# Quantitative Aptitude Mock Test 22

Welcome to your Quantitative Aptitude Mock Test 22

A person invests Rs. 50,000 in a fixed deposit at a compound interest rate of 7% per annum compounded annually for 5 years. What is the maturity amount of the fixed deposit?

A person invests Rs. 10,000 in a savings account at a simple interest rate of 5% per annum. After how many years will the amount in the account increase to Rs. 12,000?

A person borrows a loan of Rs. 20,000 for 2 years at a simple interest rate of 10% per annum. What is the monthly installment that needs to be paid back?

A person invests Rs. 10,000 in a savings account at a compound interest rate of 5% per annum compounded monthly. What is the amount in the account after 5 years?

A person borrows a loan of Rs. 20,000 for 2 years at a compound interest rate of 10% per annum compounded quarterly. What is the amount that needs to be paid back at the end of the loan period?

A person invests Rs. 50,000 in a fixed deposit at a compound interest rate of 7% per annum compounded semi-annually for 5 years. What is the maturity amount of the fixed deposit?