Simple and Compound Interest Quiz for Banking Exams:Check for Daily Quiz Here

Simple interest and compound interest Quiz 2020

Enhance your preparation for all the Bank Exams by practicing all the important topics. To help each and every Banking aspirant, we have provided Simple interest and compound interest Quiz Questions in this post. Crack various examinations conducted by SBI SO, SBI Clerk, Canara Bank, Syndicate bank by attempting Simple interest and compound interest Problems. 

Simple interest and compound interest Quiz 2020 for Banking Exams– Practice Here

Simple interest and compound interest is an important Section for all those who are preparing for competitive exams. Simple interest and compound interest comes in reasoning. Simple interest and compound interest questions are frequently asked in various banking exams. There are different types of Simple interest and compound interest.

  • According to the SBI Clerk 2020 Notification, the preliminary examination is scheduled in the month of March 2020 in online mode
  • It is advised to begin your preparation well in advance so that candidates can get enough time for revision
  • Regular practice of SBI Clerk Mock Test Series will help you improve you
  • Simple interest and compound interest is an important part of the reasoning
  • In order to crack all the stages of the Clerk exam, take up SBI Clerk Online Coaching that will help candidates to understand each topic very well and score more in the exam

simple interest and compound interest

Simple Interest Quiz 2020 for the Banking Exams

These are some of the Simple Interest Quiz that will help you increase your scores in the Quantitative Section

A carpenter claims to be lending Money at Simple Interest and he includes the interest every 6 months to calculate the principal.He charges a 10% Interest,the new rate of Interest will be

Rs.1500 will be divided into 2 persons such as 1 part is invested at 5% and the other at 6%.The annual Interest from both the sum is Rs. 85.Find how much is lent at 5%?

Sum of money becomes 9 times in 20 years.Find the 10 times of the Rate of Interest

Difference between Simple Interest recieved from 2 persons on Rs. 1500 for 3 Years is Rs. 13.50.The difference between their Rate of Interest is

Compound Interest Quiz 2020 for Banking Exams

These are some of the Compound Interest Quiz that will help you increase your scores in the Quantitative Section

What will be the Compound Interest Rate per annum when sum of Rs. 1400 become Rs 1573 in 2 years

Find the Compound Interest on a sum of Rs 40000 after 3 years at a rate of 11% per annum

Rina invested Rs.20000 in a Fixed Deposit Scheme for 2 years in Compound Interest rate for 4 % per annum.What amont will she get after maturity of the fixed deposit

The Yearly Rate of Interest,corresponds to a nominal rate of 6% per annum payable every 6 months,will be

How to attempt Simple interest and compound interest Quiz 2020?

To Attempt our free daily quiz, Follow these steps to attempt quiz on new topics every day

Step 1- Visit our daily quiz page or click the link below

Step 2 – Register if you haven’t registered on our website. Existing users can use their login credentials to log in to the website.

Step 3 – You will be able to see a section saying “ Simple interest and compound interest ”. Click on the button saying “Take test”.

Step 4 – Follow the instructions and start attempting the quiz

Benefits of taking Our Simple interest and compound interest Quiz 2020

The benefits of solving our Simple interest and compound interest Quiz are given below-

  • It will emulate the actual exam pattern or Scheme
  • You can avail the quizzes for free
  • There are a variety of quizzes for a huge number of topics
  • Quizzes are available in both English and Hindi
  • These are designed by the Industry experts
  • These help to identify your weak areas
  • These quizzes will improve speed and accuracy on the day of the exam
  • Gives the confidence to solve questions on the day of the exam
  • Quizzes and tests also keep you entertained

Moreover, you may go through the Banking Quiz for all the other sections to increase accuracy and speed on the day of the exam.

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