PREPARATORY QUESTIONS

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PREPARATORY SET-01 (MIXED GRAPH) 

PREPARATORY SET-02 (MIXED GRAPH) 

PREPARATORY SET-03 (MIXED GRAPH) 

PREPARATORY SET-04 (MIXED GRAPH) 

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DATA INTERPRETATION (MIXED GRAPH)

PREPARATORY SET-04 (MIXED GRAPH)

Direction (Qs.1-5): Study the data carefully and answer the following questions.

The line graph below shows the principal amount of loan taken by five persons from a bank. The Bar graph shows the interest rate and the number of years for which the loan is taken by these five persons. Study the data carefully and answer the questions.

Question No : 1

Find the difference of interests paid by R and T if R took the loan at simple interest and T took the loan at compound interest.

(1) Rs.2000

(2) Rs.2100

(3) Rs.1750

(4) Rs.1800

(5) Rs.2500

Question No : 2

Q paid the borrowed amount within 3 years at compound interest. Find the total interest amount Q paid.

(1) Rs.14520

(2) Rs.16550

(3) Rs.16540

(4) Rs.17500

(5) Rs.17550

Question No : 3

P paid Rs.17500, Rs.16250 and Rs.15000 at the end of 1st, 2nd and 3rd year. Find the amount of money that P needs to pay at the end of 4th year to clear his due. (Simple interest rate is applied on the sum)

(1) Rs.32500

(2) Rs.30000

(3) Rs.33750

(4) Rs.33000

(5) Rs.31250

Question No : 4

Find the difference of compound interest and simple interest on the sum borrowed by S.

(1) Rs.12000

(2) Rs.11200

(3) Rs.13200

(4) Rs.12800

(5) Rs.12500

Question No : 5

If the interest charged from everyone is at simple rate then who will pay the equal amount of interest on the sum borrowed?

(1) P & S

(2) Q & R

(3) R & T

(4) S & P

(5) T & Q