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simple and compound interest problems

simple and compound interest problems | simple interest aptitude questions | simple interest problems | compound interest questions | simple interest and compound interest | simple and compound interest aptitude | simple interest examples 


Hi friends,
In this post we are about to learn how to calculate simple interest and compound interest problems with some short tricks. In exams we don't have time to calculate on paper with formulas. we have to it in mind so quickly because Every second matter in examination hall.

Now, here are some shortcut tricks for Simple Interest (S.I) and Compound interest (C.I.) with these i think you sure have some help in these chapter

lets first thing to do is learn some PERCENTAGE basic.

SIMPLE INTEREST 


we have using these BASIC formulas

S.I. = PxRxT / 100

BUT there are some example how these shortcut tricks that

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Type 1.

In how many years will a sum of money double itself at 12% per annum?
a. 6years 6 months
b. 7 years 6 months
c. 8 years 3 months
d. 8 years 4 months
simple and compound interest problems | simple interest aptitude questions | simple interest problems | compound interest questions | simple interest and compound interest | simple and compound interest aptitude | simple interest examples



Type 2.
 at what rate of percent of simple interest will a sum of money double itself in 12 years?
a. 8%
b. 8.1/3%
c. 8.1/2%
d. 9.1/2%

simple and compound interest problems | simple interest aptitude questions | simple interest problems | compound interest questions | simple interest and compound interest | simple and compound interest aptitude | simple interest examples


















Type 3.

The rate at which a sum become four times of itself in 15 years at simple interest will be?
a.15%
b. 17.1/2%
c. 20%
d. 25%

simple and compound interest problems | simple interest aptitude questions | simple interest problems | compound interest questions | simple interest and compound interest | simple and compound interest aptitude | simple interest examples

















Type 4.

if a sum of money at simple interest double in 6 years. it will become 4 time in ?
a. 12 years
b. 14 years
c. 16 years
d. 18 years

simple and compound interest problems | simple interest aptitude questions | simple interest problems | compound interest questions | simple interest and compound interest | simple and compound interest aptitude | simple interest examples



















Type 5.

How long will it take a sum of money invested at 5% p.a. by simple interest to increase it value by 40%?
a. 5 years
b. 6 years.
c. 7 years
d. 8 years

simple and compound interest problems | simple interest aptitude questions | simple interest problems | compound interest questions | simple interest and compound interest | simple and compound interest aptitude | simple interest examples














COMPOUND INTEREST PROBLEMS \ QUESTION TRICKS


Type 1.
a sum of money place at compound interest double itself in 5 years. It will become 8 times itself at same rate of interest in ?
a. 7 years
b. 10 years
c. 15 years
d. 20 years


simple and compound interest problems | simple interest aptitude questions | simple interest problems | compound interest questions | simple interest and compound interest | simple and compound interest aptitude | simple interest examples




















Type2.

By C.I. at 10 % p.a. a sum increased to 2662 in 3 years what will be the principal amount ?
a. 1000
b. 1500
c. 2000
d. 2500

simple and compound interest problems | simple interest aptitude questions | simple interest problems | compound interest questions | simple interest and compound interest | simple and compound interest aptitude | simple interest examples




















Type 3.

In C.I, what will be the rate of interest if a sum becomes 1331 in 3 years?
a. 100
b.1000
c.10000
d. none of these

simple and compound interest problems | simple interest aptitude questions | simple interest problems | compound interest questions | simple interest and compound interest | simple and compound interest aptitude | simple interest examples

















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