PRAGATII (IND-SAT) Practice Quiz

Question 1

Find the simple interest on 1000 at 5% per annum for 2 years.

Accepted Answer

100

Question 2

The simple interest on a sum for 4 years at 10% per annum is 800. The principal is:

Accepted Answer

2000

Question 3

The compound interest on 1000 at 10% per annum for 2 years is:

Accepted Answer

210

Question 4

At what rate will 500 amount to 600 in 2 years under simple interest?

Accepted Answer

10%

Question 5

The difference between CI and SI on a sum for 2 years at 10% is 10. The principal is:

Accepted Answer

1000

PRAGATII (IND-SAT) Syllabus