PREPARATORY QUESTIONS

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DATA INTERPRETATION (LINE GRAPH)

PREPARATORY SET-08 (LINE GRAPH)

Direction (Qs.1 to 5): Study the following information carefully and answer the questions given below.

The rate of interest offered by the two banks SBI and Canara over the year are shown by the line graph below.

Question No : 1

What is the difference between the interest earned by the investor while investing Rs.5 lakhs in SBI for one year and Rs.5 lakhs in Canara for one year in 2018?

(1) Rs.5000

(2) Rs.7000

(3) Rs.10000

(4) Rs.15000

(5) None of these

Question No : 2

In 2018, a part of Rs.50 lakhs was invested in SBI and the rest was invested in Canara bank for one year. The total interest received was Rs.1.7 lakhs. What was the amount invested in SBI Bank?

(1) 10 lakhs

(2) 15 lakhs

(3) 20 lakhs

(4) 30 lakhs

(5) None of these

Question No : 3

A businessman invested an amount of Rs.10 lakhs in SBI in 2016. The total received after one year was re-invested in the same company for one more year. What was the total appreciation received by the businessman on his investment?

(1) Rs.113000

(2) Rs.218000

(3) Rs.233260

(4) Rs.123000

(5) None of these

Question No : 4

An investor invested Rs.2 lakhs in Canara Bank in 2014. After one year, the entire amount along with the interest was transferred as investment to SBI bank in 2015 for one year. What amount will be received from SBI bank by the investor?

(1) Rs.218000

(2) Rs.105000

(3) Rs.233260

(4) Rs.113000

(5) None of these

Question No : 5

If two different amount in the ratio 4 : 5 are invested in SBI and Canara bank respectively in 2017, then what is the ratio of the amounts received after 1 year as interests from SBI and Canara bank?

(1) 20 : 21

(2) 24 : 35

(3) 30 : 31

(4) 34 : 35

(5) None of these