Mission IBPS : Quant Quiz

1.The bus fare and train fare of a place from Kolkata were Rs. 20 and Rs. 30 respectively. Train fare has been increased by 20% and the bus fare has been increased by 10%. The ratio of new train fare to new bus fare is

(1) 11 : 18

(2) 18 : 11

(4) 3 : 5 

(5) None of these 

2.A money-lender borrows money at 4% per annum and pays the interest at the end of the year. He lends it at 6% per annum compound interest compounded half yearly and receive the interest at the end of the year. In this way, he gains Rs. 104.50 a year. The amount of money he borrows, is 

(1) Rs. 6,000

(2) Rs, 5,500

(3) Rs. 5,000

(4) Rs. 4,500

(5) None of these 

3.Simple interest on Rs. 500 for 4 years at 6.25% per annum is equal to the simple interest on Rs. 400 at 5% per annum for a certain period of time. The period of time is

(1) 4 years

(2) 5 years

(3) 25/4 years

(4) 26/3 years

(5) None of these 

4.With a given rate of simple inerest, the ratio of principal and amount for a certain period of time is 4 : 5 After 3 years, with the same rate of interest, the ratio of the principal and amount becomes 5 : 7. The rate of interest is

(5) None of these 

5.Rs. 1,000 is invested at 5% per annum simple interest. If the interest is added to the principal after every 10 years, the amount will become Rs. 2,000 after 

(1) 15 years

(2) 18 years

(3) 20 years

(4) 162/3 years

(5) None of these 

6.A sum of money amounts to Rs. 5,200 in 5  years and to Rs. 5,680 in 7 years at simple interest. The rate of interest per annum is

(5) None of these 

7.A borrows Rs. 800 at the rate of 12% per annum simple interest and B borrows Rs. 910 at the rate of 10% per annum, simple interest. In how many years will their amounts of debt be equal?

(5) None of these 

8.A person deposited Rs. 400 for 2 years  ,Rs 550 for 4 years and  Rs. 1,200 for 6 years. He received the total simple interest of Rs. 1,020. The rate of interest per annum is

(5) None of these 

9.The marked price of a shirt and trousers are in the ratio 1 : 2. The shopkeeper gives 40% discount on the shirt. If the total discount on the set of the shirt and trousers is 30%, the discount, offered on the trousers is 

(5) None of these 

10.A dealer buys an article marked at Rs. 25,000 with 20% and 5% off. He spends Rs, 1,000 for its repairs and sells it for Rs. 25,000. What is his gain or loss per cent?

(1) Loss of 25%

(2) Gain of 25%

(3) Gain of 10 %

(4) Loss of 10%

(5) None of these 

Answers will be Provided soon!!!!!!!!!

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