Quant New Pattern Questions for SBI PO

Q5. How much will be the compound interest to be paid on a principle amount of Rs. 85,000 after 3 yr at the rate of 6 p.c.p.a.? 
(a) 16623.36
(b) 16236.36
(c) 16326.36 
(d) 16632.36 
(e) None of these 

Q6. What will be the difference between the compound interest and simple interest at the rate of 5% per annum on an amount of Rs. 4000 at the end of 2 yr? 
(a) Rs. 10
(b) Rs. 20
(c) Rs. 25 
(d) Data inadequate  
(e) None of these 

Q7. The ratio between the present ages of P and Q is 3 : 4 respectively. 4 yr hence Q will be 5 yr older than P. What is P’s present age? 
(a) 15 yr 
(b) 20 yr 
(c) 25 yr 
(d) Cannot be determined 
(e) None of these 

Q8. A sum of money fetches Rs. 408 as compound interest at the rate of 4% per annum at the end of 2 yr. What is the sum? 
(a) Rs. 6000
(b) Rs. 5000
(c) Rs. 4000 
(d) Cannot be determined 
(e) None of these 

Q9. Arjun invested an amount with company X for two years @ simple interest rate 15 pcpa. The entire amount obtained from company X after two years he invested with company Y @ compound interest rate 12 pcpa for two years. If the amount finally received by him was Rs. 81536, what was the amount invested by him originally with company X?
(a) Rs. 65000
(b) Rs. 60000
(c) Rs. 56000 
(d) Rs. 50000 
(e) Rs. 45000 

Q10. An amount of Rs. 10000 becomes Rs. 14641 in two years if the interest is compounded half yearly. What is the rate of compound interest % per annum? 
(a) Rs. 10 
(b) Rs. 20
(c) Rs. 16 
(d) Rs. 12 
(e) None of these 

Q11. Simple interest on a certain sum at 7 p.c.p.a for 4 years is Rs. 3584. What will be the compound interest on the same principal at 4 p.c.p.a. in one year when interest is compounded quarterly? 
(a) Rs. 520.48
(b) Rs. 515.75
(c) Rs. 519.73
(d) Rs. 550
(e) None of these

Q12. Pranita gave Rs. 900 to her brother which is equal to two fifth of the simple interest that she got in 6 years at the rate of 15 p.c.p.a. What was the sum of money (principal) that she had deposited? 
(a) Rs. 2,250
(b) Rs. 2,400
(c) Rs. 2,600
(d) Rs. 2,500
(e) None of these

Q13. What is the difference between the simple and compound interest earned from a sum of Rs. 13033 at a rate of 13 per cent per annum for a period of 3 years (rounded off to 2 digits after decimal)? 
(a) Rs. 5,82.87 
(b) Rs. 689.41
(c) Rs. 5,72.28
(d) Rs. 680.94
(e) None of these 

 Q14. Amit’s present age is three times Pratibha’s present age and nine-thirteenths of his father’s present age. The sum of the present ages of all of them is 150 years. What is the difference between Pratibha’s present age and Amit’s father’s present age?
(a) 56 years  
(b) 64 years 
(c) 60 years 
(d) Cannot be determined 
(e) None of these 

Q15. The compound interest accrued in two years on a principal of Rs. 15,800 is Rs. 7716.72. What is the rate of interest pcpa? 
(a) 22%
(b) 16%
(c) 18%
(d) Cannot be determined 
(e) None of these