# Quantitative Aptitude Mock Test 23

Welcome to your Quantitative Aptitude Mock Test 23

A person invests Rs. 25,000 in a savings account at a compound interest rate of 6% per annum compounded annually. After how many years will the amount in the account double?

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

A person borrows a loan of Rs. 20,000 for 5 years at a simple interest rate of 10% per annum. What is the total amount that needs to be paid back?

A person invests Rs. 50,000 in a fixed deposit at a simple interest rate of 7% per annum for 5 years. What is the annual income from the fixed deposit?

A person invests Rs. 25,000 in a savings account at a simple interest rate of 6% per annum. After how many years will the amount in the account increase to Rs. 30,000?

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

A person borrows a loan of Rs. 20,000 for 5 years at a compound interest rate of 10% per annum compounded quarterly. What is the total amount that needs to be paid back?

A person invests Rs. 50,000 in a fixed deposit at a compound interest rate of 7% per annum compounded semi-annually for 10 years. What is the maturity amount of the fixed deposit?