel Institute of Technology

good

Like Reply Sep 23, 2015 1:43am

Vani Krishna

Nice

Like Reply Sep 21, 2015 11:33pm

Sathur Mukil

Works at Student

Like Reply Mar 12, 2015 12:13am

Shiva Kukati

Works at Student

nice methods

Like Reply Dec 8, 2014 8:25pm

Prayag Pattanayak

Berhampur, Orissa

good

Like Reply Oct 1, 2014 5:13am

Managing Partner at AIMS

very nice presentation, pls put more questions related with this

subject thnks

Like Reply Feb 23, 2014 10:10pm

Gaurav Singh

University of Allahabad

Like Reply

Jacob John

Great info... Some points frm me..

The difference between SI and CI for 2 years for the same sum at

the same rate can be calculated using the below formula.

4 of 5

06/11/2016 11:53 AM

http://www.bankexamsguru.com/Quantitative-Apt...

5 of 5

06/11/2016 11:53 AM

- milan metro porject.docxUploaded byLucía García-Gallardo Mosquera
- Topic 2.pdfUploaded byJessica Wang
- Mid-Term2006Uploaded byapi-26315128
- Assignment 4Uploaded byChalermchai New Kawin
- 4 EngUploaded byВиктор Кобылко
- MathsUploaded byprathyusha43
- UntitledUploaded byeurolex
- SavingsUploaded byAlex Dawson
- Aptitude TestUploaded bySurbhidas
- Harlaw Hydro PresentationUploaded byCrowdfundInsider
- Jan NewsletterUploaded bybeatavertes9318
- CP_Objetivo_Financeiro.xlsxUploaded byLeonardo Galardo
- CP Objetivo FinanceiroUploaded byLeonardo Galardo
- cpgUploaded byripan030
- quant sbi.docxUploaded byvipin171986
- CCP402Uploaded byapi-3849444
- Sample Practice Paper for IBPS Clerk MathsUploaded byvidyaguru
- ME 175A Midterm SolutionsUploaded byDavid Chon
- Lesson 2Uploaded byHumberto Aponte
- RetirementPlanSchedUploaded byfinescribe
- State Bank of India_2009 Quabtitative AptitudeUploaded byMukta Chourishi
- MathsrUploaded byurpearl
- orbit 1Uploaded byPranav Mishra
- Bank POUploaded bymortalkombat10
- R_Kehoe_ChristineUploaded byCalWonk
- Qon 112_portfolio Wide Government Payment of Accounts_ludwigUploaded bySenatorJLOffice
- Study the BarUploaded byJyoti Sukhija
- Engineering Economy_Lecture4.2.pdfUploaded bymark lumbres
- Ulises, Tony, Littman 28411Uploaded byJuan Martin
- IBPS Clerk Mains 2017memory Based Paper Quantitative AptitudeUploaded byShyamanand Kumar

- Stonesoft Firewall VPN 5 4 Windows Server 2008 R2Uploaded byNicProof
- Chapter 9Uploaded byramkisnak
- Adolescent RheumathologyUploaded bybvl78
- Testbank Ch01-02 REV Acc StdUploaded bymimiemiranda
- 1999 American Baptist ConventionUploaded bySteve Buttry
- 10 Best PracticesUploaded bymdeenk
- mutiya 2Uploaded byAndrea Akbar
- Bottled Water Comes From the Most Drought-Ridden Places in the Country _ Mother JonesUploaded byglakisa
- Liber440 (the Book of Perfection)Uploaded byDionecio Romoun Nelson
- I Assume That You Are Asking Why It is Important for a Teacher to Have a Teaching PhilosophyUploaded byRb Gutierrez
- CASE 2- The Movie Industry in 2008Uploaded byterjun rustia
- Discussion TextUploaded byJovi Joo Kaihatu Pattikawa
- Mock Test Q & AUploaded byHiten Parekh
- 06 PrioritiesUploaded byJasleen Kaur Gill
- Prapanna-Jivanamritam (Positive and Progressive Immortality) by Srila Bhakti Raksak SridharUploaded byAlexey Gogolev
- San Jose Silicon Valley Chamber of Commerece AB 503 (Oppose) July 23 2014Uploaded byCaliforniaHospitals
- Voith Hypower 2013Uploaded byJenny Cecilia Ureña Zuri
- Snickers Bites - The Tasty KUploaded byDiana Brihan
- The Pokémon Company v Ramar Larkin JonesUploaded byGameInformerMike
- Article 1 Ethics AbdulrahmanUploaded byAyn Nur Amanina
- Does Science MatterUploaded byRichmond Kerville Magallon
- RESEÑA ROOD Plantation Technocrats a Social History of Knowledge in the Slaveholding Atlantic World ROTHUploaded byCarlos Eduardo Valencia Villa
- KELLY v. ACE AMERICAN INSURANCE CO et al DocketUploaded byACELitigationWatch
- Politics 2016Uploaded byPrinceton University Press
- 8506-Management Theory and Practice-BeUploaded byziabutt
- Work Values SurveyUploaded bySimon Dzokoto
- Canon 2 Judicial EthicsUploaded bygretelsalley
- Eco TourismUploaded bySonam Gupta
- Strategic MgmtUploaded byrajendra91
- India Under Akbar RuleUploaded byIshaq Ahmed